Entrepreneurship Hall of Fame
March 27, 2008
In a celebration of Chattanooga’s rich entrepreneurial spirit, UTC’s College of Business inducted three new members to the UTC Entrepreneurship Hall of Fame: Joe Engel, George Pettway, and Anthony (Tony) Vest.
Joe Engel was an American left-handed pitcher and scout in major league baseball and went on to become a promoter and team owner in the minor leagues. George Pettway founded a catalog company, which grew from 10 employees to 750 in one year, and was subsequently sold to a foreign buyer in 1988 for a 20-fold gain in the equity invested. Pettway founded River Associates LLC, a firm designed to buyout small to medium size companies by using monies from investors. The company has bought and sold more than 30 companies. Anthony (Tony) Vest formed Onsite Engineering. Onsite was Vest’s first Inc 500 company and had grown to over 200 employees and more than $50 million in annual revenues prior to its sale in 1996. In 2001, Vest was asked to take over as Managing Partner of Teton Springs Golf and Casting, LLC, a large second home resort development in Teton Valley, Idaho.
photos by Barry Aslinger