Obama recognizes Red Lake small business owner
Wednesday, May 20, 2009
Filed Under:
Business
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Red Lake
At a White House ceremony on Tuesday,
President Barack Obama recognized Andy Wells, a member of the
Red Lake Nation who was named Minnesota’s Small Business Person of the Year by the
Small Business Administration.
Wells started
Wells Technology in 1989 with $1,300, Obama said. Last year, the company generated $54 million in revenues.
"You’re the job creators, responsible for half of all private sector jobs. You’re innovators, producing 13 times more patents per employee than large companies. You’re the starting point for the products and brands that have redefined the market," Obama told Wells and other award winners.
Obama praised Wells for "creating jobs near reservations" in northern Minnesota.
White House Transcript:
REMARKS BY THE PRESIDENT AT CEREMONY HONORING NATIONAL SMALL BUSINESS AWARD WINNERS
(May 19, 2009)
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