DDC visits Washington Office after touring three customer sites across the country

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Contact: Jared King
Communications Director
202-682-7390

DDC visits Washington Office after touring three customer sites across the country

WASHINGTON—On October 25, the Diné Development Corporation (DDC) board of directors and shareholder representatives visited the Navajo Nation Washington Office after visiting their employees at three of their sites across the country including Dayton, Ohio, Chambersburg, Pennsylvania and Fort Meade outside of Baltimore, Maryland.

“DDC’s mission is to provide sustainable profits and jobs for our shareholders, the Navajo people. We have to show proof, and that proof is in our dividends and the Navajos in leadership positions at our companies. Over the past one and a half years, DDC has returned a dividend of $850,000 to the Navajo Nation. We are proud of the direction of the organization and will continue to return dividends to the Nation,” DDC chief executive officer Austin Tsosie said.

Delegates Walter Phelps who represents Cameron, Coalmine Canyon, Leupp, Tolani Lake, and Tsidi To ii communities and Norman Begay who serves Alamo, Ramah, and Tohajiilee communities were among the shareholder representatives on the tour. DDC board of directors chair Ron Wood, and board of directors Bobby White, Lewis Campbell, Frederick White, and Stanison Yazzie were among the DDC leadership on the tour.

“The purpose of the trip is to provide our board leadership with firsthand experience as to what we do at each of our sites. It is not traditional small business work. We work with the federal government.” Tsosie said.

“We are taking our board of directors and shareholder representatives to DDC’s different sites for a tour to touch and feel what we do. This trip helps to solidify their knowledge, so DDC makes the best business decisions and drives dividends to the Navajo Nation,” Tsosie said.

DDC is owned by the Navajo Nation government and was established to facilitate the Nation’s opportunities to conduct business through the creation of subsidiary corporations, joint ventures, and partnerships. DDC was formed in 2004 to help create new jobs, revenues and profits primarily through the participation in the U.S. Small Business Administration 8(a) Business Development program. The 8(a) Program was created to help small disadvantaged businesses compete in the American economy and access the federal procurement market. DDC’s business portfolio includes six companies: NOVA Corp., BRIC, DDC-ITS, Diné Source, DDC 4C, and North Stone, LLC.

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