For Immediate Release
Economic Crunch Still Yields Growth for Local Companies
Fort Mitchell, KY – September 9, 2009 – Stock markets, housing markets and job markets may be slow on the rebound as the economy begins to turn around. However, there are 30 signs of growth in Northern Kentucky.
The Northern Kentucky Chamber of Commerce is hosting a special Cocktail Reception, Wed., Oct. 28 at the Newport Syndicate, 18 E. Fifth St. 5 p.m. to 7 p.m., to announce the 2009 “Emerging 30.” Reservations are accepted online, http://www.nkychamber.com.
“The Emerging 30 companies represent the tremendous growth of our region’s economy,” said Randy Rawe, investment advisory representative of Roeding Group Companies and chair of the “Emerging 30” committee. “These companies are a prime example of the true entrepreneurial spirit.”
The program, celebrating its 10th year, acknowledges the accomplishments businesses that have experienced and sustained extraordinary growth. In some cases, some businesses retain successful growth for more than eight consecutive years. The revenues of this year’s winners increased at an average rate of at least 15 percent per year, employed more than 697 employees in the area and have averaged 123 percent growth over the last three years.
“Emerging 30” applicants included all three-year and older small companies headquartered in Boone, Kenton and Campbell Counties, or current members of the Northern Kentucky Chamber of Commerce. The nominees were also required to have at least 15 percent per year average growth for the past three years, exceed $250,000 in revenues and have fewer than 150 employees.
The 2009 “Emerging 30”, broken down by number of consecutive appearances in the list, are:
Eight time Designees: Architectural Group International and Christopher Financial Group
Five-time Designee: C-Forward, Inc.
Four-time Designees: Abstract Displays, Inc.; Bonfiglioli USA, Inc.; D.M. Insite; Nuvo Technologies, LLC; OMEGA Processing Solutions and Ty’s Toy Box, LLC
Three-time Designees: Comprehensive Medical Management, LTD; Rich Insurance Group and TiER 1 Performance Solutions
Two-time Designees: Advanced Surgical Care, PSC; City Wide Maintenance of Cincinnati; Cleves & Lonnemann Jewelers; Eisen Marketing Group; Emerge Technologies, LLC; ML Barnard, Inc. and Tom Sexton & Associates, Inc.
First-Time Designees: AXIA Consulting, LLC; Bowlin Energy; H3 technologies, LLC; KLH Engineers; LeanCor; Legacy Financial Advisors; Partner Professional Staffing; Payroll Partners, Inc.; Tracker Products; US Voice Data Video and Van Gorder, Walker & Co., Inc.
Sponsors for the 2009 “Emerging 30” Cocktail Reception are Gold Level: Fifth Third Bank; Insight Communications; Ohio Casualty; OMEGA Processing Solutions, LLC and The Roeding Group and Silver Level: Aaron Asch Photographer; Frost Brown Todd LLC; Grove Transportation Services, Inc. and SS&G Financial Services, Inc. -30-