In less than five years, Syndy Evans Thrash has taken a $40 million company and turned it into a $70 million company with projections of reaching $100 million in the next five years.
Evans Enterprises is in her blood – quite literally. While she has been CEO of Evans Enterprises for only about four years, she has been with the company all her life. Her father, Charles M. Evans, started the company in 1954, and Thrash grew up hearing about the business.
“I remember nights my father had worked all day and then came home and did the billing at the kitchen table after cleaning dishes,” Thrash said. “My parents were proud of what they had accomplished and always gave the credit to their third partner – the Lord.”
Working at Evans since she was 16, Thrash has seen the struggles of a business. While her parents instilled work ethic and passion for the business in her, Thrash works to get the best of out of employees through proper training and a safe environment.
The past four years brought explosive growth to the company, not only in revenue, but also in the increase in employees, major equipment purchases and building expansions. Four of the main locations in Texas, Oklahoma and Arkansas have become ISO-certified, which is nearly unheard of in the industry.
Diversification has also played a role in Thrash’s management style. Evans not only sells and services electric motors, but also strives to excel in controls, drives, switchgear repair, compressors, dynamic balancing, crane and hoist servicing and pump and gearbox repair. Evans added a fleet of technicians that is solely devoted to the wind industry with sales and up-tower maintenance.
The current goal of the company is to increase revenue from $75 million to more than $125 million in the next five years.
As a leader, Thrash treats employees like family. She attracts men and women who want to make a difference.
“If we struggle, she encourages us. If we fall, she picks us up. If we make a mistake, she is our counselor, helping us get past it and move forward,” said Daniel Stewart, Region III vice president. “Isn’t that what a great CEO is – someone who inspires their people not to settle and to be better than they might otherwise have been?”