SenDEC Recognized By Inc. 5000 for a Third Consecutive Year
SenDEC is Ranked 78th in the Nation for Fastest Growing Private Companies in the Manufacturing Industry
SenDEC Corporation, a leading provider of both contract electronics manufacturing services (EMS) and digital hour meters, tachometers and other engine monitoring devices, has been ranked by Inc. Magazine in its annual Inc. 5000 list of the fastest-growing private companies in the country. SenDEC was recognized for its three-year revenue growth of 159%. SenDEC ranked 2,006 on the overall list and was 78th in the nation and 4th in the state of New York within the Manufacturing industry. This is the third consecutive year for SenDEC to make the Inc. 5000 list.
The Inc. 5000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of 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%. The Inc. 5000 are responsible for creating more than one million jobs since their inception, making the list perhaps the best example of the impact private, fast growing companies can have on the economy.
"I am gratified we were able to three-peat with our ranking in the Inc. 5000 list this year", said Ken Fiske, CEO and President of SenDEC. "With the backdrop of a global recession, we have been able to weather the storm by continuing to provide greater total value to our customers in an extremely competitive marketplace. I am proud of our employees who work very hard to provide this value and am grateful to our customers who appreciate it."
Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company. In addition, the list is searchable according to numerous criteria including: industry, city, state, region, revenue, and growth rate.
About SenDEC Corporation
SenDEC is one of the fastest growing companies in the nation and is organized into two main business units: the Contract Electronics Manufacturing (CEM) Group and the Products Group. SenDEC's CEM Group provides comprehensive electronic manufacturing services (EMS) including: design for manufacturability, PCB layout, prototyping/NPI, PCB assembly, electromechanical assembly, test engineering, rework, turnkey box build (final product assembly) and supply chain management services. Its client base includes startups, mid-sized companies, and Fortune 500 corporations worldwide serving the commercial/industrial, consumer, energy, medical, military and telecommunications markets. The SenDEC Products Group manufactures its own family of digital monitoring, display and control devices that include solid-state electronic hour meters, tachometers, voltage/battery charge meters and engine monitors for over 20 vertical end markets worldwide. These are marketed under the SenDEC name as well as private labeled to OEMs and sourced through its worldwide distributor network. While SenDEC's CEM and Product Groups operate as independent business units, they share the commitment to quality and customer service that has been a SenDEC tradition for over 30 years. For more information, visit www.sendec.com/ or call 1-800-295-8000.
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