At some point in their careers, many people dream of becoming their own bosses. Two veteran electrical motor specialists in St. Joseph not only have dreamed it ... they've achieved it.
For several years long-time co-workers Mark Jago and Garry Reynolds had received indications that their Kansas City employer might be ready to sell the St. Joseph shop where they rebuild electric motors.
Consequently their career options were fairly straightforward. Mark and Garry could purchase the St. Joseph business and work for themselves or they could labor for someone else, possibly in another line of work. They elected to explore entrepreneurism.
In January 2003 Mark and Garry attended a Small Business Development Center (SBDC) presentation on Starting a Small Business in Missouri, to better prepare themselves. That session introduced the duo to the basic principles of business ownership, a subject they continued to research.
A few months later, armed with their new-found business knowledge and a desire to establish their own venture, they approached the SBDC office in St. Joseph to assist them in valuing the business and to secure a loan to purchase the shop.
Mark and Garry, each with more than 18 years of employment in the St. Joseph shop, had complementary skills and they knew the customers.
"However, sales over the last several years had decreased, due to changes in the industry and to problems in the home office," says Jerry Darnell, Northwest Missouri State University SBDC counselor based in the St. Joseph satellite center. "But the St. Joseph office had a solid core of business. Mark and Garry knew that with the right amount of capital they could rebuild the business."
With their equity investment of 49 percent, these determined partners secured an SBA-guaranteed loan through a local lender to finalize the purchase in August 2004. They kept the business at 901 S. 8th Street, but they changed the name to Dynamic Industrial Services. Since the purchase they have retained their existing client-base and have attracted other patrons, including many of the customers who previously had left.
Mark says, "We couldn't have done it without the assistance of the SBDC."
"They evaluated the financials to arrive at a fair value for the business," says Garry. "They assisted our attorney in putting together the offer-to-purchase and provided general encouragement to enable us to deal with the changes from employee to owner."
Dynamic Industrial Services
901 S. 8th Street
St. Joseph, MO 64503
Phone: 816-464-3409
Fax: 816-233-7700
E-mail: markjogo@sbcglobal.net
Manufacturer
- Able Products of Joplin - furniture
manufacturer

- Billy Goat Industries of Lee's
Summit - manufacturer of outdoor power equipment
- Dynamic Industrial Services of St. Joseph - rebuilder of electric motors
- Eyes of the World of Rolla - manufacturer of high-quality intraocular lenses for humans and animals
- Eygon Enterprises of Lee's
Summit - manufacturer of a special tool for truckers
- Feather Light Lamp Manufacturing of Kennett - maker of high-quality lighting

- H2OVER Beverage Company of Columbia - canned drinking water distributor

- ISW Group, Inc., of St. Louis - manufacturer of a skin-care product for
African Americans suffering with dermatological problems

- Mo-Sci Corporation of Rolla - specialized glass manufacturer
- The Newberry Group of St. Louis - developer of computer security systems

- Paper Petals of Fenton - printing and custom design of note cards and invitations
- Patric Chocolate of Columbia - gourmet chocolate maker

- Pogue Label and Screen of St. Louis - a specialist in printing labels on plastic containers

- Premier Foods of Milan - poultry processing plant

- Renewable Alternatives of Columbia - specializing in the engineering of phase change materials
to ensure consistent temperatures

- sComm, Inc., of Kansas City - developer of devices to assist the deaf
and hearing impaired

- Sigma Aldrich of St. Louis -
chemical manufacturer

- TechGuard Security of Chesterfield - provider of information network security products

- ValRich Foods of Jefferson City - produces and distributes La Casita salsas

- X-Com, Inc. of Warrensburg, - produces digital communications hardware and software for the Navy and other commercial applications and products
Professional, Scientific and Technical Service
- Aegis Business Solutions LLC of Kansas City -
offers solutions to business problems in information technology 
- Big Vision Design, LLC of Platte
Woods - web site designer/developer

- Brick City Custom Works of Mexico - custom motorcycle repair and service shop
- Flexible Staffing of Chillicothe - provider of temporary workers

- Fundraiser Software of West Plains -
a developer of donor management computer programs

- Gaskin, Hill, Norcross of
Springfield - developer of a text messaging system

- Global Solutions Group of Fenton - network solutions, IT telephone and
systems management firm

- H2O Technical Services, Inc., of Springfield, a provider of integrated water treatment services and applications

- Lee Marketing Group of Joplin
- marketing firm
- Logistical Resource Solutions of St. Louis - storage and inventory control
- Lytmos Group LLC of Lee's Summit - provides peer review and grants management support to organizations that sponsor high technology R&D

- Mail Boxes Etc of Leawood, KS - mailing/shipping services franchise
- Mobile Media Technologies, LLC of Kansas Ciy - wireless communications
- Moresource, Inc. of Columbia - professional employer organization
- NEMS/MEMS Works LLC of Columbia - engineering researchers developing early-stage prototypes of nanotechnology delivery devices to target drug
applications in patients with life-threatening conditions
- OsteoGeneX of Kansas City - drug research and biotech commercialization
- Paragon Business Solutions of Nixa - consulting firm specializing in building performance driven business systems
- Paternity Testing Corporation of Columbia - forensic investigations, DNA profiling
and parental identification

- P/Strada, LLC, of Kansas City - a
consultant in bio-terrorism and homeland security

- Technology and Networking of Cape Girardeau - computer technology and telecommunications sales and services

- The Vacation Channel of
Branson - independent TV station providing tourism info

- Westinn Kennels of St. Charles
- canine boarding and training facility
- Wren Associates, Ltd. of Jefferson
City - provider of retail fraud detection systems

Starred clients were a part of the 2008 Client Showcase [more]
Starred clients were a part of the 2006 Client Showcase [more]
Starred clients were a part of the 2005 Client Showcase [more]
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Accommodation & Food Services
Retail Trade
Educational Services
Health & Social Services
Construction
Agriculture
- Oswald Ag of Tarkio - custom agricultural spraying service
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