List of 50 'Companies to Watch' Unveiled

The 50 chosen companies project to have combined revenues in excess of $671 million and create more than 560 new jobs this year.

updated: 7/14/2009 8:34:20 AM

List of 50 'Companies to Watch' Unveiled

InsideINdianaBusiness.com Report

From food manufacturers to software developers, 50 companies have earned a place on Indiana's second "Companies to Watch" list. The program highlights privately held businesses that employ up to 150 employees and have between $750,000 to $100 million in annual revenue or working capital. Companies on this year's list will be honored at the Indiana Roof Ballroom in downtown Indianapolis August 27.

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Source: Inside INdiana Business

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Press Release

INDIANAPOLIS (July 14, 2009) - 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 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.

Complete List of Companies to Watch Winners

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


About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Mitch Roob serves as the chief executive officer of the IEDC. For more information about IEDC, visit www.iedc.in.gov.

Source: Indiana Economic Development Corporation

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