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80 Worcester Business Journal | Book of Lists 2024 | wbjournal.com F O C U S G E N E R A L I N T E R E S T Largest veteran-owned businesses Ranked by number of local employees Company Local employees/ local offices Type of business Veteran owner(s) % veteran-owned/ branch of military/ year founded 1 Brideau Energy 49 Cobbler Drive, Fitchburg 01420 978-342-9780 • brideauenergy.com 60 3 Retail oil and propane, HVAC service and installation Mark Brideau president 100% Army 1987 2 Solidus Technical Solutions 17 Forsythia Road, Lunenburg 01453 866-765-4387 • solidus-ts.com 55 1 Systems engineering and software development Darlene Tucker president 100% Army 2001 3 Cinch I.T. 27 West Mountain St., Worcester 01606 508-425-4714 • cinchit.com 54 2 IT services provider Richard Porter president 100% Army 2004 4 Dario Diesel Truck Center 182 SW Cutoff, Worcester 01604 508-753-8177 • dariodiesel.com 40 1 Truck dealership and service center Dario Sabatini owner 100% Army 1959 5 Image Diagnostics Inc. 310 Authority Drive, Fitchburg 01420 978-829-0009 • imagediagnostics.com 35 1 Medical product design, development and manufacturing Remo Rossi president 95% Air Force 1986 6 Machado Consulting Inc. 32 Franklin St., Worcester 01608 508-453-4700 • gomachado.com 30 1 Managed IT consulting and general IT support Helder Machado CEO 100% Army 2001 7 Dillon Boiler Services Co. Inc. 380 Crawford St., Fitchburg 01420 978-345-4351 • N/A 25 1 Fabrication and repair of boilers, pressure vessels reactors, heat exchangers and steel fabrications John McNamara president 100% Navy 1986 8 Corporate Benefit Plans 195 Park Ave., Worcester 01609 800-417-6353 • corporatebenefitplans.com 20 4 Corporate benefit plans including medical, dental, vision and 401(k) retirement plans Greg Lavelle president & CEO 100% Navy 1995 9 A and M Compressed Air Products Inc. 40 Industrial Drive, Uxbridge 01569 508-278-6500 • amcompair.com 17 1 Distributor of air compressors, vacuum pumps, process chillers and heat exchangers John Normandin CEO 52% Army 1982 9 I.F. Engineering Corp. 3 Foshay Road, Dudley 01571 860-935-0280 • ifengineering.com 17 1 OEM in satellite and telecommunications, radio frequencies Lee Foshay owner 51% Air Force 1994 11 P3I Inc. 77 Main St., Hopkinton 01748 508-435-7882 • p3i-inc.com 14 1 Systems engineering services and IT support Janice Guy president & CEO 77% Marine Corps 2000 12 67 Degrees Brewing Co. 158 Grove St., Franklin 02038 508-507-7376 • 67degreesbrewing.com 12 (1) 1 Brewery Olivier Edouard founder & CEO 52% Air Force 2020 12 BSA Security Integrators 40 Mechanic St., Marlborough 01752 508-485-1176 • bsasi.com 12 2 Security systems integrators James P. McStay CEO 100% Marine Corps 1989 14 The Cleaning Advantage 121 Mill St., Suite 3, Lancaster 01523 978-779-6646 • thecleaningadvantage.com 11 1 Cleaning firm Maurice Goin co-owner 51% Coast Guard 2004 15 Ready 2 Run Graphics & Signs 240 Barber Ave., Worcester 01606 508-459-9977 • ready2rungraphics.com 10 1 Interior and exterior signage, experiential graphics design, production and installation David Winchester president 51% Navy 2013 16 PuroClean Certified Restoration Specialists 482 Southbridge St., Suite 331, Auburn 01501 774-321-3232 • puroclean.com/pcrs-ma 9 2 Property damage clean-up Nigel Belgrave owner & president 100% Air Force 2014 17 The McCurdy Group 212 Main St., Sturbridge 01566 508-347-9343 • mccurdyinsurance.com 6 1 Personal and business insurance, investments and financial planning Dennis McCurdy president 100% Air Force 1975 18 Cadel Chemical & Supply Co. 245 Elm St., Leominster 01453 978-840-6930 • cadelchemco.com 4 1 Industrial water treatment Jeff Richard president 50% Army National Guard 1980 18 Metrowest Minisplits 14 Newton St., Southborough 01772 508-481-1357 • Metrowestminisplits.com 4 1 Full service HVAC, heat pump and mini split sales, service and installation Alan Diodato Jamie Falconi co-owners 51% Army (2) 2022 18 Venture X Marlborough, Apex Center 11 Apex Drive, Suite 300A, Marlborough 01752 508-375-3636 • venturex.com/locations/marlborough 4 1 Private offices, workspaces, meeting rooms and virtual offices for co- working across industries Ryan Gagne CEO 100% Marine Corps 2018 Source: Each company via survey as of Q1-Q2 2024. Note: N/A=not available. (1) Data from WBJ's 2023 survey (2) Branch served by Jamie Falconi -Compiled by: Heide Martin, hmartin@nebusinessmedia.com How veterans get their business financing In a 2021 national survey of military-affiliated entrepreneurs, getting a bank loan was the sixth most used form of financing for businesses. % businesses Type of using that financing financing in 2020 Personal savings and family 45% CARES Act Paycheck Protection Program 43% Business credit cards 33% Economic Injury Disaster Loans 24% Personal credit cards 23% Business loan from bank or other financial institution 22% Government-guaranteed business loan 11% Personal and family assets 10% Business loan from government 9% Grants 7% Source: Syracuse University's Institute for Veterans and Military Families