Vermont Business Magazine K&E Plastics, a leader in machined plastic parts, has been certified by the US Small Business Administration as a HUBZONEbusiness. The Historically Underutilized Business Zone (HUBZONE) is a SBAprogram to encourage business investment in underserved communities.
The HUBZONE program helps small businesses in urban and rural communitiesgain preferential access to federal procurement opportunities by mandatingthat 3% of all Federal Prime Contracting dollars awarded are to be set asidefor HUBZONE certified firms.
“I would like to thank the K&E staff and the Vermont Procurement TechnicalAssistance Center for going through the HUBZONE application process”,saidEric Broderson, President of K&E Plastics. “We are hopeful the HUBZONEcertification will be beneficial for K&E Plastics as we will be able to bring
our expertise in machining of plastic parts to government customers in a more
direct and strategic way”
“We have positioned the company for growth over the last several years withthe addition of new machinery while supporting a grassroots workforcedevelopment initiative at the local level”, continued Broderson. “Theeconomy seems to be doing well so the HUBZONE certification comes at aperfecttime”.
Source:K&E Plastics