One of state’s fastest growing companies is an international leader in radioactive and industrial water treatment solutions
Columbia, SC - AVANTech, a radioactive and industrial water treatment solutions provider that is one of South Carolina’s fastest growing companies just received the Inc. 5000 Award. Inc. Magazine included AVANTech in its ninth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy– America’s independent-minded entrepreneurs.
AVANTech was identified as one of the fastest growing privately held companies in the nation identified as #11 for environmental companies in the country and at 1803 out of the 5000 identified with a growth rate of 221%. The 2015 Inc. 5000 list is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies had to be based in the United States, privately held, for profit, and independent as of December 31, 2014.
Founded in 1999, AVANTech’s engineering and process systems dramatically improve operations in industrial, commercial, power, and nuclear power applications. The company also developed and manufactured a unique patent pending water treatment system instrumental in cleanup and recovery efforts at TEPCO's Fukushima Daiichi nuclear station damaged in the 2011 Japan earthquake and tsunami.
“We’re proud not just of the work we do around the world, but also of the positive economic impact and growth we are providing to South Carolina,” said Jim Braun, AVANTech’s founder, president and CEO.
In addition to its groundbreaking work on the Fukushima accident, AVANTech is participating in the cleanup of the Savannah River site. The company has provided products and services to more than 150 nuclear facilities in 14 countries. In South Carolina, the company recycles more than 50 million gallons of wastewater and 800 million gallons of nuclear wastewater.
“AVANTech is making a difference for a cleaner environment and more efficient industries around the world, right here from Columbia,” Braun said. “We have a proven record of success and an exciting future ahead of us.”