SMALL BUSINESS OF THE YEAR
The Small Business of the Year Award is presented to the small business owner whose efforts and/or entrepreneurial pursuits exemplify the passion and commitment needed to overcome adversity as well as attain success.
Small Business of the Year Winner
Ian Y. Blount and Angela N. Cauley â€˘ Coalescence L.L.C. â€˘ Columbus, OH â€˘ www.coalescencellc.com
Agriculturalists Ian Y. Blount, 41, and Angela N. Cauley, 39, created Coalescence L.L.C. in 2005 with a few goals in mind. Sure, they wanted Coalescence, a custom food blending company that counts Tyson Foods, Kelloggâ€™s, and vegetarian food manufacturer Morningstar Farms as clients, to be successful and provide great service.
But the husband-and-wife teamâ€™s primary goal was to build generational wealth for their family and provide a vehicle of employment for underrepresented people of color where they could showcase their talents. â€śWe are proud that 93% of our staff is made up of minorities,â€ť Cauley, co-founder and CEO, says of the companyâ€™s 41 employees.
Theyâ€™ve been successful with their plans, as evidenced by the companyâ€™s rapid growth to a $24.5 million enterprise. â€śWe have also grown from our initial 7,500-square-foot facility in 2005, to our current state-of-the-art 35,000-square-foot facility,â€ť says Blount, co-founder, senior vice president, and chief operating officer.
Cauley and Blount envision their company becoming the premier solutions provider in the food and beverage industry. â€śThe strategic goal for our organization is to become a one-stop shop for our customers,â€ť he says.
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