Emerald CEO a Finalist for Entrepreneur of the Year

Posted December 12, 2014 at 1:57 pm

CEO Tom Gildred, Emerald Textiles, recently was named as a finalist for the 2014 Ernst & Young Entrepreneur of the Year Award. The award recognizes entrepreneurial excellence and extraordinary success through regional, national and global awards programs in more than 140 cities in 50 countries. Out of 150 regional award winners across the nation, Gildred was selected as one of three finalists in the Emerging category, by an independent panel of judges.

Under his leadership,the company has been successful in expanding its business and reducing its energy footprint. In less than four years of operations, according to an online news report, Emerald has captured significant market share throughout Southern California. In fact, the company currently provides service to over 90% of the hospital beds in San Diego, has expanded into Los Angeles with a 2nd facility and added several major health networks as customers.

Emerald built a facility that has won awards from the California Public Utilities Commission (CPUC) and SDG&E for their extreme energy savings. Within the first year, Emerald’s facility saved over 40 million gallons of water and 750,000 therms of natural gas annually. Through innovations and investment in new equipment, the company has added savings of almost 70 million gallons of water annually.

“I am delighted to be named a finalist in the 2014 Ernst & Young National Entrepreneur of the Year awards,” Gildred said. “It’s an honor to join this group of highly regarded CEOs across the nation, who are impacting our global economy. I would like to congratulate Dr. David Hung of Medivation, the national award winner and say ‘thank you’ to all the entrepreneurs for what they are doing to make a difference.”

In 2012, Gildred won Entrepreneur Of The Year at the regional level and went on to become one of the national finalists that year. Click here for details.