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Ceremony Awards SSC as Company to Watch in Ariz.

Fri August 10, 2007 - West Edition
CEG



Specialized Services Company (SSC) was honored at an awards ceremony during the second annual Arizona Companies to Watch event June 1 at the Phoenix Convention Center.

“Companies like the Arizona Companies to Watch are one of the reasons that Arizona leads the country in economic growth. Through the efforts of great employees who deliver innovative products and services, these companies are growing at over four times the national average,” said Joan Koerber-Walker, CEO of the Arizona Small Business Association. “ASBA is proud to be building and supporting this growing community of excellent companies. It’s about time they got the recognition they so richly deserve.”

“Companies to Watch is a unique awards program designed to shine the spotlight on second-stage companies,” said Mark Lange, executive director of the Edward Lowe Foundation, a not-for-profit operating foundation based in Michigan. The foundation’s mission is to “champion the entrepreneurial spirit” by encouraging entrepreneurial cultures in communities throughout the country and helping second-stage companies learn from each other.

“When it comes to a robust economy, second-stage entrepreneurs play a critical role because they generate new jobs and sustainable growth,” Lange said. “And yet, they’re not often recognized or appreciated for the impact they have on the economy or the community.”

SSC is a family owned and operated underground construction and consulting company specializing in directional drilling, auger boring and vacuum excavating/utility potholing.

SSC was founded in 1969, by the Veidmark family. Owners now include Marcia Veidmark and her sons Arvid III and Aaron.

Companies considered for the Arizona Companies to Watch list must be second-stage companies, defined as having 10 to 100 full-time-equivalent employees and generating $750,000 to $100 million in annual revenue or working capital from investors or grants. In addition, the companies must be privately held and headquartered in Arizona.

Judges evaluated the companies for their demonstrated intent and capacity to grow based on one or more of the following:

• Employee or sales growth.

• Exceptional entrepreneurial leadership.

• Sustainable competitive advantage.

• Other notable factors that showcase the company’s success.

Arizona Companies to Watch is sponsored by: Grand Canyon University, College of Entrepreneurship, APS/AAAME, Compass Insurance, Arizona Department of Commerce, Staples, SCF Arizona, PNI, Arizona Republic and KFNN 1510 Financial News Radio.

For more information on Arizona Companies to Watch, visit www.AzCompaniesToWatch.org.

For more information on SSC, visit www.sscboring.com