[Congressional Record Volume 158, Number 50 (Tuesday, March 27, 2012)]
[Extensions of Remarks]
[Pages E450-E451]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  RECOGNIZING PETER R. SGRO ON RECEIVING THE 2012 U.S. SMALL BUSINESS 
        ADMINISTRATION'S ENTREPRENEURIAL SUCCESS AWARD FOR GUAM

                                 ______
                                 

                       HON. MADELEINE Z. BORDALLO

                                of guam

                    in the house of representatives

                        Tuesday, March 27, 2012

  Ms. BORDALLO. Mr. Speaker, I rise today to commend and congratulate 
Mr. Peter R. Sgro on being awarded the 2012 U.S. Small Business 
Administration's Entrepreneurial Success Award for Guam. Mr. Sgro is 
the President and Chairman of the Board of International Group, Inc., 
the President and Chairman of the Board of Pacific Rim Brokers, Inc., 
and the Principal Broker of International Realty.
  As the President and Chairman of the Board of International Group, 
Inc., a consulting firm that provides business development services for 
clients in the financial services, real estate, energy, and information 
technology industries, Mr. Sgro has built important relationships 
between Guam businesses and organizations throughout the United States 
and the Philippines. Under his leadership, International Group has 
assisted clients in securing more than $20 million in business 
development loans.
  Mr. Sgro also serves as the President and Chairman of the Board for 
Pacific Rim Brokers, Inc., a wholesale food distribution company that 
provides more than 200 product lines to local businesses on Guam. Since 
his election to this position in January of 2011, Pacific Rim Brokers 
has increased sales by 12 percent and hired 35 percent more employees, 
despite difficult economic environments.
  In 2006, Peter Sgro established the Guam Hospital Development Forum, 
which was comprised of cross-section of local experts and stakeholders, 
to develop a business plan to construct a privately owned and managed 
hospital on Guam. One year later, in 2007, Mr. Sgro and his wife Kathy, 
founded the Guam Healthcare and Development Foundation to implement 
this business plan. As the Foundation's President and Chairman, Mr. 
Sgro has secured full funding from national and international 
investors, and a ground breaking ceremony on this private hospital was 
held in February of 2012. This new, state of the art facility will 
provide more than 300 hospital beds for local patients and is expected 
to open in 2014.
  Mr. Sgro is also an active member in our community. He has served on 
the University of Guam Board of Regents, the Guam Chamber of Commerce 
Board of Directors, and the Guam Visitors Bureau Board of Directors. 
During his tenure as the Chairman of the Guam Chamber of Commerce Board 
of Directors, Mr. Sgro established the Guam Business Hall of Fame to 
recognize local business leaders who have made outstanding 
contributions to their profession and to Guam's community. This 
recognition ceremony continues to be an annual tradition of the Chamber 
of Commerce.
  Mr. Sgro is married to Katherine Calvo Sgro and they have four 
children: Christopher, Matthew, Katarina, and Maria. He is a 1981 
graduate of the University of Portland, where he received a Bachelor of 
Business Administration degree in management and marketing. In

[[Page E451]]

1984, Mr. Sgro received his Juris Doctorate degree from the University 
of Notre Dame. He is also a licensed real estate broker on Guam.
  I congratulate Peter R. Sgro, Jr. on receiving the 2012 U.S. Small 
Business Administration's Entrepreneurial Success Award for Guam. I 
join the people of Guam in commending him for his award and thanking 
him for his contributions to our community.

                          ____________________