PBN’s 2016 Fastest-Growing & Innovative Companies celebrated

THE 350 ATTENDEES at PBN's fifth Fastest-growing & Innovative Companies recognition event saw 30 companies honored for tremendous growth and push-the-envelope innovations / PBN PHOTO/MIKE SKORSKI
THE 350 ATTENDEES at PBN's fifth Fastest-growing & Innovative Companies recognition event saw 30 companies honored for tremendous growth and push-the-envelope innovations / PBN PHOTO/MIKE SKORSKI

WARWICK – Companies that remove snow, supply electricity to commercial customers and remove toxins from drinking water were among the 30 local enterprises that were recognized Wednesday night at Providence Business News’ fifth Fastest-Growing & Innovative Companies event, held at the Crowne Plaza Providence-Warwick.

The cocktail reception and dinner was attended by 350 business leaders from Rhode Island and Bristol County, Mass., and in the course of the evening they learned who the fastest-growing companies in the region were from 2013 to 2015 in four different revenue categories. In addition, 10 companies that are pushing the boundaries in specific industry categories were honored for their success and/or potential.

The 2016 Fastest-Growing Companies (listed in order with their revenue growth percentage, grouped based on fiscal year 2015 revenue):
$250,000 to $5 million

    1. Chartwise Medical Systems Inc., 375%
    2. New Economy CPA, 225%
    3. Skinpros LLC, 172%
    4. Fish Advertising, 151%
    5. Lorimer Workshop, 114%

$5 million to $25 million

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    1. Partnership for Rhode Island Streetlight Management, 2,594%
    2. Life Wear Technologies, 512%
    3. MojoTech LLC, 113%
    4. Pranzi Catering and Events, 92%
    5. Qualified Resources International Inc., 50%

$25 million to $75 million

    1. Case Snow Management Inc., 235%
    2. Ximedica, 130%
    3. John Matouk & Co., 28%
    4. BankNewport, 18%
    5. Altus Dental Insurance Co., 15%

$75 million and over

    1. First Point Power LLC, 233%
    2. Blount Fine Foods, 56%
    3. Atrion Inc., 43%
    4. Shawmut Design & Construction, 34%
    5. Thielsch Engineering Inc., 32%

The 2016 Innovation Winners (listed alphabetically by category):

  • Architecture, construction and engineering: CDR Maguire Inc.

  • Biotechnology and life sciences: Ximedica

  • Education: New England Institute of Technology

  • Energy and the environment: HMSolution Inc.

  • Health care: The Providence Center

  • IT services: Claflin Co.

  • Manufacturing: Hexagon Manufacturing Intelligence

  • Nonprofits: Hope + Main

  • Professional services: Beacon Mutual Insurance Co.

  • Technology: Datarista

The presenting sponsor for the Fastest Growing & Innovative Companies program is CBIZ Tofias. Partner sponsors include: Adler Pollock & Sheehan PC, Bank of America, The Beacon Mutual Insurance Co., Cox Business, Fish Advertising, the Hilb Group, UnitedHealthcare of New England and the University of Rhode Island.

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