Lynchburg, VA August 24, 2010 -- Inc. Magazine unveiled its annual Inc. 5000, an exclusive list of the nation’s fastest-growing private companies today and ranked Advanced Manufacturing, Inc. (AMTI) No. 33 in the manufacturing sector and No. 1754 overall. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
Lynchburg, Virginia- based AMTI is a leader in “Product-to-Market” services providing concept stage product development, rapid response proto-typing, manufacturing and distribution services for technology innovators of all sizes. Key markets include military, homeland security, medical, telecommunications and automotive electronics.
Since its inception in 2002 it has grown from 8 employees to over 75. In addition, 2009 marked the addition of Microwave Circuits which designs and manufactures RF and microwave filters and filter-based subassemblies.
“We attribute much of our success to Region 2000 and the Lynchburg Economic Development team,” commented President and CEO Larry Hatch. “AMTI has been fortunate to sustain and grow over the last seven years.”
Virginia places fourth among the hottest regions for the Inc. 5000 list of fast-growing companies of any state with 293. The list also includes, California at the top with 684 followed by Texas (404) and New York (353). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year's list. The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009.
About AMTI
Lynchburg, Virginia- based AMTI is a leader in “Product-to-Market” services providing concept stage product development, rapid response proto-typing, manufacturing and distribution services for technology innovators of all sizes. Key markets include military, homeland security, medical, telecommunications and automotive electronics. With the understanding that excellence is a prerequisite to competitiveness, AMTI achieved both ISO 9001 and ISO/TS16949 certifications of the quality management system. AMTI is a privately held company headquartered in Lynchburg, Virginia. For more information, call AMTI corporate offices at 434-385-7197.
For more information contact: Ashley Blanchard 434-944-2027
ashley.blanchard@advmanufacturing.com