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Torch Technologies
Torch Technologies is an employee-owned system engineering, applied science, modeling & simulation and information technology small business headquartered in Huntsville, Alabama, United States.〔Inc. 5000 Company Profile: Torch Technologies〕 Its primary customers are the United States Army Aviation and Missile Command (AMCOM) and the Missile Defense Agency, although it has contracts with other DoD agencies including the Navy and the Air Force.〔AL.com "Torch Technologies Wins Nearly $71 Million Dollar Contract for Missile Element Development"〕 Torch has over 350 employee-owners located primarily in Huntsville, AL; Colorado Springs, CO and Eglin AFB, FL.〔http://www.torchtechnologies.com/about+us/company+profile〕
==History==
Torch Technologies was co-founded in 2002 in Huntsville, AL by Bill Roark and Don Holder. Roark and Holder respectively have 30 and 40 years of experience in Department of Defense research and development programs and other contracts.〔http://eastsidepartners.com/entrepreneurs/bill-roark/ "Entrepreneur Stories: Bill Roark"〕 The company's location was chosen due to proximity to Redstone Arsenal, which is the headquarters of several large Army organizations such as AMCOM and offices belonging to US Army Aviation.〔https://www.peoavn.army.mil/SitePages/Home2.aspx〕 Upon the company's formation, the co-founders began to aggressively recruit a team of senior engineers, and set out to build a reputation for good service and competitive pricing. In 2005, Roark began to take steps that would allow Torch to become employee-owned (via an ESOP), and the company attained 100% employee ownership in 2010.〔http://www.dol.gov/ebsa/pdf/1210-AB32-054.pdf〕 Roark desired employee-ownership and profit sharing because such management styles have been proven to reduce employee attrition rates and increase job satisfaction.〔The Bible on Leadership: From Moses to Matthew, Management Lessons〕 In 2008, Torch began bidding as a prime government contractor. With the receipt of four direct award prime task orders on AMCOM Express, the company won more contracts in two weeks in late 2008 than the previous six years of combined government work.,〔 In early 2015, Torch announced it would break ground on a $12 million renovation of the two existing buildings it owns in South Huntsville.〔http://whnt.com/2015/03/19/torch-technologies-to-expand-south-huntsville-campus-bring-more-jobs-to-tennessee-valley/〕 Torch received economic incentives from the city of Huntsville, the Tennessee Valley Authority and the state of Alabama to keep its headquarters in South Huntsville as opposed to moving to Cummings Research Park in hopes of growing economic activity in the immediate area.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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