2011 Forty Under 40: Mamon Powers III

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About me...
Mamon Powers III
Vice president
Powers & Sons Construction Co. Inc.
Web sites:
On my hip:
Most-used apps:
Google Finance
Favorite stuff:
"The Purpose Driven Life;" Purdue Boilermakers; sports; walking through Broad Ripple and downtown

Construction is in the blood of Mamon Powers III. In 1967, the eldest Mamon Powers, whose father had worked in construction, founded Powers & Sons Construction Co. Mamon Powers Jr., now the company’s CEO, joined four years later. And Mamon Powers III serves as vice president in charge of the Indianapolis office.

Among his major achievements: a joint venture with CRG Residential on the Blackburn Terrace and Twin Hills family-housing projects, and teaming with local company Shiel Sexton Co. Inc. to manage demolition of the RCA Dome and construction of the expanded Indiana Convention Center.

Mamon Powers III went to work for the family business after graduating from Tri-State University (now Trine) in Angola, but decided he wanted more education and a better foundation. So he quit to get his MBA at Purdue University, from which he graduated in 2005. “To me, it was like boot camp, so that was really my proudest time,” he said. “I think it’s given me a good foundation for what I do every day.”

Afterward, he took a job with Kansas City-based J.E. Dunn Construction—“I thought it would be good to get experience somewhere else and live somewhere else”—before returning to Powers & Sons.

In his off-hours, in addition to spending time with his fiancée, Powers serves as secretary for the John H. Boner Community Center board.

“It’s my opportunity to give back to the community and make a difference,” he said. “… We’ve teamed up with the Super Bowl Committee, so we’re doing some good things to develop the community on the near-east side.”

But ultimately, his heart is in construction.

“What I like about construction is, at the end of the day, seeing something that will be there for years to come,” he said.•


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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.