Torrey Hills Technologies Ranked 5th among Fastest Growing Privately Held Companies in San Diego
FOR IMMEDIATE RELEASE
(SAN DIEGO, CA, September 22, 2008) -- Torrey Hills Technologies, LLC, today announced that it was ranked 5th among the 100 fastest growing privately held companies in San Diego county for 2008 by San Diego Business Journal. Rankings are based on percentage of fiscal year revenue growth over 3 years from 2005 to 2007. Torrey Hills grew 517 percent during this period.
Since its establishment in 2004, Torrey Hills¡¯ revenue has doubled almost every year, bringing it to a prominent position as a manufacturer and distributer of microelectronics equipment and packaging components. The company also diversified its customer base by targeting the booming solar energy market. With competitive price advantage, quality products and value-added services, Torrey Hills now has expanded its business in more than 30 countries. In April 2007, the company opened an 8,800-square-foot manufacturing facility in Yixing, Jiangsu, China. Last February, Torrey Hills doubled the size of its headquarters office by moving into a 1,700-square-foot space in Sorrento Valley.
¡°It gives us immense pleasure to be listed and ranked 5th. Such accomplishment makes a strong statement about the value of Torrey Hills¡¯ products and services,¡± said Ken Kuang, President and Founder of Torrey Hills Technologies. "It is indeed to the credit of our entire team in U.S. and China that Torrey Hills is able to sustain a high level of revenue growth over the past few years."
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.