Texas A&M University recognized PC Drilling & Service, LLC of Midland, Texas as a member of the 2016 Aggie 100, which honors the fastest-growing companies in the world, owned or operated by Texas A&M University Former Students. PC Drilling & Service, LLC was ranked 17th with a compound annual growth rate of 81 percent from 2013 through 2015.
The Aggie 100, a program created by the Center for New Ventures and Entrepreneurship in Texas A&M University’s Mays Business School, honors graduates from across disciplines for their entrepreneurial endeavors and success as business leaders.
In the words of President and Owner, Rae Powell, it is important to remember that things are “never as bad as it seems.” Powell learned patience while building PC Drilling & Service, LLC. After graduating with a degree in agricultural economics with an emphasis in natural resources, Powell founded the company as a full-service drilling provider with specialties in water, as well as oil and gas.
“I learned patience while building a company,” said Powell. “Stay focused and approach growth for the long run.”
The 100 Aggie-owned or Aggie-led businesses with the highest annual revenue growth were recognized on Friday, November 11, 2016, at an evening gala in the Hall of Champions at Texas A&M University’s football stadium, Kyle Field. The honorees were joined by employees, faculty, administrators, current students and fellow entrepreneurs to celebrate their success.
“The 12th Annual Aggie 100 is a very impressive representation of Aggie excellence. The companies reflect 1,352 years of experience bringing the best to their respective industries and keeping the Aggie entrepreneurial standards alive and well,” said Richard H. Lester, executive director of the Mays Business School’s Center for New Ventures and Entrepreneurship. “We’re so proud of these top 100 performing Aggie entrepreneurs, and we celebrate the success of all Aggie companies that live by the Aggie Code of Honor: Aggies do not lie, cheat or steal or tolerate those who do. We need more of that in today’s business world.”
The Aggie 100 list in its entirety may be viewed here.