Tekscan Inc makes Inc. 5000 list of fastest growing private companies
Tekscan Inc has earned a ranking on the 2011 Inc. 5000, the business magazine's annual listing of the fastest-growing private companies in America. Tekscan, which manufactures tactile pressure and force measurement systems and sensors, has achieved more than nine consecutive years of revenue growth and has more than doubled its revenue since 2004, according to the company. Notably, between 2007 and 2010, the company grew 40%. Tekscan also increased its staff level by 24% during this timeframe, which the company says is a testament to Tekscan’s ability to grow and prosper, despite periods of economic uncertainty.
Tekscan says that because of its solid financial standing, it has been able to dedicate significant resources and money to invest in itself through expanded research and production capabilities. In 2009, the company underwent an extensive renovation and remodel in its company-owned facility in Boston. This included installation of additional state-of-the-art manufacturing equipment to increase yields and control costs.
Inc. Editor-in-Chief Jane Berentson says, "More than ever, this year's list is a testament to the creativity, resilience, and tenacity of America's top entrepreneurs." In 2010, Electronic Products magazine recognized Tekscan's newly released High-Temp FlexiForce sensor on its Product of the Year list, and the Pride Institute recognized Tekscan's dental system with a "Best of Class" technology award.
The continued addition of resources and equipment allows Tekscan to succeed in its mission of delivering accurate, user-friendly, thin-film sensors and systems of the highest quality and value. Tekscan manufactures thin, flexible, tactile pressure, and force sensors and measurement systems. The company manufactures systems designed for clinical use, including medical and dental pressure measurement applications.
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