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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowBlood Hound
Address: 750 Patricks Place, Suite B, Brownsburg
Phone:
(888) 858-9830
E-mail: mmason@bloodhoundunderground.com
Web
site: www.bhug.com
Founded: 1999
Founder: Mark and Robert
Mason
Owner: Mark Mason
Service/product: subservice
utility consultation
Employees: 30
Revenue (past 12 months):
$3.42 million
Date of first profile: May 2005
More than 10 years
after he helped found Blood Hound Inc., Mark Mason still sees his company as the little project he started
to keep himself busy.
But in a year where his business may earn a record profit and was one
of the 50 recipients of the “Indiana Companies to Watch” Award, even Mason recognizes that he is now
running a far larger operation.
“Sometimes, I feel like I’m on the outside looking in,” Mason
said. “And this is all a dream.”
Since 2005, the underground-utility-locating service has quadrupled
its revenue—to a projected $3.7 million this year—and tripled its staff—to 30. Blood Hound, headquartered
in Brownsburg, also added an office in Cincinnati in 2006 and expanded its territory by taking projects outside the Midwest.
Most recently, the company has taken jobs in Tennessee, Florida, Louisiana and New York. Mason said the company
will also add offices next year. Chicago is likely to be the next location.
It’s a big undertaking for Mason,
who founded the business in 1999 with his father, Robert Mason, who retired in 2007.
“I will not grow if
it sacrifices quality,” Mason said. “That’s what I’ve learned in the past. If you try to grow too
fast, before you know it your quality slips and you end up kicking yourself for it.”
So Blood Hound, which
uses ground-penetrating radar services to find underground utilities, is trying to expand efficiently.
The company
installed global-positioning system units in its trucks so dispatchers could assign the closest employee in the field to a
job.
“We’ve found in the past that we’ve sent two guys passing each other to get to work,”
Mason said. “By the scheduling department being able to pull up the real-time location of employees, we can get a technician
out to a job quicker.”
In order to get the job done faster and more efficiently, Mason has yielded some of
his responsibilities to his growing staff. In the past two years, he has hired a vice president of finance and two vice presidents
of operations.
“I realized I was holding all the hats,” Mason said. “I realized I needed to
let go of some responsibility and bring some talent in to the company to help me manage certain things.”__________
Every
month, IBJ is catching up with a small business that we profiled in the past. Fax suggestions to IBJ
Small Business Update, 263-5406, or e-mail tparent@ibj.com.
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