Fifty companies from 17 Indiana counties have earned a place in Indiana's second annual field of "Companies to Watch."
The accolade, presented by the Indiana Economic Development Corporation, its Small Business Development Center network, Purdue University and the Edward Lowe Foundation, recognizes the state's privately held businesses that employ up to 150 employees and have between $750,000 to $100 million in annual revenue or working capital.
"Mid-sized companies like these named Companies to Watch make up the foundation of the Indiana economy," said Mitch Roob, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. "Congratulations to this year's field and the hundreds of other nominees who have had such a tremendous impact as they grow and continue to create new jobs for Hoosiers."
The 50 "Companies to Watch," which were named after evaluating the more than 500 nominations for the awards, represent industries ranging from food manufacturers to software developers and medical device makers to financial services firms.
The 50 chosen companies project to have combined revenues in excess of $671 million and create more than 560 new jobs this year. The revenue projections represent an increase of more than $200 million from 2008.
Nearly 3,800 mid-sized companies with between $5 million and $100 million in annual sales operate in Indiana, according to a 2008 Indiana Chamber of Commerce Foundation study. Those companies employed more than 386,000 workers and produced more than $55 billion in annual sales.
With major sponsorship from Barnes & Thornburg LLP, the "Companies to Watch" awards program is an initiative developed by the Cassopolis, Mich.-based Edward Lowe Foundation. The foundation hosts similar programs in Michigan, Arizona, Mississippi and Colorado. Indiana Companies to Watch is also sponsored in part by KeyBank, Premier Capital Corporation and Katz, Sapper & Miller.
The Complete List of Companies to Watch:
COMPANY LOCATION PRIMARY BUSINESS
A Packaging Systems LLC
La Porte
Manufacturing
The AME Group
Vincennes
IT Consulting and Maintenance
Aerodyn Engineering, Inc.
Indianapolis
Aerospace and Defense
Albanese Confectionery Group, Inc.
Merrillville
Manufacturing
Alexin LLC
Bluffton
Manufacturing
Aptera Software Inc.
Fort Wayne
Computer Software and Systems
Blood Hound Underground
Brownsburg
Utility Locating / Leak Detection
Bluefish Wireless Management Inc.
Indianapolis
Telecommunications
BlueLock, LLC
Indianapolis
Internet
MediaSauce
Carmel
Internet
Bright Automotive, Inc.
Anderson
Automotive Manufacturing
Kids Kloset
Greenwood
Retail Trade
Eagle Adjusting Services, Inc.
Noblesville
Financial Services/Insurance
EHOB, Inc.
Indianapolis
Manufacturing
eImagine Technology Group, Inc.
Indianapolis
Computer Software and Systems
Electronic Commerce Inc. (ECI)
Elkhart
Computer Software and Systems
En'Urga Inc.
West Lafayette
Scientific Research and Development
ENTAP, Inc.
Indianapolis
Computer Software and Systems
enVista
Carmel
Management Consulting
Health Systems International LLC
Indianapolis
Health and Medical Services
I Power Energy Systems LLC
Anderson
Energy Generation Systems
iasta
Carmel
eSourcing software & services
iGoDigital
Fishers
Computer Software and Systems
Kylin Therapeutics, Inc.
West Lafayette
Scientific Research and Development
Livemercial
Valparaiso
Online marketing and sales
Livin' Lite Recreational Vehicles Inc.
Wakarusa
Manufacturing
My Health Care Manager, LLC
Indianapolis
Health and Medical Services
NESCO, LLC
Bluffton
Utilities/Energy
New Carbon Company, Inc.
South Bend
Wholesale Trade
Nyhart
Indianapolis
Financial Services/Insurance
Omnitech Systems, Inc.
Valparaiso
Manufacturing
Option Six, Inc.
Bloomington
Management Consulting
Orbis Education
Indianapolis
Educational Services
OrthoPediatrics
Warsaw
Medical Device
Passageways, LLC
West Lafayette
Computer Software and Systems
PayGOV.US
Indianapolis
Financial Services/Insurance
Perpetual Technologies, Inc.
Indianapolis
Computer Software and Systems
Quality Hardwood Sales Inc.
Nappanee
Manufacturing
Radian Research, Inc.
Lafayette
Research, Development and Manufacture
Safis Solutions, LLC
Indianapolis
Scientific Research and Development
Strategic Healthcare Group, LLC
Indianapolis
Healthcare Consulting/Medical Informatics
SynCare LLC
Indianapolis
Disease and Case Management
Techshot, Inc.
Greenville
Technology Development
The RND Group, Inc.
Indianapolis
Computer Software and Systems
TruPay Corporation
Mishawaka
Financial Services/Insurance
Unified Group Services Inc.
Anderson
Financial Services/Insurance
Vontoo
Indianapolis
Telecommunications
VOT Arthroscopic Solutions LLC
Warsaw
Medical Devices
WebLink International, Inc.
Indianapolis
Computer Software and Systems
Wellfount Pharmacy
Indianapolis
Health and Medical Services
The 50 "Companies to Watch" will be honored at an Aug. 27 ceremony at the Indiana Roof Ballroom in Indianapolis. Tickets for the ceremony and dinner are still available and may be purchased online at http://www.indianactw.eventbrite.com or by calling 888.472.3244.
Fifty companies from 17 Indiana counties have earned a place in Indiana's second annual field of "Companies to Watch."