Richmond, Virginia (PRWEB) May 07, 2014
The Virginia Chamber announced the names of fifty of the fastest growing Virginia companies at the nineteenth annual Virginia's FANTASTIC 50 Awards Banquet on May 1st at the Westfields Marriott in Chantilly.
SteelMaster Buildings placed 43rd among winners. The company is one of only a handful in the Hampton Roads area to win and one of just three Retail/Wholesale category winners.
Nearly 500 attendees at the ceremony saluted the winners for their entrepreneurial success and contribution to Virginia's economy.
“To be successful in the global economy, Virginia must support and encourage our entrepreneurs and the innovation they bring to our economy,” said Virginia Chamber President and CEO Barry DuVal. “Our goal is to ensure the Commonwealth is the top place in the world in which to start and grow a business.”
A highlight of the awards banquet was the announcement of the five Virginia Vanguard Winners—one for the highest overall growth, and the other four for highest growth in the categories of Retail/Wholesale, Service, Technology and Manufacturing. The 2014 Virginia Vanguard Winners are:
Highest Overall Growth: Millennium Corporation, Arlington
Retail/Wholesale: Morooka USA, Ashland
Service: PD Systems, Inc., Alexandria
Technology: TTC, Inc., Arlington
Manufacturing: First Line Technology, Chantilly
About the Awards—Virginia’s FANTASTIC 50 award program is a signature event of the Virginia Chamber of Commerce. The FANTASTIC 50 awards recognize leading businesses across the Commonwealth in all types of industries, and are the only statewide awards of this type in Virginia. Nominations for the 2014 FANTASTIC 50 were sought last fall from local chambers of commerce, economic development organizations, and through the sponsors’ networks; companies may also nominate themselves.
To be eligible, a company must be privately held with headquarters in Virginia, show sales between $200,000 and $100 million, and demonstrate positive revenue growth and positive net income in its most recent fiscal year over the previous year. Companies are judged on four-year sales revenue history. The professional service firm Dixon Hughes Goodman verifies all award entries.
The Fantastic 50 award program is sponsored by the Virginia Chamber, Cox Communications, Inc., Virginia Business Magazine, Dixon Hughes Goodman, SunTrust Bank, Capital One, Williams Mullen, Leidos and the Westfields Marriott.
About SteelMaster Buildings—SteelMaster Buildings is a global provider of prefabricated arch steel buildings. Since 1982, the company has sold more than 40,000 buildings to residential, commercial and industrial clients who use our structures for dozens of applications, including storage buildings and steel garages. Every building SteelMaster sells is backed by more than 30 years of experience doing business worldwide.