30 years for Mike's Specialty Welding
The crew at Mike's Specialty Welding during their 30th anniversary celebration. Pictured from the left is
Alex Shuck, Marcus Matile, Wayne Barrett, Matt Jurkovich, Cody Hayman, Brieanne Hayman, Stetson Spooner, Nathan Cutler, Cameron Flood, Izayah Jaramillo, Marcy Hayman, Neena Shuck, Mike Hayman, and Dylan Hileman.
JOSH McDONALD
WALLACE –– Mike’s Specialty Welding has defied the odds.
Last month, the locally owned and operated industrial fabrication business celebrated its 30th anniversary with a community barbecue. Memories and laughs were shared over burgers and beers, but the anniversary also signaled an unofficial changing of the guard for the company.
According to data from the Small Business Administration (SBA), just 67% of businesses started between 1994 and 2020 made it to their two-year anniversaries. That number continues to shrink as the years go on, but the final tracked metric is that only 25% of those businesses make it to 15 years.
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