Techstreet sorts through info while creating profits

Every business tries to find its niche but Techstreet has found a niche inside a niche. And it’s a profitable, job creating one at that.

The Ann Arbor-based business got its start when Gregg Hammerman, a University of Michigan student, landed an internship in the mid 1990s that required him to investigate lots and lots of engineering information. The drudgery of that task led to the inevitable thought: there must be a better way to do this. 

And thus Techstreet was born in 1996.

Today, the company uses a software system to aggregate and sort engineering codes and standards –that’s the reams and reams of information that typically sit on library shelves collecting dust.

It’s basically the kind of grunt work that no one really wants to slog through. Techstreet’s software does it efficiently and cost effectively. So much so that the company has experienced 30 percent revenue growth annually since its inception.

Techstreet now has 16 employees, all but one of which is in Ann Arbor. It hasn’t added anyone new in recent years but is hoping to create a new position or two to help cope with recent growth.

Source: Techstreet
Writer: Jon Zemke