CHICAGO, Oct. 29, 2014 (GLOBE NEWSWIRE) -- MSDSonline, the leading cloud-based environmental, health and safety (EHS) solutions provider, announced today that it was recognized once again by the Initiative for a Competitive Inner City (ICIC) as one of the fastest growing inner city businesses in America. The list of winning companies was culled from thousands of nominations and published in FORTUNE.
"It is an honor to be recognized by the ICIC for our work in the EHS space," said Glenn Trout, president and CEO of MSDSonline. "Together with our clients, we are committed to improving the safety of our environment for our communities, workplaces, and employees. Our growth is a testament to the fact that across the board safety risks are being mitigated, critical EH&S information is more widely available and corporate sustainability efforts are rising to a higher priority."
ICIC is a nonprofit research and strategy organization founded by Harvard Business School Professor, Michael Porter. CEOs of the Inner City 100 winners were honored in Boston with an awards ceremony and two day symposium. The theme for the symposium was Icons of Industry Growth, and featured networking events and seminars for winning CEOs with other executives and professors from Harvard's Business School.
"This is our third year on the list, which is special because the list looks at growth over a 5 year period. Our first year, the list was comprised largely of companies that powered through the recession; and now the list includes companies that thrive on better economic conditions; and rain or shine, our growth has been among the best in America for three years running. We do not take our progress for granted," said Trout.
Trout was equally excited about his company's future, saying the recent acquisition of EHS software leader, KMI Innovations, and MSDSonline's new Plan1 service — a cloud-based tool that allows its customers to easily share hazardous chemical information with the emergency responder community — has positioned the company to improve upon its leadership position in the EHS space.
About MSDSonline
Founded in 1996 and based in Chicago, MSDSonline is a leading provider of cloud-based EH&S compliance solutions, offering products and services for managing safety data sheets, reporting workplace incidents, training employees and administering other critical EH&S information. The company's mission is to provide sustainable solutions that help customers improve employee safety, streamline compliance recordkeeping and reduce potential exposures to workplace hazards and risks. MSDSonline has been recognized for six years on Inc. magazine's list of America's 5,000 fastest-growing private companies. More information is available online at www.MSDSonline.com and on the official company blog at www.MSDSonline.com/blog. MSDSonline is an Actua (Nasdaq:ACTA) company.
About Initiative for a Competitive Inner City (ICIC)
ICIC is a national nonprofit founded in 1994 by Harvard Business School professor Michael E. Porter. ICIC's mission is to promote economic prosperity in America's inner cities through private sector investment that leads to jobs, income and wealth creation for local residents. Through its research on inner city economies, ICIC provides businesses, governments and investors with the most comprehensive and actionable information in the field about urban market opportunities. The organization supports urban businesses through the Inner City 100, Inner City Capital Connections and the Goldman Sachs 10,000 Small Businesses programs. Learn more at www.icic.org or @icicorg. Or contact Mary Duggan, ICIC (617) 238-3010 mduggan@icic.org