Wilmington, Mass., Sept. 27, 2011 (GLOBE NEWSWIRE) -- ETM Manufacturing made its debut appearance on the 2011 Inc. 500|5000 list - the annual barometer of fast-growing entrepreneurial companies. In an impressive first-showing, the company ranked 41st among more than 230 manufacturing companies on the 2011 list, reflecting the success of its formula to help original equipment manufacturers (OEMs) accelerate innovation and time-to-market with effective supply chain solutions.
Since 2007, ETM Manufacturing’s revenue has grown nearly 200%, from $1.9M to $5.5M; the company’s employee base has nearly doubled in the same time frame. As a provider of sheet metal fabrication, machining and assembly with customized supply chain solutions, ETM Manufacturing works with OEMs in dozens of industries, including computing giant EMC2 Corporation and solar mounting system leader, Panel Claw. Its creative solutions are designed to help customers squeeze inefficiencies out of the supply chain, while driving continuous innovation.
The continuing sluggishness of the global economy, rapidly fluctuating commodity costs, and supply chain disruptions have presented considerable challenges in the past for few years to equipment manufacturers who now recognize the need to build flexibility and innovation into every part of the product lifecycle. With government incentives designed to bring manufacturing - and manufacturing jobs - back into the U.S., ETM Manufacturing is well-positioned to capitalize on future opportunities as OEMs find new reasons to adopt near-shoring strategies for design, production and distribution.
"We’re extremely proud to be a part of the Inc. 500|5000 and what it says about our customers' faith in us during a very rough economic period," said Rob Olney, ETM Manufacturing’s president. "We’ve been able to accomplish what it takes to be a part of this prestigious group by focusing on three fundamentals: making customer innovation a priority; continuously improving people and processes; and re-investing in employees and operations."
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About ETM Manufacturing
For more than 40 years, ETM Manufacturing has been providing custom, precision sheet metal and machined components to some of the best New England-based Original Equipment Manufacturers in computing, energy, telecommunications, medical/lab, printing and other industrial equipment. ETM offers creative solutions to our customer’s complex supply chain issues to help them save money and reduce their time to market. For more information, please visit www.etmmfg.com or call (978) 658-2485.