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The Roaring 20

Spectrum

Updated: November 28, 2011 - 4:52 pm

Posted: November 8, 2011

Founded 1999

Business type Government contractor, intelligence systems

Based Newport News

Website www.sptrm.com

Employees 214 in 2008, 277 in 2009, 310 in 2010,

Spectrum made the huge leap recently from small business to large business in the Department of Defense contracting classification, said Jeffery Wassmer, CEO and founder, with a look of both apprehension and satisfaction.

"There is no medium," he said.

SteelMaster Buildings

Updated: November 11, 2011 - 2:44 pm

Posted: November 8, 2011

Founded 1982

Business type Manufacturer of arched steel buildings

Based Virginia Beach

Website www.steelmasterusa.com

Revenue 5 percent increase in 2008, 6 percent increase in 2009, 30 percent increase in 2010

Employees Numbers not released to public

Whether it's a luxury home in the Hamptons or a bulk-food warehouse in earthquake-ravaged Haiti, SteelMaster Buildings has sheltered its customers since 1982, and it continues to grow in the U.S. and abroad.

East Coast Repair and Fabrication

Updated: November 11, 2011 - 2:23 pm

Posted: November 8, 2011

Founded 1999

Business type Ship repair

Based Norfolk

Website www.ecrandf.com

Revenue $22.68 million in 2008, $32.57 million in 2009, $67.6 million in 2010

Employees 256 in 2008, 321 in 2009, 477 in 2010

As president of East Coast Repair and Fabrication - not to mention the proud new owner of his own shipyard - Jorge Rivera attributes his success to dedicated employees, loyal customers, excellent mentors and a relentless stubborn streak.

A-Active Termite & Pest Control

Updated: November 11, 2011 - 2:17 pm

Posted: November 8, 2011

Founded 1995

Business type Pest control

Based Virginia Beach

Website www.123bugfree.com

Revenue $3.15 million in 2008, $3.25 million in 2009, $3.53 million in 2010

Employees 31 in 2008, 33 in 2009, 35 in 2010

As an entomologist and exterminator, Kevin Kordek does more than just evict roaches, rats and other vermin. His team at A-Active Termite & Pest Control gives customers peace of mind.

Monarch Bank and Cos.

Updated: November 11, 2011 - 2:52 pm

Posted: November 8, 2011

Founded 1999

Business type Banking and financial services

Based Chesapeake

Website www.monarchbank.com

Revenue $50.6 million in 2008, $68.1 million in 2009, $92.7 million in 2010

Employees 272 in 2008, 399 in 2009, 532 in 2010

Someone forgot to tell Monarch Bank that it's not a good time to be a bank.

Over the past two years a near-record number of banks have failed, big name banks have posted record losses, and the FDIC has tagged more than 10 percent of banks nationwide as "troubled."

Lumber Liquidators

Updated: November 11, 2011 - 2:33 pm

Posted: November 8, 2011

Founded 1994

Business type Specialty retailer of hardwood flooring

Based Toano

Website www.lumberliquidators.com

Revenue $482 million in 2008, $544.57 million in 2009, $620 million in 2010

Employees 788 in 2008, 934 in 2009, 1,191 in 2010

With hardwood floors all the rage these days, a Toano-based national retailer is mopping up business by selling relatively affordable, high-quality flooring.

Lumber Liquidators gets its products directly from mills, so retail prices are significantly lower, said CEO Jeff Griffiths.

BOSH Global Services

Updated: November 11, 2011 - 2:50 pm

Posted: November 8, 2011

Founded 2003

Business type Support services for unmanned aerial vehicles

Based Newport News

Website www.boshgs.com

Revenue $11.62 million in 2008, $18.38 million in 2009, $19.62 million in 2010

Employees 104 in 2008, 124 in 2009, 133 in 2010

When Bob Fitzgerald retired as an Air Force communications officer in 2001, the service only had two unmanned aerial vehicles, or UAVs, buzzing around the wild blue yonder. Today, it has upwards of 40, and Fitzgerald says the Air Force plans for a total of 65 in the next year or so.

Apogee Solutions

Updated: November 11, 2011 - 2:18 pm

Posted: November 8, 2011

Founded 2002

Business type Allied health management, military training and exercise management, and technology integration for the U.S. government and private-sector organizations.

Based Chesapeake

Website www.apogee.us.com

Revenue $1.4 million in 2008, $3.8 million in 2009, $4.6 million in 2010

Employees 27 in 2008, 36 in 2009, 54 in 2010

From grooming soldiers for battle to nurturing those whose homecomings are challenged by injury, Apogee Solutions offers a continuum of training and support for the nation's military.

Linxx Global Solutions

Updated: November 11, 2011 - 2:32 pm

Posted: November 8, 2011

Founded 2000

Business type Educational, training, professional and program management services to government and commercial customers.

Based Virginia Beach

Website www.linxxglobal.com

Revenue $7.98 million in 2008, $10.01 million in 2009, $17.73 million in 2010

Employees 83 in 2008, 98 in 2009, 137 in 2010

As Navy SEALs, Frank Cucci and Marty Strong learned the value of teamwork and cross-training. They integrate those ideals at LINXX Global Solutions, where 60 percent of corporate-office employees are former SEALs or special-ops veterans.

Insignia Technology Services

Updated: November 11, 2011 - 2:29 pm

Posted: November 8, 2011

Founded 2006

Business type Information technology

Based Newport News

Website www.insigniatechnology.com

Revenue $7.3 million in 2008, $8.86 million in 2009, $10.95 millon in 2010

Employees 64 in 2008, 90 in 2009, 72 in 2010

When Fred O'Brien retired from the U.S. Army five years ago, he knew the military could still benefit from his expertise.

The result is Insignia, a $10 million company that provides various forms of information technology that includes training software and records of military veterans.

Post-event coverage

To view a handouts from the speaker, click this link:
Useful Websites Resource Guide.