A local company ranks among the fastest-growing U.S. companies
YOUNGSTOWN — A downtown company that’s been named the seventh-fastest growing small business in the nation has no plans to slow down.
In fact, Turning Technologies will post its best year for sales growth by dollar amount in 2007, said Mike Broderick, company president.
Turning Technologies recorded $20.6 million in sales last year, according to Entrepreneur Magazine. In 2002, it had revenues of just $111,000.
The company’s growth has been so explosive that it ranks seventh in the magazine’s Hot 500 rankings, a list of rapidly expanding small companies.
Broderick said the local company’s growth will continue because it has introduced new audience response products, expanded its sales force and made its first acqusition. It acquired a Columbus-based educational software company in April.
Turning Technologies’ products allow teachers or corporate presenters to receive immediate feedback from students or audiences who are using small hand-held devices.
For more on this story, see The Vindicator or www.vindy.com Thursday.