Pompano Beach, Florida, Aug. 17, 2012 (GLOBE NEWSWIRE) -- Precision Metal Industries, Inc. has been recognized by Inc. Magazine in their annual Inc. 5000 list, an exclusive ranking of the fastest-growing privately held companies in America. PMI is ranked NO.3361 on this prestigious list, which is considered a hallmark of entrepreneurial success. This achievement puts PMI in rarefied company, especially if you consider that there are nearly 7 million private, employer-based companies in the U.S.A. Past members of the list include Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, ClifBar, Patagonia, Oracle and Zipcar.
PMI is a precision sheet metal fabrication manufacturer that has experienced impressive growth over the past four years. Gregory Wilson, President of Precision Metal Industries, commented "Everyone at PMI is extremely proud to be recognized on this exclusive list. We're excited about the growth and development of our company and of our employees and are extremely optimistic about our future."
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg. In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
About Precision Metal Industries
Precision Metal Industries, Inc. is a full service precision sheet metal fabrication company delivering a wide range of manufacturing solutions--from design and production to finishing services. PMI specializes in providing: Engineering, Precision Sheet Metal Fabrication, Automated Laser Cutting, Automated Robotic Welding, CNC Precision Machining and Forming, Punching, Turret Press Fabrication, Punch Press Stamping, Tooling and Finishing Services to a wide variety of industries and clients. PMI partners with the best-in-class product manufacturers and leverages its top notch employees to offer its clients a totally seamless customer experience and quality products. To learn more about Precision Metal Industries and our state of the art capabilities, visit our website at http://www.pmiquality.com or call (954) 942-6303 Ext. 109.