Lyness Construction Recognized as the Fastest Growing Aggie-led Company at the 9th Annual Aggie 100 Event

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Cleburne-based Lyness Construction receives the top honor for fastest growing Aggie-owned or Aggie-led company in the world with 261.08 percent growth rate from 2010 – 2012.

“I am humbled that Lyness Construction is recognized among this group of Aggie-led businesses. Persistence, consistency, and responsibility have paid dividends over the past 25 years.”

In 1989, Tim Lyness founded Lyness Construction with “$400 dollars and a prayer.” Today, the company is a full service general contracting and construction management firm based in Cleburne, Texas. The 9th Annual Aggie 100 Event hosted nearly 700 attendees at a luncheon held at The Zone Club at Kyle Field on Friday, October 25, where Lyness Construction was recognized for the outstanding honor.

“This award is special to us – to be recognized among our peers,” said Tim Lyness, founder and CEO. “I am humbled that Lyness Construction is recognized among this group of Aggie-led businesses. Persistence, consistency, and responsibility have paid dividends over the past 25 years.”

Since its foundation, the entire Lyness family has worked for the firm in some capacity. With a strong commitment to community, family, and faith, Lyness Construction now has more than 80 employees across five states. The company relies on one differentiating factor: empower the team to be stronger collectively than they are individually. It is through this commitment to the corporate culture that the firm has found success during difficult economic times. To be recognized as the fastest growing Aggie-led company, Lyness achieved 261.08 percent compound annual growth from 2010 – 2012.

“Our Aggie 100 honorees demonstrate that the character and traditions developed at our great university continue to play a significant role in their success across industries and generations,” said Dr. Richard Lester, Executive Director of the Mays Business School’s Center for New Ventures and Entrepreneurship. “Aggie leaders have proven time and time again that no matter the situation, solid business ideas, strong character, tenacity, and hard work pay off.”

About Lyness Construction
Lyness Construction, LP is a full service general contractor specializing in commercial and industrial construction. The company’s project delivery is focused on creating an intelligent and efficient solution during all phases of industrial and commercial construction projects. Working with architects, engineers, manufacturing owners, local governments and school boards, Lyness Construction is committed to providing reliable, quality construction services, every time.
To learn more about Lyness Construction please visit, http://www.lynessconstruction.com/.

About the Aggie 100
The Aggie 100, the first of its kind at the college level, was created by the Center for New Ventures and Entrepreneurship in Texas A&M University’s Mays Business School, whose mission is to provide encouragement, education, networking and assistance to entrepreneurially-minded students, faculty and Texas businesses. The Aggie 100 is a unique way for Texas A&M University to demonstrate its pride in the accomplishments of its former students while enriching the educational experience for today’s students.

While there are many ways to define business success, the Aggie 100 focuses on growth as an indicator of job creation, product acceptance, and entrepreneurial vision. The Aggie 100 identifies, recognizes, and celebrates the 100 fastest growing Aggie-owned or Aggie-led businesses in the world.

To qualify, companies were required to meet the following criteria:

  • In business for 5 years or more as of June 30, 2013,
  • Verifiable revenues of $250,000 or more for calendar year 2010, and
  • Operations consistent with the Aggie Code of Honor.

Additionally, the company must meet one of the following leadership criteria:

  • A Texas A&M University former student or group of former students must have owned 50% or more of the company from January 1, 2010 through December 31, 2012,
  • A Texas A&M University former student must have served as the company’s chief executive (for example chairman, CEO, president or managing partner) from January 1, 2010 through December 31, 2012, or
  • A Texas A&M University former student must have founded the company and been active as a member of its most senior management team from January 1, 2010 through December 31, 2012.

About The Center for New Ventures and Entrepreneurship
The Texas A&M Center for New Ventures and Entrepreneurship provides encouragement, education, networking, and assistance to entrepreneurially-minded students, faculty, and Texas businesses. Founded in 1999, the Center is part of Mays Business School's Department of Management. The Center enhances student education through campus speakers, competitions, work experiences, and financial support. The Texas A&M faculty and Office of Technology Commercialization also benefit from the Center's educational programs, extensive business community network, and the entrepreneurial services.

The Center reaches the state's business community through educational programs, business assistance, and access to University resources. The Center receives financial support from corporations, individuals, and sponsors who believe in the value of entrepreneurial education and the value of Texas businesses working with a world-class university.

The entire 2013 Aggie 100 list in its entirety can be viewed at http://www.aggie100.com.

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