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Colorado Companies to Watch spotlight: Redwing Electric
ColoradoBiz Staff //July 24, 2012//
Snapshot: Trinidad-based Redwing is an electrical contractor and electrical material supplier for all aspects of the electrical trade: residential, commercial, industrial, highway construction, new construction, remodeling, repairs, service upgrades, solar and generator systems, transfer switches, custom electric design-build and value engineering.
Leadership: Samantha Quintana has been president since 2005. The company was founded in 1996.
Work force: Redwing ended 2011 with nine full-time-equivalent employees and expects to maintain that number through 2012. The firm is 100 percent woman- and minority-owned and operated.
Pivotal moments: Redwing was challenged by a lack of qualified employees and a depleted pool of potential candidates. Fortunately, office staffers had become familiar with the electrical trade and were willing to become trained electricians, including two women, and the company thrived. Secondly, the company had to restructure after an auto accident left the lead electrician paralyzed. Redwing recruited a new crew, and the lead electrician was moved into top management. The company had to restructure again when the founder retired. Finally, seeing that the residential market was going to bottom out, the company hired electricians with commercial experience and has thrived in
that segment.
Growth curve: Redwing’s revenues grew 61 percent year-over-year in 2011, and the company is projecting a 93 percent increase this year.
