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Deep Marine Technology Inc.

Subsea services for the offshore oil & gas industries

Paul N. McKim
Company Details
Location: Houston, TX
Founders: Paul N. McKim, 54
Year Started: January 2002
Initial Investment: $5M

Turned a Profit: 2005
First Million: 2004

2002 Sales: $691K
2006 Sales: $54.3M

Number of Employees:
Day 1: 8
2006: 300
2007: 340*

* Projected by 2008
Company Background
Founder and CEO Paul McKim established Deep Marine Technology in 2002 with two Directly Operated Vehicles (DOVs) and 25 years of subsea industry experience. Six years later, Deep Marine Technology, Inc is poised to achieve the status of becoming a $100 million company and is a full service, subsea construction company encompassing a deepwater group, commercial diving group, and subsea intervention group. McKim has learned that passion and understanding the business and niche market are the factors that have contributed to his startup success.
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