SPRINGFIELD, Mo. — Springfield is an incubator for the entrepreneurial spirit.
A number of businesses that serve the international market began right here in the Ozarks.
One of those is SRC, which grew from one business to now more than two dozen, operating here in Springfield.
In this understated Springfield factory building, Missourians are creating products to be sent across the world.
“Here you can basically see we have the pre-assembly of the engine, the sensors, the wire harnesses,” Product Development Manager William Stone said.
These engines power oil rigs in places like North Dakota.
“Essentially you’re establishing a small remote power plant here,” Stone said.
But these generators are a new breed.
They run off natural gas, which is a by-product of oil drilling.
They eliminate the need for burning diesel fuel at oil sites.
“So essentially the oil company has an endless supply of gas available to them on site,” Stone said, “This is actually a much cleaner way to dispose of the fuel and a much more economical way as well.”
And while the SRC manager is proud of the engines, he and his boss Jack Stack are most proud of how the idea came about.
“It’s a huge team initiative, it’s not just the R&D staff, but the folks out here on the line as well,” Stone said.
“This is a dynamic organization, this probably represents who we are,” SRC Holdings Co. CEO Jack Stack said.
Stack cultivates a culture of leadership in every level of his company.
“It’s a lesson I learned when I came here in the 80s, I couldn’t believe how entrepreneurial this whole area is,” Stack said.
Power Systems began as simple engine manufacturing and has grown dramatically.
“Basically we spun this out in 1987 and it was a simple oil cooler that one of the associates had an idea that they could create a business,” Stack said.
The latest generation of power systems are these natural gas engines, in high demand across the globe.
“It’s been a big boom for this particular factory and it’s been a big boom for the associates here,” Stack said.
So, what do they do there, at SRC Power Systems?
Build engines and generators, first and foremost, but also create a place for entrepreneurs to thrive in Springfield.
Those engines aren’t just used on oil rigs.
They can also be power generators for buildings.
And they are even being sent to remote places across the world to be used to power wells or provide energy where there isn’t power available.