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 Complete List of Companies to Watch:
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COMPANY LOCATION PRIMARY BUSINESS
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A Packaging Systems LLC
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La Porte
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Manufacturing
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The AME Group
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Vincennes
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IT Consulting and Maintenance
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Aerodyn Engineering, Inc.
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Indianapolis
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Aerospace and Defense
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Albanese Confectionery Group, Inc.
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Merrillville
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Manufacturing
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Alexin LLC
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Bluffton
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Manufacturing
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Aptera Software Inc.
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Fort Wayne
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Computer Software and Systems
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Blood Hound Underground
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Brownsburg
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Utility Locating / Leak Detection
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Bluefish Wireless Management Inc.
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Indianapolis
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Telecommunications
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BlueLock, LLC
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Indianapolis
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Internet
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MediaSauce
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Carmel
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Internet
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Bright Automotive, Inc.
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Anderson
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Automotive Manufacturing
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Kids Kloset
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Greenwood
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Retail Trade
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Eagle Adjusting Services, Inc.
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Noblesville
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Financial Services/Insurance
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EHOB, Inc.
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Indianapolis
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Manufacturing
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eImagine Technology Group, Inc.
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Indianapolis
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Computer Software and Systems
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Electronic Commerce Inc. (ECI)
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Elkhart
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Computer Software and Systems
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En'Urga Inc.
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West Lafayette
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Scientific Research and Development
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ENTAP, Inc.
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Indianapolis
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Computer Software and Systems
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enVista
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Carmel
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Management Consulting
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Health Systems International LLC
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Indianapolis
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Health and Medical Services
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I Power Energy Systems LLC
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Anderson
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Energy Generation Systems
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iasta
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Carmel
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eSourcing software & services
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iGoDigital
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Fishers
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Computer Software and Systems
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Kylin Therapeutics, Inc.
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West Lafayette
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Scientific Research and Development
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Livemercial
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Valparaiso
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Online marketing and sales
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Livin' Lite Recreational Vehicles Inc.
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Wakarusa
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Manufacturing
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My Health Care Manager, LLC
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Indianapolis
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Health and Medical Services
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NESCO, LLC
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Bluffton
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Utilities/Energy
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New Carbon Company, Inc.
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South Bend
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Wholesale Trade
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Nyhart
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Indianapolis
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Financial Services/Insurance
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Omnitech Systems, Inc.
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Valparaiso
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Manufacturing
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Option Six, Inc.
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Bloomington
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Management Consulting
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Orbis Education
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Indianapolis
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Educational Services
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OrthoPediatrics
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Warsaw
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Medical Device
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Passageways, LLC
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West Lafayette
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Computer Software and Systems
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PayGOV.US
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Indianapolis
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Financial Services/Insurance
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Perpetual Technologies, Inc.
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Indianapolis
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Computer Software and Systems
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Quality Hardwood Sales Inc.
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Nappanee
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Manufacturing
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Radian Research, Inc.
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Lafayette
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Research, Development and Manufacture
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Safis Solutions, LLC
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Indianapolis
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Scientific Research and Development
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Strategic Healthcare Group, LLC
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Indianapolis
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Healthcare Consulting/Medical Informatics
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SynCare LLC
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Indianapolis
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Disease and Case Management
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Techshot, Inc.
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Greenville
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Technology Development
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The RND Group, Inc.
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Indianapolis
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Computer Software and Systems
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TruPay Corporation
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Mishawaka
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Financial Services/Insurance
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Unified Group Services Inc.
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Anderson
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Financial Services/Insurance
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Vontoo
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Indianapolis
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Telecommunications
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VOT Arthroscopic Solutions LLC
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Warsaw
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Medical Devices
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WebLink International, Inc.
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Indianapolis
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Computer Software and Systems
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Wellfount Pharmacy
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Indianapolis
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Health and Medical Services
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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.
