Telamon on the rebound: Diversification puts Carmel technology firm back on fast track, prevents layoffs

In 2003, Carmel-based Telamon Corp. hit rock bottom. So, founder Albert Chen returned to his roots. Taiwanese native Chen, 63, had spent two decades building his firm to serve telecommunications giants. But when the dot-com bubble burst, the telecom industry tanked along with it. Telamon-then Indiana's largest minority-owned business-saw its annual revenue plummet $300 million, down from $456 million in 2001. Most managers would have chosen to shrink Telamon to reflect its new reality. But Chen doesn't do mass layoffs....

 

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