Ashland Technologies, Inc.
on Inc. 500/5000
Four Years in a Row
Tripled Employment Since List Debut
Inc. Magazine Unveils 31st Annual List of America’s Fastest-Growing Private Companies – the Inc. 5000
PENNSYLVANIA, August 21, 2012 – Inc. magazine today awarded Ashland Technologies, Inc. its fourth consecutive ranking on the nation’s fastest-growing private companies list. This is nearly unprecedented for a contract machining/fabricating company. Manufacturing is leading the surge to get the U.S. economy back on track, and Ashland Technologies is at the head of the pack.
This list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. Companies such as Microsoft, Zappos, Jamba Juice, Zipcar, Clif Bar, Vizio and many other well-known names gained early exposure as members of the Inc. 500|5000.
President, Bill Wydra Jr attributes this incredible growth to great customers and the industry’s best employees. “Despite increased automation in our Hegins facility, it is people that make the difference and ensure that customers get a high quality part delivered on-time, every time,” says Wydra. He goes on to explain, “It also helps that we have a better mousetrap. Our One-Stop-Shop model boasts a 334% cost advantage and 2-week turnaround advantage over competitors not offering these turnkey services.”
Ashland Technologies, Inc. has continued growth in manufacturing by not only constantly improving equipment and finding more efficient ways of completing projects, but also by employing skilled workers and equipping them with the latest technologies to achieve their goals. The machined and fabricated parts manufactured by Ash/Tec, Inc. are made for various industries including the amusement rides and theme parks, fast food restaurant equipment, and renewable energy.
The 2012 Inc. 5000 list, unveiled in the September issue of Inc., is the most competitive crop in the list’s history. In the past four years of Ashland Technologies, Inc. being part of Inc. magazine’s fastest-growing private companies, they have had sales growth of 248% and tripled its employment. Ash/Tec, Inc. is always hiring people with the right attitude to help keep them on the list.
CONTACT: John Powers, (570)-682-0933, jpowers@ash-tec.com