John P. Sexson, president of Sexson Mechanical Corp. in Greenwood, has been named the 2010 Indiana Minority Small Business Person of the Year by the U.S. Small Business Administration.
Sexson, 44, launched his plumbing and heating, ventilation and cooling company in 2000. It since has grown to 26 employees. It reached $14 million in annual revenue in 2008 before dropping to $7 million last year due to the poor economy.
He’s procured dozens of government contracts from agencies such as the Army Corps of Engineers, National Parks Service and Veterans Administration. His ability to always fulfill contracts on time likely led to his recognition by the SBA, Sexson said.
Sexson Mechanical currently is in the SBA’s 8(a) Business Development Program, which helps socially and economically disadvantaged individuals develop and grow their businesses.
Businesses in existence for at least two years are eligible for the nine-year program, which includes counseling, training and possible federal contracting opportunities.