Treasury Secretary Recognizes M. Luis’ Economic Contribution
Posted on

BALTIMORE, thumb buy cialis health MD – In celebration of National Small Business Week, cialis sale M. Luis Construction hosted Treasury Secretary Jacob J. Lew at their Rockville, Maryland asphalt manufacturing plant. Secretary Lew toured the plant with Montgomery County Executive Isiah “Ike” Leggett and highlighted the role of small business owners in jumpstarting the nation’s economy.

Secretary Lew chose M. Luis, an asphalt and construction services company, to emphasize the critical contributions of entrepreneurs and immigrants. The Luis family immigrated to the United States in 1979 and founded a road construction business with little more than a pickup truck. The business now employs over 200 people and generates $60 million in annual revenues.

“We are a nation of immigrants. We’re a nation where entrepreneurship has come from people coming to our shores, having an opportunity and building a life for themselves, their families and their communities. … Twenty-five percent of the small businesses in America are started by immigrants and 25 percent of the high technology firms. That’s what our future growth is all about,” Secretary Lew said.

M. Luis was awarded a $2.5 million Maryland Industrial Development Financing Authority (MIDFA) loan guarantee made possible by the State Small Business Credit Initiative (SSBCI). The guarantee and Eagle Bank, a local community bank, enabled the company to continue to expand operations and vertically integrate the previously construction-focused company with asphalt and aggregate manufacturing.

“We’re proud of the company’s accomplishments and honored to have Secretary Lew visit. It shows the importance of industry-government partnerships and the exponential impact that loan programs can have,” said Cidalia Luis-Akbar, M. Luis owner and president.

Since purchasing the Rockville asphalt plant in 2010, the company has been on a steady growth trajectory, now offering quality products and services through three core divisions: Asphalt & Aggregate Manufacturing, Construction Services and the newly-launched Hydrovac Excavation.

“As the economy continues to recover, we expect to continue to invest in job growth and infrastructure in our region,” said Natalia Luis, M. Luis owner and vice president.

Later this year M. Luis will be expanding again, launching a Quality Control Testing Services division. They have a proven testing track record – in 2010 they became the only company to offer a state-certified mobile asphalt testing unit in Maryland.

Congressman Chris Van Hollen, who has been a leader on small business issues in the U.S. House of Representatives, said: “M. Luis Construction’s manufacturing facility is an embodiment of the hard work and risk taking we see every day from small business owners across the country. As we celebrate National Small Business Week, I join with Secretary Lew in encouraging all Americans to consider the role that entrepreneurs, no matter where they come from, play in moving our economy forward.”

For immediate release
Press Contact: Linda McDonough 610.631.5702


Media coverage:


DOWNLOAD PDF

ARCHIVES

2017 – M. Luis COO, Natalia Luis featured on Making Money with Charles Payne READ MORE

2017 – M Luis COO, Natalia Luis, Featured on Fox & Friends READ MORE

2016 – M. Luis Attends MCCC GovConNet Procurement Conference READ MORE

2016 – M. Luis Products Opens Second Asphalt Facility READ MORE

2015 – Cidalia Luis-Akbar and Natalia Luis Receive MCCC Small Business Leader of the Year Award READ MORE

2015 – M. Luis Participates in Special Halloween “Race for Every Child” READ MORE

2015 – M. Luis Receives Award at CRMSDC’s 34th Annual Leaders and Legends Awards READ MORE

2015 – Cidalia Luis-Akbar and 11 other Business Leaders Appointed by Leggett to Run MoCo Economic Development READ MORE

2015 – Natalia Luis Recognized by BGE as a Graduate of Focus 25 Class READ MORE

2015 – Cidalia Luis-Akbar and Natalia Luis to Receive Montgomery County Chamber of Commerce Small Business Leader of the Year Award READ MORE

2015 – US Builder’s Review Features M. Luis Construction and Products READ MORE

2015 – FBI Washington Field Office Announces Director’s Community Leadership Award Presented to Cidalia Luis-Akbar READ MORE

2015 – Start a Career at M. Luis! READ MORE

2014 – Sisters use Kilimanjaro climb to raise money, spirits READ MORE

2014 – Huffington Post Feature – “Climbing Kilimanjaro for a Cause” READ MORE

2014 – 2014 Prémio Máxima Mulher de Negócios READ MORE

2014 – ” M Luis Participant in City of Baltimore’s Minority Development Week” READ MORE

2014 – M. Luis Recognized the by Baltimore Business Journal READ MORE

2014 – M. Luis Construction is named one of Maryland’s Top 100 MBEs READ MORE

2014 – M. Luis Supports “Millions of Healthy Babies” – The Mt. Kilimanjaro Climb READ MORE

2014 – M. Luis Products, LLC Receives 2014 Best of Rockville Award READ MORE

2014 – M. Luis President and Vice President take part in the Global Entrepreneur Delegation to Lisbon READ MORE

2014 – M. Luis President Nominated for award by COTEC READ MORE

2014 – Children’s National Medical Center Fetal Medicine Institute Ribbon Cutting Ceremony READ MORE

2014 – New Children’s National Fetal Medicine Institute Offers Advanced Diagnostics and Patient Care READ MORE

2014 – Bill Clinton backs Anthony Brown at Potomac fundraiser: ‘I know what is in his heart’ READ MORE

2014 – President Barack Obama Visits M. Luis READ MORE

2014 – M. Luis Leadership Invited to the White House to Celebrate Successes READ MORE

2014 – One Mountain, Two Dedicated Sisters, Millions of Healthy Babies READ MORE

2014 – Cidalia Luis-Akbar named one of Maryland’s Top 100 Women READ MORE

2014 – Eagle Bank 2013 Annual Report: There when it counts. READ MORE

2014 – LT. GOVERNOR BROWN HOLDS MBE ROUNDTABLE DISCUSSION – Women and Minority Business Owners Share Ideas to Advance the MBE and SBR Programs READ MORE

2013 – WEBNC President’s Report – December 2013 READ MORE

2013 – 17th Annual PALCUS Leadership Awards Gala READ MORE

2013 – Noticias Magazine – “Como a família Luís conquistou Obama” READ MORE

2013 – The Washington Post: State, federal and private lending efforts help small business weather a ‘perfect storm’ READ MORE

2013 – M. Luis Executives Win Ernst & Young Entrepreneur of the Year® 2013 Maryland Award for Construction and Manufacturing READ MORE

2013 – Treasury Secretary Recognizes M. Luis’ Economic Contribution READ MORE

2013 – ABC Metro Washington – Building Washington Spring 2013 READ MORE

2012 – M. Luis Construction Among 16 Companies awarded GBC’s ‘Bridging the Gap” Award for Minority Owned Businesses READ MORE

2011 – Hard Hats & High Heels READ MORE

2011 – Woman in Business Maryland: Road-Building Sisters are Paving a Bright Future READ MORE

2011 – Gazette.net: Immigrant sisters take road less traveled READ MORE

2010 – Personal Drive, Wirtgen Products Help Contractor Grow In Maryland Market READ MORE