Warsaw Business Named ‘Company To Watch’
A company from Kosciusko County has earned a place in Indiana’s sixth annual field of “Companies to Watch.”
The local company to be honored is Warsaw-based Sportula Products, a retailer and supplier of officially licensed sports team spatulas, coasters and barbecue sets.
“The entrepreneurial spirit soars in this year’s class of ‘Companies to Watch’,” said Eric Doden, president of the Indiana Economic Development Corporation. “With the spark of a great idea, the ingenuity to develop solutions and the determination to achieve greatness, these companies demonstrate what it takes to stand out in the marketplace. Because we offer a low-tax climate with a skilled workforce, companies of all sizes know that they can exercise a competitive advantage in Indiana, a state that works for business.”
The accolade, presented by the Indiana Economic Development Corporation, the Indiana Small Business Development Center network and the Edward Lowe Foundation, recognizes the state’s privately held businesses that employ six to 150 full-time employees and have between $750,000 to $100 million in annual revenue or capital.
The 33 “Companies to Watch” from 14 Indiana counties were named after evaluating 300 nominations for the awards and represent industries ranging from biotech research and robotic part design to gourmet flavor manufacturing and automotive safety.
The chosen companies project to have combined revenues in excess of $422 million and create more than 345 new jobs this year. The revenue projections represent an increase of more than $218 million or 36 percent from 2012.
With major sponsorship from Barnes and Thornburg, LLP, the “Companies to Watch” awards program is an initiative developed by the Cassopolis, Mich.-based Edward Lowe Foundation. The foundation licenses similar programs in other states. The program is also sponsored in part by Katz Sapper & Miller, KeyBank, Purdue University and Ivy Tech Community College.
The 33 “Companies to Watch” will be honored at an Aug. 22 ceremony at the Indiana Roof Ballroom in Indianapolis. Tickets for the ceremony and dinner are still available and may be purchased online at www.inctw.org or by calling 888-472-3244.
Other area businesses making the list were ATC Trailers in Nappanee, Kessler Crane in Plymouth, and Stratashops in Elkhart.