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Byron Center, Michigan (PRWEB) September 13, 2013
PRO-VISION Video Systems is, for the third year in-a-row, one of the top Michigan manufacturing firms to earn a place on the annual Inc. 5000 list of fastest-growing private companies in the US. "These Michigan companies have all earned their place on this list through innovation and aggressive performance," said Gov. Rick Snyder. "They exemplify the resilience and entrepreneurial spirit Michigan is known for, and we applaud them for this notable achievement." PRO-VISION also earned the title of fastest-growing video system manufacturer in the US, for the third consecutive year, with an astounding growth rate of 115 percent over the last three years. Started in 2003 by a couple in their basement, the company is now housed in a large facility just south of Grand Rapids.
PRO-VISION manufactures, engineers, supplies, and installs rugged, reliable rear vision and solid state video recording systems for school & transit bus, commercial, and law enforcement applications. These camera systems are used to increase safety and reduce liability in and around commercial vehicles. PRO-VISION thrives on their ability to provide commercial grade camera systems that are reliable, simple, and affordable. Their systems are installed on vehicles in over fifteen different countries around the globe. PRO-VISION makes over a dozen commercial-grade cameras that are a part of over 40 different systems that meet a variety of needs in various industries.
The Inc. 5000 list is an exclusive ranking that represents the most comprehensive look at the most important segment of the economy – America's independent entrepreneurs. This elite group has included such companies as Microsoft, Levi Strauss, Facebook, Under Armour, Timberland, Oracle, Zappos.com, and Publix Supermarkets, all of which are major contributors to the US economy. While "not all the companies in the Inc. 5000 list are in glamorous industries, in their fields, they are as famous as household-name companies, simply by virtue of being great at what they do," said Inc. Editor Eric Schurenberg.
In a stagnant economic environment, median growth rate of 2013 Inc. 5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
The 2013 Inc. 5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million.
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About PRO-VISION – In 2003, PRO-VISION was incorporated and only provided back-up camera systems. 2005 marked their entry into the School Bus market. Sales first topped 1 million dollars in 2006, followed by the company's first international sale in 2007. By 2009, PRO-VISION had entered the Commercial Recording System market, released 4-Camera School Bus Systems, and allowed for Live Video Viewing and Video File Transfer. By 2011, the company had expanded into law enforcement recording systems and initiated its overseas sales program. 2013 brings about the 10-year anniversary celebration of innovation and aggressive performance in the commercial video system industry, as well as expanding sales into over 15 countries around the globe including South Africa, Great Britain, Australia, Mexico, and Brazil.
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