3 ‘small’ companies lauded for growth
Despite sour economy, local businesses post big revenue gains
Three Fayette County businesses are among the top 5,000 fastest-growing companies in the country, according to data released by Inc. Magazine.
Sawtst, located in Tyrone, provides information technology engineering, software support and development, logistics and information systems training and testing to the Department of Defense and other federal agencies. The company has added 22 jobs in the past three years and in that time frame its revenue grew from $827,000 a year to $4.8 million, according to Inc.
Another local company on the Inc. list is Peachtree City’s Aventure Aviation, which sells aviation parts and supplies, performs aircraft maintenance and repairs and also maintains and leases aircraft for commercial and military clients worldwide. Aventure added 10 jobs in the past three years, and its revenue more than doubled in that time frame: from $5.4 to $12.2 million, according to Inc. Aventure now employs 19 people.
Both Sawtst and Aventure have been on this prestigious list before. Now they are joined by a relative newcomer: Bimeco Group of Peachtree City, a healthcare company that assesses and represents novel healthcare products, particularly those which provide infection control and create a safe hospital environment for babies, patients, family members and clinicians, according to Inc. The company also represents medical computer developers, medical lighting companies, electronic monitoring devices and headwall equipment manufacturers.
In three years, Bimeco grew from two to 20 employees as its revenue rose from $9.8 million to $13.3 million, according to Inc.
What makes the companies’ feat even more impressive is their ability to grow in a difficult economy, said Matt Forshee, President/CEO of the Fayette County Development Authority. He also noted that each of these businesses had their start on an entrepreneurial basis.
“It’s great for Fayette County to have these kinds of companies here,” Forshee said. “These are all entrepreneurial led companies that were started by people who had vision and kept moving and growing by leaps and bounds every year. So we wish them continued great success.”
Forshee noted that Aventure Aviation is an international company that has made significant headway in helping areas of the world that are underserved from an aviation perspective.
Bimeco’s focus on healthcare has reaped benefits from one of the sectors that is continuing to thrive despite the economy, Forshee noted.
And the military focus of Sawtst is operating in a sector that has remained strong, he added.