(Memphis) Memphians are getting a close and personal look at President Obama’s plans to help small businesses thrive.
Wednesday, U.S. Small Business Administrator Karen Mills was in Memphis for a look at a small business success story.
Walter Jones has worked for West Tennessee Ornamental Door Company close to 19-years, “I was the second person hired on. We started off with just two people and it’s grown.”
He believes successful small businesses like this are crucial to Memphis’s economy,
“There’s only so many FedEx’s, UPS’s and big companies like that our there. We need small business.”
The company,located near Memphis International Airport, has expanded from 10,00 to 56,000 square feet, has sixteen full-time employees and an annual income of almost three million dollars.
The company’s success isn’t a surprise to seven year employee Angelo Rosebur of Memphis, “Just stay focused everyday. We come to work everyday and just try to ‘better’ our product.”
The company got two Small Business Administration loans to help with improvements and expand from making security doors to fences and gates for homes and businesses.
Wednesday, Karen Mills, the U.S. SBA Administrator, toured the company and pledged to help take the business to the next level,
“We can help you get on a trade mission and show your product around to other countries.”
Mills says the SBA has taken the headaches out of the small business loan process and made American manufacturing a priority,
“And in the tax code, the President is determined to simplify and streamline it, so that small businesses will have less burden.”
Company President Jim Hoffa says the company hopes to grow by 10-20% if the economy allows and keep hiring local workers,
“We want to employ the local Memphis people to do our manufacturing. And then do it in a higher quality.”