Zachary Green wants his young company to reach its full potential, even if that means letting it go.
“I’m not looking to exit from a financial standpoint,” he said. “I’m looking at it so we can reach more people.”
Green is the founder of MN8 LumAware, which makes glow-in-the-dark fire safety products allowing firefighters to see exit signs — and each other — when the power goes out in smoky, burning buildings. Founded in 2010, the company has grown to 15 employees and several million in annual sales. The U.S. Department of Commerce is honoring MN8 LumAware today with the President’s “E” Award for Export Services, which recognizes United States companies that grow exports for five consecutive years.
MN8 LumAware now ships its products to 25 different countries, including China, the Ukraine, Jordan and Israel.
But Green thinks he can do more. He’s hired a new CEO and is exploring a sale of the company to help him expand.