2 minute read

Peter Provenzano - MOST LIKELY TO HELP THE WORLD

SupplyCore began in 1987 as a supplier of mechanical components to the Department of Defense. Today, with Peter Provenzano at the helm as president and CEO, the company has grown to provide logistics support and special equipment to the military, civilian agencies and allied governments around the world. And it’s one of the top 20 small business U.S. defense contractors.

Despite SupplyCore’s global reach, the company remains in Rockford’s urban core.

Originally based in the Barber-Colman Complex, SupplyCore relocated its corporate headquarters to 303 N. Main St. in downtown Rockford in 2006.

“Why not be here? You can access everywhere from here,” Provenzano said. “We decided to help work on Rockford instead of relocating to somewhere where the work was already done.”

Provenzano attributes SupplyCore’s success to its team of associates, roughly 200 people worldwide, including many veterans.

“You treat people like grown-ups. You give them the parameters, create a collaborative culture and give them a venue to perform,” he said. “We keep our vision lofty, constantly refining the end state, always with the customer in mind.”

Ever the entrepreneur, Provenzano owns two other companies – MPOWR®, a technology company that helps organizations collaborate more effectively; and Joseph James Partners, a real estate company committed to the urban renewal of Rockford.

He’s also the chairman of the Rock River Development Partnership (RRDP), a nonprofit focused on driving economic development. In 2010, RRDP cofounded the popular Rockford City Market.

“Success in business, if you were to put it into an equation, is aspiration plus capability plus luck. Our job as leaders is to align our capabilities with our aspirations,” Provenzano said.

This article is from: