Sunday, January 17, 2010 — Storm Technologies, Inc. (STI) was named the Small Business of the Year at the Stanly County Chamber of Commerce annual meeting Thursday.
STI was by far the largest of this year’s nominees, with a workforce of 42 employees, and the oldest, having begun operations in 1992. Its consulting business to the power industry is now international and has grown revenues from $1.5 million to $8 million over the past 10 years.
In 2007, STI made a $600,000 capital expenditure which included a 23,000-square-foot building, land, equipment and software. The new division, Fabricated Solutions, fabricates boiler parts and created four new jobs.
In September 2009, STI announced an 18,000-square-foot building expansion for 2010 which will also add 20 jobs to the local economy.
Then in October, the company announced a new joint venture with California-based Paragon Airheater Technologies, which will better serve Paragon’s customer base worldwide.
Just as with its revenues, STI has grown its community service to include local non-profits, co-op engineering programs with major universities across North Carolina and has provided high-tech training to its employees through the Stanly Community College Focused Industry Training program.
STI was honored with numerous statewide awards in 2009, including the Governor's Award for Excellence in Workforce Development.
“Albemarle and Stanly County is such a wonderful place to have a business, and we’ve made so many friends here. Everyone has been extremely supportive, and we are very humbled and blessed by receiving this recognition,” said Dick Storm, president and CEO.
Matt Smith, 2008 recipient of the award, introduced STI as this year’s winner, adding that he believed the award is one of the best recognitions a business in the area could receive.
“I didn’t realize how much this award would mean until we received it. People in this category love what they do and have found a way to make money doing it. The award is just a way for the community to say thank you.”
The nominees for this year’s award also included Green Pieces Recycling and Re/Max Town and Country.
Each finalist submitted an application which required responses in four areas of business: (1) stability and growth; (2) innovation; (3) response to challenge; and (4) community service.
Homepage
Related Photos
-
Danny and Dick Storm
Discussion
Storm named Business of the Year
- Homepage
-
-
Prospect Baptist wants to feed 5,000
Inspired by one of the miracles performed by Jesus, the congregation of Prospect Baptist Church has mobilized to feed the hungry in Stanly County.
- Police reveal accident details
- Community can help Tucker through benefit
- Police officers take oath
- Relay for Life
-
Prospect Baptist wants to feed 5,000
- Local News
-
-
World War II veterans will gather at luncheon
Stanly Community College (SCC) will host its 9th Annual WWII Veterans recognition luncheon May 29 in the Webb Student Center on the Albemarle campus.
- Stanly County Family YMCA Awarded $25,000 Grant from ALCOA Foundation
- World's Largest Swimming lesson set for June 14
-
World War II veterans will gather at luncheon
- Around Stanly County
-
-
4-H announces summer programs
Registration for Stanly County’s 4-H Summer Blast is now open.
- ADDC finds way to lure donations
- This Weekend in Stanly County May 24
-
4-H announces summer programs
- Sports
-
-
South Stanly softball to play in 1A State Finals
The South Stanly softball team found out this afternoon which school they will be playing this week in the NCHSAA state 1A finals series. - West Stanly Softball: 2A West Regional Series update
- New London man takes 2nd behind Lexington angler
-
South Stanly softball to play in 1A State Finals
- Letters to the Editor
-
-
A few items to factor in
Regarding the recapture of the FERC license, it seems some folks want to focus solely on the money spent instead of the accomplishments that have been achieved or planned.
- Thank you, EMS professionals
- Time to wake up
-
A few items to factor in
- Opinion
- Lifestyles
-
-
Wilson-Helms Wedding
Stacie Denise Helms, daughter of Mr. and Mrs. Bobby Dale Helms of Albemarle and Thomas Keith Wilson Jr., son of Diane W. Hoggard of Concord and the late Thomas Keith Wilson Sr., were married at 5 o’clock in the afternoon December 31, 2011.
- McCormack-Hunter Wedding
- First Birthday: Riley Lester
-
- Features
-
-
Mical celebrates one year of Cakes from Home
Albemarle Downtown Development provides features on participants from the Farmers Market.
- Claytons owners of the ‘Lucky Duck’ in the GHA Autism Supports Rubber Duck Derby
- VIDEO: 'Ring of fire' solar eclipse
-
- Blogs
- Regional
-
-
N.C. State Health Director Gerald gives shellfish alert
North Carolina State Health Director Laura Gerald, M.D., is warning North Carolinians and visitors to avoid eating any fresh or frozen shellfish imported from South Korea following action by the U.S. Food and Drug Administration (FDA).
- CCC offers minor home repairs free
- DWI checkpoints planned for recreational areas
-
N.C. State Health Director Gerald gives shellfish alert
- Marriages/Divorces
