Texas Women Ventures Fund — Investing millions in women-led companies
Home|About TWVF|Portfolio Companies|How to Get Financing|News|Resources|Contact Us
Portfolio Companies

Karlee

Manufacturer

Location: Garland, Texas

Founder: JoAnn Brumit

Year Founded: 1974. Brumit acquired majority ownership in 1982.

Business Description: Karlee is a privately owned company headquartered in Garland, Texas. The Company is a manufacturer and integrator providing integrated enclosures, sheet metal fabrication, precision machining, cabling, electromechanical assembly and process coating to a customer base of primarily Fortune 500 companies in the medical, semi-conductor, telecommunications, commercial, nuclear and defense industries. Karlee was founded in 1974 with a small capital investment. Jo Ann Brumit assumed majority ownership of Karlee in 1985 and along with Lee Brumit, turned Karlee into an industry leader based on principles of "best in class" quality and evidenced by winning the Malcolm Baldrige National Quality Award in 2000. Today, Karlee has a manufacturing plants in Garland, Texas and McAllen, Texas and is recognized as a world-class manufacturer, providing a full range of services to its customers.

Employees: 335

Revenue: $43 million (projected FY 2009)

Investment: TWVF invested in Karlee in June 2006. TWVF was the lead investor in a $2.3 million sub-debt round. CapSource and CapSource 2000 Funds also invested in this round.

Website: http://www.karlee.com

Awards:

  • 2008 Ranked Top 25 Woman Owned Business by Dallas Business Journal
  • 2008 AS9100 Certified
  • 2007 Featured as a Top Diversity Supplier at NXTcomm National Conference
  • 2006 Ranked Top 10 among Largest Woman-Owned Business in DFW
  • 2005 Top Woman Owned Business Award by Women's Enterprise
  • 2005 Ranked 17th among the Top 100 Small Businesses in Texas
  • 2004 Ranked Top 10 among Largest Woman-Owned Business in DFW
  • 2000 Malcom Baldrige National Quality Award
  • 2000 TL 9000 Registered
  • 2000 Texas Business of the Year (Large Div.)
  • 1999 Texas Quality Award
  • 1995 Well Managed Business Award by Baylor University

Karlee