Bob Corker - Business Career

Business Career

In an interview with Esquire, Corker said that he started working when he was 13, collecting trash and bagging ice. Later he worked at Western Auto and as a construction laborer. After graduation from the University of Tennessee, he then worked for four years as a construction superintendent. During this time he saved up $8,000, which he used to start a construction company, Bencor, in 1978. The company's first large contract was with Krystal restaurants, building drive-through windows. The construction company became successful, growing at 80 percent per year, according to Corker, and by the mid-1980s carried out projects in 18 states. He sold the company in 1990. In 1999, Corker acquired two of the largest real estate companies in Chattanooga: Osborne Building Corporation and Stone Fort Land Company. In 2006 he sold the properties and assets that had formed these companies to Chattanooga businessman Henry Luken.

In recognition of his business success, the University of Tennessee at Chattanooga named him to their “Entrepreneurial Hall of Fame.” Corker has said that he believes his business background has been valuable in his political career and that experience "gives unique insights and allows to weigh in, in valuable ways". As of 2008, Corker's assets were estimated at $19.19 million.

Read more about this topic:  Bob Corker

Other articles related to "business career, business":

Saul Steinberg (business) - Background - Business Career
... Reliance had been in business 150 years, having been established in 1817 to provide fire insurance ...
Suzan Del Bene - Business Career
... DelBene worked at Microsoft from 1989 to 1998 where she was director of marketing and business development for the Interactive Media Group, marketing and sales training for Microsoft's Internet properties ... to be Corporate Vice President of the Mobile Communications Business, until 2007 ...

Famous quotes containing the words career and/or business:

    Each of the professions means a prejudice. The necessity for a career forces every one to take sides. We live in the age of the overworked, and the under-educated; the age in which people are so industrious that they become absolutely stupid.
    Oscar Wilde (1854–1900)

    Really to succeed, we must give; of our souls to the soulless, of our love to the lonely, of our intelligence to the dull. Business is quite as much a process of giving as it is of getting.
    Alice Foote MacDougall (1867–1945)