Category Archives: Industry

Building Boats One at a Time

Featured News Retail Comments

Cougar Marine at the helm of construction Bill Gagan started a fiberglass and composite fabrication company in a 600-square–foot shop in the Dallas area. Business boomed and his company became one of the largest fiberglass and composite fabrication companies in the world, operating out of a 115,000-square-foot building. Gagan holds several patents and copyrights and has fabricated high-speed racing boats, race car parts, components for Disney attractions, signs for franchise…

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A Pro Teaches Home Cooks

Featured Food & Entertainment News Professional Services Comments

McAllen Culinary Academy makes cooking comfortable Food excites Chef Marcel, and he shares that enthusiasm with cooks who turn to him to sharpen their skills in the kitchen. The McAllen Culinary Academy may sound like a school for cooks wanting to become professional chefs, but that’s not what inspires Marcel. “I’m not looking to teach professional cooks,” Marcel said. “I am more for people who want to better themselves for…

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Venues Connect with Valley’s Past

Food & Entertainment News Comments

A handful of event centers in the Rio Grande Valley set themselves apart from the crowd by offering venues steeped in the history and heritage of Deep South Texas. From historic buildings to outdoor settings, these businesses specialize in helping customers plan everything from weddings to corporate gatherings. The businesses featured here represent a small sampling of venues that reflect the heritage and natural beauty of the Valley.   Villa…

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Brothers Credit SBA Programs with Growth

Business Advice Featured Government Comments

Federal programs and contracts pay off Brothers Samuel and Saul Maldonado founded SAM Engineering & Surveying Inc. in June 2008 with only three employees and yearly sales of $400,000. Today, the firm has grown to 55 employees with sales in excess of $4 million.  The brothers attribute part of their success with assistance provided by the U.S. Small Business Administration. Starting initially as an engineering and surveying firm, SAMES added…

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Sweet Business: A Natural Approach to Success 

Featured Food & Entertainment Retail Comments
Wicked Good owner Jonathan Hogan added on to his house to create storage space for his growing product line. (VBR)

Wicked Good keeps it fresh and local After graduating with a bachelor’s degree in psychology, Jonathan Hogan began applying for graduate programs and wondering how he would be able to pay for it. With time on his hands, he began experimenting with making marmalades, jellies and jams in the kitchen of his Mission home. At one point his father weighed in that the marmalade was so good he felt wicked eating it. Thus Hogan’s company Wicked Good was…

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Digital Beach Bums Promote the Island 

Featured Recreation & Tourism Comments
Jerry Wilson updates a Facebook page from his home office. (VBR)

Live web cams attract valuable audience A video of a large alligator cruising near the Laguna Madre shoreline on South Padre Island generated more than 70,000 online views in three days. That’s as good as gold for Jerry and Jackie Wilson, owners of South Padre Network, a digital business the Wilsons operate from their home. The Wilsons posted the alligator video, captured by their web cam at Sea Turtle Inc. on Facebook. The…

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The Enlightened Exterminator 

Featured Professional Services Comments
Jose Guerrero and Gabriel Martinez prepare to treat a house for termites. (VBR)

Safeguard Pest Control provides solutions When Juan Martinez returned to the Valley after serving in the Marine Corps, he found a job with a pest control company. He enjoyed the work, moved up the ladder and eventually managed the business. In 1991, he started his own company, Safeguard Pest Control, with his assets of a pickup truck, experience, a strong work ethic and a Pest Control Structural license from the Texas Department of Agriculture. Now the largest independent pest control company in the Valley, Safeguard is run by his sons, Frank and Gabriel. “I started working here the day he opened the business,”…

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How to Calculate Taxes on IRA Income

Finance/Banking News Comments
calculating taxes on IRAs

Calculations vary with contributions and earnings In last month’s article, I wrote about the mistaken idea some people have that they earn too much to benefit from a Roth IRA.  The Tax Increase Prevention and Reconciliation Act, passed by Congress in 2005, effectively opened up a legal avenue to make contributions to a traditional IRA, and then convert all or part of the funds to a Roth. Let’s dig a…

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From Warship to Scrap and Beyond

Featured Manufacturing/Industrial Comments

Old Ships Build the Future International Shipbreaking Ltd. CEO Chris Green moves among employees with ease, greeting them with waves, smiles and handshakes. Walking across the hangar deck of the aircraft carrier USS Independence, he stopped to talk with two workers. “How’s your boy doing?” he asked one man whose son had been experiencing health problems. “We have a group of really hard-working people around here,” Green said. “They are our greatest asset.” The USS Independence is the most…

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Don’t Think You Earn Too Much For A Roth IRA 

Business Advice e-Brief Features Finance/Banking News Comments

When Roth IRAs were created in 1997, they were an exciting new idea. They provided a way to make after-tax contributions that could, under certain conditions, grow entirely free of federal income taxes. Prior to that, traditional IRAs worked basically the other way around — you could make deductible contributions, but distributions would be fully taxable. The law also allowed taxpayers to “convert” traditional IRAs to Roth IRAs by paying…

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