The business magazineInc. has named APTech Group, Cincinnati, to its 2011 Inc. 500/5000 list of the fastest growing private companies in America. APTech, a maker of water treatment products, ranked No. 3,772, with 39 percent three-year sales growth. To compile its list, which is in fifth year,Inc. looks at U.S. independent entrepreneurs.
“It is gratifying to be recognized for our efforts and
success as we continue to develop and manufacture sustainable products for the
water treatment industry,” says James Heimert, APTech's CEO. APTech's products
are used in cooling towers, closed-loop systems and boilers.
stagnant economic environment, the median growth rate of the 2011 Inc. 500|5000
companies was 94 percent. The companies on this year’s list report having
created 350,000 jobs in the past three years. Aggregate revenue among the named
companies reached $366 billion, up 14 percent from last year.