KeyBank,VBM honor fastest growing companies

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KeyBank,VBM honor fastest growing companies

Thu, 09/30/2004 - 8:00pm -- tim

KeyBank and VBM honor fastest growing companies

October 1, 2004
BURLINGTON At an awards ceremony last night (Thursday September 30) KeyBank of Vermont and Vermont Business Magazine honored Vermont's fastest growing businesses at the Wyndham Hotel in Burlington.
The annual 5x5x5 Awards recognize the five fastest growing Vermont-based businesses over the last five years in five industrial sectors. The data is gathered from Vermont Business Magazines Vermont 100 list of companies ranked by sales, which runs in its January issue. VBM has run such a list since 1987.
President Scott Carpenter of KeyBank and Publisher John Boutin of VBM, along with Lieutenant Governor Brian Dubie, presented the awards to the 25 recipients. David Coates, COO of New England Culinary Institute, was master of ceremonies. Sponsoring the event were Downs Rachlin & Martin PLLC, the Vermont Department of Economic Development, and Business Interiors.
The Award Winners are as follows:
(with five-year growth 1998-2003)
Technology:
1) NRG Systems, Hinesburg, 202.2%

2) Small Dog Electronics, Waitsfield, 150%

3) SoVerNet, Bellows Falls, 132.6%

4) Vermed, Bellows Falls, 93.2%

5) Chroma Technology, Rockingham, 88.5%
Manufacturing:
1) PCM/Image-Tek, Springfield, 372.2%

2) Hubbardton Forge, Castleton, 182%

3) Sonnax, Bellows Falls, 96%

4) Acrylic Designs, Springfield, 94.1%

5) Autumn Harp, Bristol, 89.8%
Service/Retail:
1) Pyramid Supply, Barre, 400%

2) Seventh Generation, Burlington, 180.9%

3) Vermont Teddy Bear, Shelburne, 134.3%

4) Gardener's Supply, Burlington, 83.5%

5) Bond Auto Parts, Barre, 78.7%
Food:
1) Vermont Pure Holdings Inc, Randolph, 329.4%

2) ForesTrade, Brattleboro, 328.6%

3) C & S Wholesale, Brattleboro, 121.6%

4) Burlington Foodservice, Colchester, 114.3%

5) Green Mountain Coffee, Waterbury, 109.1%
Construction:
1) McKernon Group, Brandon, 300%

2) Prime Construction, Burlington, 236.8%

3) DEW Construction, Williston, 184.3%

4) Snyder Companies, Essex Junction, 179%%

5) TFM Construction, Colchester, 164.7%
The awards ceremony was followed by a panel discussion with a winner from each category. The presenters were: Michael Hathaway, President, PCM/Image-Tek; Don Wells, President, DEW Construction; Don Mayer, President, Small Dog Electronics; Sylvia Blanchett, Co-founder, ForesTrade; and Jeffrey Hollender, President, Seventh Generation.
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