EAC Honored by Inc. Magazine as One of the 5,000 Fastest-Growing Private Companies in America
MINNEAPOLIS, August 12, 2009 – Inc. today ranked EAC Product Development Solutions (EAC) number 2,390 on its annual ranking of the 5000 fastest-growing private companies in the country. EAC also ranked number 37 in the Inc.’s top 50 Engineering businesses, and number 42 in the top 50 businesses in the Minneapolis-St. Paul-Bloomington, MN-WI area. This is the third consecutive year EAC has made the Inc. list.
“We are extremely proud of EAC’s inclusion in the Inc. 5000 for a third consecutive year,” said Thane Hathaway, President and CEO of EAC Product Development Solutions. “We focus on delivering superior solutions to engineering and manufacturing companies. This distinction in today’s economic climate demonstrates the value our customers see in our products and services.”
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
About EAC Product Development Solutions
EAC is a complete source for product development solutions for the manufacturing, engineering and design industries. EAC offers software, consulting, training, hardware, implementation and engineering services, addressing all aspects of the product development process. EAC is committed to helping companies leverage proven technologies and practices to become more efficient and competitive in the global marketplace. For more information on EAC, please visit http://www.eacpds.com
