The evolution of S&K Technologies continues
Started in 1997, S&K Technologies (SKT) was originally a division of S&K Electronics (which is still active and doing well) and later spun into a company in 1999. The focus was to utilize the SBA 8(a) program to provide a diverse revenue stream for the benefit of the Confederated Salish and Kootenai Tribes. The next 24 years have been spent growing that company, having the original company graduate from the 8(a) program and in 2006 reorganize into a holding company that oversees multiple LLCs.
SKT’s family of LLCs has changed almost as much as SKT itself. The original SKT LLC merged with S&K Engineering and Research. We purchased the assets of International Towers Inc., and those assets populated S&K Security Group, LLC and the newly formed International Towers, LLC. Most recently, SKT sold its shares of Adelos, Inc. In addition, we currently have four 8(a) companies under the holding company umbrella. Each change strengthened SKT, sharpening our focus, and I believe the sale of Adelos will be beneficial for both SKT and Adelos.
While the 2021 version of SKT will not look much like the original in terms of number of companies, employees, or offices, we continue to focus on the diverse revenue steam for the benefit of the Tribes.
CEO, S&K Technologies, Inc.
Cover photos shows a central meeting room at the S&K Technologies, Inc. headquarters in St. Ignatius, Montana.