UNION – A national awards magazine has honored the founder of Union-based Intren LLC in its EY Entrepreneur of the Year contest.
Loretta Rosenmayer, founder and chairwoman of the board for utility specialty contracting company Intren, won Entrepreneur of the Year in the competition’s energy, clean tech and natural resources category for 2017.
Rosenmayer founded Intren in 1988. She said the title of her story would be titled, “Against All Odds.”
“When I conceived my company
30 years ago, I had zilch, zero, nada,” she said. “No credit, no collateral and certainly no cash. But I was a resourceful person and managed to start that company.”
Intren has since grown from only four employees to more than 1,500 staff and $400 million in revenue, Rosenmayer said.
Judges considered overall achievements, approach to innovation and growth, sustainability, team-building ability, effort to give back and company details such as revenues, profits and employment growth.
“We could not be prouder of Loretta,” Intren CEO Kelly Tomblin said. “We are thrilled that she has been honored for her commitment to excellence, her resilience and her drive, which has made Intren what it is today – a true leader in the utility industry.”
Diversity has been one of Rosenmayer’s priorities throughout her career at Intren. In the early 1990s she certified the company with the Women’s Business Enterprise National Council. Rosenmayer also said the company has a culture of stewardship and giving back.
“The entrepreneur gives back,” she said. “In the future, we are going to change the face of business and change the world.”
Rosenmayer has inspired her colleagues in different ways over the years, said Matthew Turk, Intren’s vice president of customer solutions.
“I’ve worked with Loretta for 27 years and this is a fantastic acknowledgement that you can build a company on the foundation of stewardship,” Turk said. “She has always inspired us to do business differently, and she continues to set an example to her 1,400 employees to do the same. Our goal at Intren is to be the company of values and integrity she wants us to be.”