Torrey Hills Technologies, LLC Ranked No. 188 on 2009 Inc. 500 List
FOR IMMEDIATE RELEASE
(SAN DIEGO, CA, August 12, 2009) -- Inc. magazine today ranked Torrey Hills Technologies, LLC No.188 on its 28th annual Inc. 500 list, an exclusive ranking of the nation¡¯s fastest-growing private companies. Rankings are based on percentage of revenue growth from 2005 to 2008. Torrey Hills grew 1,051 percent during this period.
Inc. editor Jane Berentson said, ¡°If you want to know which companies are going to change the world, look at the Inc. 500.¡± Founded 5 years ago by entrepreneurs with ambitious eyes on the future, Torrey Hills Technologies has finally earned itself the good company of hundreds of successful businesses.
Headquartered in San Diego, Calif., Torrey Hills Technologies manufactures highly specialized materials and heat sink components for microelectronics packaging industry. It also supplies production furnaces and mixing equipment for solar cell, electronics and many other industries. The innovative work of the Torrey Hills team enables the company not only to flourish in the domestic market, but also to become an active exporter shipping to more than 30 countries.
Torrey Hills Technologies is also ranked No. 3 in Top 50 Inc.500|5000 Companies by Metro Area -- San Diego-Carlsbad-San Marcos, Calif.; No. 5 in Top 100 Inc.500|5000 Companies by Industry ¨C Manufacturing; and No. 7 in Top 10 Inc.500|5000 Asian-run Companies.
¡°This is yet another major milestone for a 5-year young company like Torrey Hills,¡± said Ken Kuang, President and Founder of Torrey Hills Technologies. ¡°It reminded us how fortunate we are in today¡¯s down economy. At the same time, it speaks volume for the significant contributions from our entire team. Over next few years, we will continue to make all the right moves like we did before to maintain this fast growth.¡±
Inc. 500 Methodology
The 2009 Inc. 500 measures revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, for profit, and independent¡ªnot subsidiaries or divisions of other companies¡ªas of December 31, 2008. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.
About Torrey Hills Technologies, LLC
Torrey Hills Technologies, LLC (www.torreyhillstech.com, www.threerollmill.com, www.beltfurnaces.com, is a leader in developing and delivering quality but affordable equipment and supplies for multiple industries. Since its establishment in 2004, the company has expanded its business from microelectronics manufacturing equipment and packaging components to include industrial mixing equipment. Headquartered in San Diego, Calif., its mission is to help customers achieve higher profitability by providing innovative products and services.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today¡¯s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.