Phillips Concrete Providers share story of success and dealing from the Wellston Enterprise Incubator.
Media Studies — STL Enterprise Journal
Phillips Concrete Providers has set the bar excessive by striving to be most well-liked provider of ready-mixed concrete within the St. Louis metropolitan space. The corporate is minority-owned and situated within the Wellston Enterprise Incubator, a spot the place entrepreneurs and start-ups can plug right into a dynamic community of bodily house and enterprise important assets.
“I used to be referred to the Wellston Enterprise Incubator and I’m comfortable to have my enterprise headquartered there,” stated Lionel Phillips, CEO and President of Phillips Concrete Providers.
Lionel Phillips has a background in company and development administration. He’s additionally a retired IBM govt and was beforehand the proprietor of a mechanical contracting agency and an HVAC provide firm in St. Louis.
“My good friend began introducing me to a number of of his development business purchasers. After assembly plenty of contractors and suppliers, the one provider that I clicked with essentially the most was Nathan McKean with Breckenridge Materials Firm. Mr. McKean and I met for about 8 months, speaking about forming a enterprise relationship previous to my choice to retire from IBM,” stated Phillips. “I took about $100K out of my retirement fund, bought three used concrete mixer vans and the remainder is historical past.”
Phillips Concrete Providers is steadily rising. “Now we have constantly elevated our income yr to yr, solely as soon as have we completed a yr by lower than doubling our prior yr’s gross sales totals,” stated Lionel “I’m happy with the truth that we presently help 17 households.”
Throughout the COVID-19 pandemic, Phillips concrete continues to achieve success. “Phillips Concrete Providers has been lucky in the course of the COVID-19 pandemic,” stated Phillips. “Our drivers had been thought of important staff and we had simply begin engaged on a big MSD tunnel challenge that deliberate to pour a median of 500 cubic yards of concrete per day for about 120 enterprise days inside the subsequent 8 months. In addition they have to finish a COVID well being screening survey day by day previous to beginning their day. We extremely suggest carrying face masks when they’re exterior their vans.”
Lionel Phillips can also be excited for the way forward for his enterprise. “We plan to develop our enterprise in 2021,” stated Lionel. “We would face challenges being a small minority owned firm within the development business, however we all the time try to run our enterprise with the upmost professionalism.”
Phillips Concrete Providers has poured footings, foundations and piers for the next initiatives beneath:
- Kiener Plaza renovation
- Barnes Jewish West County Hospital
- Youngsters’s Hospital in Midtown
- The intersection of Forest Park Ave. and Kingshighway Blvd.
- A number of streets all through the Washington College campus
- Metropolitan St. Louis Sewer District Venture Clear
For extra details about Phillips Concrete Providers go to their web site right here.