- 3-Year sales growth of 73% leads to highest national and local ranking yet
- Over 500 employees added in 3 years
Cincinnati, OH – ProMach, Inc. announced today that it has been named to the 2014 Inc. 5000 list of the fastest growing private companies in the United States. This marks ProMach’s fourth time on the Inc. list and its highest ranking at 4,058 nationwide and 32 in the Cincinnati Metro Area. ProMach achieved a 3-year sales growth rate of 73%, moving them up more than 700 spots from its first year on the list in 2008 and nearly 20 spots higher than last year. ProMach moved up 10 spots on the Cincinnati list. In terms of total revenue ProMach ranks 84th on the Inc. list and 2nd in the Cincinnati Metro Area.
“This honor is a testament to our outstanding employees and their focus on growing our business and creating value for our customers,” said ProMach CEO and President Mark Anderson. “We are very fortunate to have high performing teams at all our brands who work together to create opportunities, hustle for our customers, and deliver results.”
ProMach is one of North America’s largest packaging machinery manufacturers and integrated system providers, with more than 25 equipment brands sold throughout the world. ProMach provides automated solutions that drive efficiency and increase packaging line performance for diverse food, beverage, pharmaceutical, consumer goods, and industrial goods companies. It manufactures and integrates bottling and capping, primary packaging, flexible packaging, material handling, identification and tracking, and end-of-line packaging solutions. ProMach has manufacturing and sales facilities in the US, Canada, and Europe. ProMach’s capability to be a single source provider for a wide range of complementary products and integrated systems across multiple parts of the packaging and product handling process makes it unique in the industry. On average, ProMach’s top customers purchase from more than 8 ProMach brands.
ProMach has added over 500 employees in the 3 years measured by Inc., and boasts one of the largest and most experienced engineering and customer support staffs in the packaging industry – the average employee tenure is well over 15 years. ProMach has more than 100 patents or patents pending on packaging innovations and is a leader in the industry in sustainable manufacturing and incorporating common packaging machinery standards such as PackML. ProMach’s ProCustomer® brand for service and support is at the forefront of ensuring a superior customer experience throughout the purchase and product lifecycle.
During the 3-year period measured by Inc., ProMach increased revenues from $225.1 million to $389.4 million. ProMach has made 13 acquisitions since 2011, expanding its product and service capabilities and geographic markets. During the 3-year period ProMach expanded its footprint in Europe and increased its focus on Latin America and other emerging markets. ProMach announced in September it is being acquired by affiliates of AEA Investors LP. The transaction is expected to close before the end of this year.
“We will continue to aggressively invest in our company and our team to expand our capabilities and better serve our customers,” added Mr. Anderson. “Our focus remains on building long term customer relationships based on creating efficient, high performing packaging, material handling, and processing lines.”
According to Inc., the companies on this year’s list reported aggregate revenue of $211 billion and created 505,000 jobs.
About ProMach
ProMach is a family of best-in-class packaging and processing solution brands serving manufacturers of all sizes and geographies in the food, beverage, pharmaceutical, personal care, and household and industrial goods industries. ProMach brands operate across the entire production line: processing, filling, bottling and capping, decorative labeling, flexibles and trays, pharma, handling and sterilizing, labeling and coding, and robotics and end of line. ProMach also provides systems and integration including turnkey solutions, design/build, engineering services, and productivity software to optimize production line design and deliver maximum uptime.
ProMach designs, manufactures, integrates, and supports the most sophisticated and advanced packaging and processing solutions in the global marketplace. Its diverse customer base, from Fortune 500 companies to smaller, privately-held businesses worldwide, depends on reliable, flexible, technologically advanced equipment and integrated solutions. ProMach is headquartered near Cincinnati, Ohio, with manufacturing facilities and offices throughout North America, Europe, South America, and Asia. For more information about ProMach, visit www.ProMachBuilt.com and for more information on ProMach Careers, visit www.ProMachCareers.com.