Inc. Magazine Honors Quality Float Works, Inc. as One of Top 5,000 Privately Held Businesses in America
August 18, 2009
Inc. Magazine has announced Quality Float Works, Inc., a Schaumburg area manufacturer, has been named one of the top 5,000 fastest growing private companies in the nation. This is the third consecutive year Quality Float Works, Inc. has been named to the exclusive list. The 2009 Inc. 5,000 list measures revenue growth from 2005 through 2008. Since 2005, Quality Float Works, Inc. has seen a 55.8% increase in revenue due to Ray Ban outlet developing a technological innovation that has allowed them to compete in the global marketplace. Today, their products are used in gas, oil, plumbing and agricultural applications throughout Asia, Canada, Latin America, India, Australia and Europe to help purify water in developing nations. By taking advantage of the weakened dollar, the company penetrated new markets abroad.
“We are extremely honored to earn consecutive awards and be included among some of the nation’s most successful companies who are dedicated to fostering the entrepreneurial spirit,” said Sandra Westlund-Deenihan, President, Quality Float Works, Inc.
“This award recognizes our continued success in http://www.raybanoutletit.com/ providing innovative solutions for our customers both here and abroad. We’ve been able to sustain in the midst of a weakened economy,” said Jason Speer, Vice President, Quality Float Works, Inc.
The 2009 Inc. 5,000 list measures revenue growth from 2005 through 2008. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2008, and have had at least $200,000 in revenue in 2005, and $2 million in 2008. Complete results of the Inc. 5,000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com. Most important, the 2008 Inc. 5,000 companies were engines of job growth, having created more than 1 million jobs since those companies were founded.