St. Paul, MN (PRWEB) September 2, 2007
Ergotron, the global leader in computer and video display mounting equipment, is pleased to announce it has been selected to Inc.'s inaugural list of the 5,000 fastest-growing private companies in America. The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.
Over the past 3 years, Ergotron has experienced record growth--recognized by the business community through awards such as the Global Technology Distribution Council's Rising Star Award (2006) and Minneapolis/St. Paul Business Journal's Fast 50 Award (2005 and 2006) While growing at such a rapid pace, Ergotron has managed to also see its profitability rise to record levels.
In the Inc 5,000 list, Ergotron placed in the top 44%. Joel Hazzard president and CEO of Ergotron, commented, "That's good, but more importantly, of those participating companies with revenue over $100 Million, Ergotron ranked number 257, and that very substantial growth is fostered by employees who show tremendous passion for the computing wellness, workplace productivity and efficiency enhancing products we deliver to the market."
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media."
Ergotron has been manufacturing an array of ergonomic mounting devices for LCD screens, monitors, TVs and notebook computers for over 25 years. Ergotron's portfolio of digital display mounting solutions includes wall and desk mount arms, desk stands, carts, floor stands, pivots and vertical lifts. With a human centered design, each Ergotron product adapts technology to the physical needs of each individual. This creates an environment that promotes wellness while improving productivity and efficiency--both professionally and at home. Each product is engineered to enhance the viewing experience and reduce stress in today's computing and entertainment environments.
Headquartered in St. Paul, Minnesota, Ergotron has a global presence with offices located in Amersfoot, the Netherlands and Singapore as well as a manufacturing facility in Dongguan, China. It is represented by its global network of distribution partners, including Tech Data, Ingram Micro and Synnex.
The 2007 Inc. 5,000, as revealed online at http://www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5,000, can be found at http://www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest region with 1,046 of the fastest-growing companies, followed by the West with 884 companies. The Southeast comes in a close third, with 872 companies, followed by the Northeast with 782 companies, and the Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.
Industries reporting the highest total revenue in 2006 are Construction ($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion), and Financial Services ($11.8 billion).
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies - as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
Founded in 1982 by VESA FDMI standard author and visionary Harry Sweere, Ergotron's products have been improving the human interface with digital displays for over 25 years. Our history of innovation and passion for differentiation is evidenced in over 35 patents and our growing portfolio of beautifully designed mounting products for computer monitors, notebooks, and large flat panel displays and T.V.s that are as easy to use as they are to mount.
Constant Force lift and pivot motion technology in wall and desk mount arms, stands, mobile carts, pivots and vertical lifts require less effort to achieve more motion, improving the user's experience when viewing any digital display for work or entertainment. Ergotron is a global company, with sales efforts headquartered in Saint Paul, Minnesota, Amersfoort, the Netherlands, and Singapore. For more information on Ergotron or our products, please visit Ergotron.com or call Ergotron sales at 800.888.8458.
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