Regenski Family Branches Out, Opens Gresham’s Chop House Restaurant With Help From Univ. of Scranton Small Business Development Center
Keith Yurgosky, Manager of Internet Business, University of Scranton SBDC, Thomas Regenski Jr., Paul Regenski and Joseph Regenski, Co-Owners, Gresham’s Chop House David Dickson, U.S. SBA Philadelphia District Director.
Eastern Pennsylvania’s U.S. Small Business Administration 2013 Family Owned Small Business of the Year, Gresham’s Chop House in Hawley, Pa. was added to the family business, which was started generations ago by the late Tom Gresham who started the family’s Gresham Motel business at Lake Wallenpaupack. With guidance and assistance from SBA resource partner, the University of Scranton Small Business Development Center, Gresham’s Chop House restaurant is now part of the four – and approaching five – generations of the Regenski family business.
Thomas Regenski Jr., Paul Regenski and Joseph Regenski, co-owners of Gresham’s Chop House worked with Keith Yurgosky, Manager of Internet Business, University of Scranton SBDC on a business plan and loan package. Then the brothers really got to work building the restaurant themselves – acting as both general contractors and providing the labor. Scenically located on Lake Wallenpaupack, the restaurant, opened in 1999, features steaks, seafood, Italian specialties and light fare.
The brothers said that they are “humbled to have won the award” particularly “amidst so many successful, well-run family owned businesses in the area.”
“I began my work with Mr. Thomas Regenski at the SBDC in 1995 as he flirted with the idea of several businesses. In 1998 he decided that along with his two brothers Paul and Joseph, they would build a restaurant on their family property at Lake Wallenpaupack,” said Yugorsky. “As the nominator, I’m proud to see their accomplishments begin recognized.”
The business has also received counseling and assistance regarding hiring employees, marketing, refinancing, web-site design and social media marketing assistance from the University of Scranton SBDC.
“It’s incredible to see our SBA resource partners are able to help a small business with roots that go back so many generations,” said David Dickson, U.S. SBA Philadelphia District Director at the June 5th, 2013 “SBA Day At The Ballpark” Small Business Week Awards ceremony. “It’s an honor to recognize small businesses like these who are the foundation of the U.S. economy.”
SBA’s Eastern Pennsylvania Family-Owned Small Business of the Year award winner is selected annually from among nominees located across Pennsylvania’s eastern 40 counties. These events are local observances of the annual Presidentially-designated National Small Business Week which recognizes the small business community’s contribution to the American economy.
SBA’s Eastern Penn. 2013 Minority Small Business Of The Year Small Business Week Award Winner
Leverages SBA Programs For Success
Billy O. Cromedy, president of Advantage Contracting, Inc., with SBA District Director David Dickson, Jay Comyn, Advantage Contracting Senior Estimator, wife Jaclyn Cromedy, SBA Regional Administrator Natalia Olson-Urtecho, and Tania Fleming, Vice President of Milestone Bank, recently successfully directed the company to become an 8(a) certified small business.
Advantage Contracting, Inc. of Philadelphia, Pa., the U.S. Small Business Administration’s Eastern Pennsylvania Minority Small Business of the Year exemplifies how SBA programs can help small business start, grow and succeed.
Billy O. Cromedy, president of Advantage Contracting, Inc., which employs 20 people, recently successfully directed the company to become an 8(a) certified small business. SBA’s nine-year 8(a) Business Development Program for socially and economically disadvantaged firms helps develop and grow businesses through one-to-one counseling, training workshops and management and technical guidance. The program also provides access to government contracting opportunities, allowing businesses to become solid competitors in the federal marketplace.
“Minority-owned businesses like Billy’s are some of the fastest growing segments of small businesses, and the SBA is able to play an instrumental role in helping them start and succeed,” said Mid-Atlantic Regional Administrator Natalia Olson-Urtecho.
Cromedy’s company is a fully insured and bonded HVAC/sheet metal contractor that specializes in the fabrication and installation of sheet metal ductwork primarily used for heating, ventilation and air conditioning in various commercial and industrial applications and provides HVAC equipment for both large and small project needs.
“I’m very humbled and I’m thankful that someone acknowledges what I’ve done and continue to do. We put in long hours in construction and to get a little recognition is good,” said Cromedy. “The people who work for you have to believe in your vision and what you’re doing. In the field and in the office, they all understand that I’m working towards something that is bigger than me or them.”
“I am proud to have nominated Billy Cromedy and Advantage Contracting for this award, and prouder still that we have been able to partner with Billy to help him realize his goals for the business,” said Tania Fleming, Vice President of Milestone Bank.
SBA’s Eastern Pennsylvania Minority Small Business of the Year award winner is selected annually from among nominees located across Pennsylvania’s eastern 40 counties and recognized at the annual “SBA Day at the Ballpark” event. These events are local observances of the annual Presidentially-designated National Small Business Week, which recognizes the small business community’s contribution to the American economy.
"It’s an honor to recognize the accomplishments of our small business communities,” said David Dickson, U.S. SBA Philadelphia District Director. “Billy Cromedy and his company provide a wonderful example of how to leverage SBA programs into business success."
Local Company With 75 Employees World-wide Exports To Canada, South Korea, Israel, Slovakia, Czech Republic, Netherlands and Mexico
During a Feb. 2, 2013 tour of Acton Technology, Inc., a rapidly expanding small business that is exporting to nations across the globe, U.S. Small Business Administration Mid-Atlantic Regional Administrator Natalia Olson-Urtecho highlighted how local small businesses can benefit from SBA and Administration programs to grow, create jobs and export internationally.
Acton Technologies, Inc. leveraged SBA-backed exporting assistance from the Northeastern Pennsylvania Alliance (NEPA) International Trade Program that helped defray the cost of attending and exhibiting their products at European Trade Shows. NEPA is a regional multi-county economic development agency providing leadership, planning, expertise and services to regional and local governments, businesses, institutions and individuals through innovative and beneficial collaborations and partnerships to enhance the economic development and quality of life of the area.
“Today, we live in a truly global economy and we know that to stay competitive American businesses must embrace that reality and make a place for themselves in the global marketplace.” Olson-Urtecho said. “Breaking into foreign markets can be complex, even for businesses that have long track records of success stateside. That’s why SBA-backed assistance through local SBA resource partners – SCORE, the Women’s Business Centers and Small Business Development Centers – is so important. Small businesses can turn to them for guidance on anything from starting and growing a business to exporting across the globe, just as Acton Technologies turned to NEPA.”
Established in 1947, Acton, which received an SBA-backed loan from PNC Bank in 1987, has grown over the years to 47 employees at its Pittston, Pa. location with 75 total employees around the world . Acton currently exports to locations worldwide, including Canada, South Korea, Israel, Slovakia, Czech Republic, Netherlands and Mexico.
“Acton Technologies' motto, ‘Building Technology For Tomorrow’ reflects our focus on products and services that are used in numerous unique areas of the aerospace, automotive, electronics, medical, pharmaceutical and semiconductor industries,” said Terrence Neville, Acton Technologies president. “We have achieved incredible breakthroughs in several highly specialized fields including accomplishments that have even enabled companies to introduce new products that had been stalled in the development stage for years.”
SBA’s district offices serve every state and territory in the United States and SBA works with its local resource partners – SCORE, Small Business Development Centers, and Women’s Business Centers – to provide technical business counseling to entrepreneurs at every stage of small business development. Assistance is available on a broad spectrum of business-related topics, including: writing a formal business plan, locating sources of financial assistance, managing and expanding a business, government contracting, exporting, and disaster recovery.