Venturetech Corp International
6901 Alabonson Road
Houston, Texas 77088
Dover Club member since 2001
office: 713.895.8700
cell: 713.702.1621
email: lkeast@venturetechnet.com
web: www.venturetechnet.com
ABOUT THE BUSINESS
Larry started Venturetech in his garage in 1980. Today his company is a leading manufacturer of power swivels and top drives, which are diesel-hydraulic machinery for drilling oil and gas wells around the world. The largest model is the XK-250, rated at 24,000 ft-lbs drilling torque and capable of supporting 250 tons of drill pipe in the hole (approx two miles of hole depth). The company has employed up to 53 people, and owns a 21,000 square foot manufacturing facility on 8 acres. Among his duties as President & CEO, Larry is also the inventor and chief engineer, with four patents so far. (See www.venturetechnet.com). In 2009, Larry has founded two more companies. Torque Rentals, Inc rents power swivels to the field (www.torquerentals.com), and Second Chance Trucking, Inc is a trucking company that gives second chances to trucks and drivers. Trucks are restored old truck cabs mounted on late model diesel truck chassis’, and drivers are ex-offenders or people in recovery who deserve a second chance.
Larry has also been giving back to the community for years, and considers this work an important part of his life. During the last 9 years, Venturetech has been hiring people in recovery from drugs & alcohol, and ex-offenders of our legal system. Today, at least a third of the employees are from these backgrounds, and they are some of the company’s best people. As a result, Larry founded America in Recovery (www.americainrecovery.org), a non-profit which provides free hiring websites, allowing small businesses nationwide to replicate Venturetech’s success.
Larry and Zandra have been married 41 years, and have 3 children and 3 grandchildren.