Black IPO's Wendell Stemley Celebrates Milestone Business Accomplishments And Induction Into NAMC Hall Of Fame
SAN DIEGO, Sept. 18, 2014 /PRNewswire/ -- Over a span of two decades, Black IPO Chief Executive Officer Wendell Stemley has built a successful enterprise and worked to establish, maintain and grow key business relationships between corporations and minority- and women-owned business enterprises for mega-construction projects nationwide, totaling more than $500 million to date. In honor of his contributions and significant business accomplishments, Stemley was inducted into the 2014 class of the National Association of Minority Contractors Hall of Fame in June.
Stemley is a 20-year NAMC member, NAMC national board member and currently president of the Mid-California chapter. NAMC developed its Hall of Fame recognition to acknowledge the contributions of members who have distinguished themselves through service to the organization and substantial contributions to the construction industry.
Stemley said, "I have a long and prosperous relationship with the National Association of Minority Contractors. Receiving this recognition and induction into the Hall of Fame from NAMC is an honor and a humbling experience. I'm grateful to the NAMC board and members for their continual efforts to support minority business development in construction."
Black IPO is an Engineering and Construction Management firm that was founded in 2000 by Stemley. The San Diego, Calif.-based company offers construction management, design phase management, cost control systems and contract administration for primes and general contractors across the country.
Stemley said, "From the beginning, our priority at Black IPO has been to build a successful business model and to help pave the way for other minority business owners in the construction industry. We focus on securing access to capital or securing private equity funding to ensure the success of large construction projects for the corporations and minority or woman-owned contractor." For more information about Black IPO, visit online at www.blackipocm.com and read a recent article featured in American DBE Magazine at www.americandbe.com.
SOURCE Black IPO, Inc.
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