$338 million in total annual revenue
34.9 percent increase in total annual revenue compared to 2009
1,543 full-time equivalent employees
1,310 in Colorado • 233 out of state
453 net new jobs projected for 2011
421 in Colorado • 31 out of state
Increasing Impact
From 2007 through 2010, these companies generated $975 million in revenue and added 851 employees (both in Colorado and out of state), reflecting a 114 percent increase in revenue and 123 percent increase in jobs for the four-year period. That translates into a 30 percent annual revenue growth and 31 percent annual growth in employees.
These companies project continued growth in 2011, with a 35 percent revenue increase and 29 percent growth in employees (both in Colorado and out of state) compared to 2010. If their projections hold, these companies will have generated $1.4 billion in revenue and added 1,304 employees over the last five years - a 190 percent increase in revenue and 188 percent increase in jobs since 2007.
| |
2007 |
2008 |
2009 |
2010 |
2011
(projected) |
Revenues
(millions of dollars) |
$158 |
$227 |
$251 |
$338 |
$458 |
Employees
(full-time equivalent in Colorado and out-of-state) |
692 |
868 |
1,176 |
1,543 |
1,996 |
Companies of the 2011 Colorado Companies to Watch
- AccuCode Inc.
| Company Head: |
Kevin Price, Founder and CEO |
| Located in: |
Centennial |
| Founded in: |
1995 |
| Primary Business: |
information technology |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
41 |
| Expected FTEs in 2012: |
52 |
| Website: |
www.accucode.com |
- Amadeus Consulting
| Company Head: |
Lisa Calkins, CEO |
| Located in: |
Boulder |
| Founded in: |
1994 |
| Primary Business: |
management consulting |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
52.5 |
| Expected FTEs in 2012: |
58 |
| Website: |
www.amadeusconsulting.com |
- Aspenware Internet Solutions Inc.
| Company Head: |
Josh Swihart, President & CEO |
| Located in: |
Greenwood Village |
| Founded in: |
2001 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
22 |
| Expected FTEs in 2012: |
30 |
| Website: |
www.aspenware.com |
- Ayuda Management Corporation
| Company Head: |
Maria Vogt, President/CEO |
| Located in: |
Broomfield |
| Founded in: |
2002 |
| Primary Business: |
construction |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
3 |
| FTEs in 2011: |
34.5 |
| Expected FTEs in 2012: |
37.5 |
| Website: |
www.ayudamanagement.com |
- Best Practice Systems Inc.
| Company Head: |
Clint Waite, President |
| Located in: |
Englewood |
| Founded in: |
2001 |
| Primary Business: |
administrative and support services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
3 |
| FTEs in 2011: |
43.5 |
| Expected FTEs in 2012: |
47 |
| Website: |
www.bestpracticesystems.com |
- Bhakti Chai
| Company Head: |
Brook Eddy, Founder/CEO |
| Located in: |
Boulder |
| Founded in: |
2006 |
| Primary Business: |
manufacturing - food |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
11.5 |
| Expected FTEs in 2012: |
17.5 |
| Website: |
www.bhaktichai.com |
- Bobo's Oat Bars
| Company Head: |
Beryl Stafford, Founder/CEO |
| Located in: |
Boulder |
| Founded in: |
2003 |
| Primary Business: |
manufacturing - food |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
8.5 |
| Expected FTEs in 2012: |
9.5 |
| Website: |
www.bobosoatbars.com |
- Broad Reach Engineering Company
| Company Head: |
Chris McCormick, CEO |
| Located in: |
Golden |
| Founded in: |
1997 |
| Primary Business: |
scientific research and development services |
| Sites in Colorado: |
2 |
| Sites Elsewhere: |
2 |
| FTEs in 2011: |
53.5 |
| Expected FTEs in 2012: |
61.5 |
| Website: |
www.broadreachengineering.com |
- BuyMyTronics.com
| Company Head: |
Brett Mosley, CEO, Founder |
| Located in: |
Denver |
| Founded in: |
2007 |
| Primary Business: |
waste management and remediation services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| Website: |
www.buymytronics.com |
- Chae Organics Inc.
| Company Head: |
Linda Chaé, President/CEO |
| Located in: |
La Veta |
| Founded in: |
2005 |
| Primary Business: |
manufacturing - personal care products |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
16 |
| Expected FTEs in 2012: |
25 |
| Website: |
www.chaeorganics.com |
- comCables
| Company Head: |
Greg Greenwood, President/CEO |
| Located in: |
Denver |
| Founded in: |
1999 |
| Primary Business: |
manufacturing - low voltage systems |
| Sites in Colorado: |
4 |
| Sites Elsewhere: |
2 |
| FTEs in 2011: |
37 |
| Expected FTEs in 2012: |
39 |
| Website: |
www.comCables.com |
- Confio Software
| Company Head: |
Charlie Sander, Chairman |
| Located in: |
Boulder |
| Founded in: |
2002 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| Website: |
www.confio.com |
- Delta Disaster Services
| Company Head: |
Michael Mastous, President |
| Located in: |
Arvada |
| Founded in: |
2006 |
| Primary Business: |
construction |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
21 |
| Expected FTEs in 2012: |
28 |
| Website: |
www.trydelta.com |
- Encompass Technologies
| Company Head: |
Jonathan O'Neil, Owner |
| Located in: |
Fort Collins |
| Founded in: |
2001 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
15.5 |
| Expected FTEs in 2012: |
19.5 |
| Website: |
www.encompass8.com |
- EnergyLogic Inc.
| Company Head: |
Stephen Byers, CEO |
| Located in: |
Berthoud |
| Founded in: |
2006 |
| Primary Business: |
technical consulting |
| Sites in Colorado: |
2 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
32 |
| Expected FTEs in 2012: |
36 |
| Website: |
www.nrglogic.com |
- Erker Grain Company
| Company Head: |
Michael Erker, President |
| Located in: |
Fort Morgan |
| Founded in: |
1976 |
| Primary Business: |
agriculture |
| Sites in Colorado: |
5 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
18 |
| Expected FTEs in 2012: |
16 |
| Website: |
www.erkergrain.com |
- Executive Media Network
| Company Head: |
Benjamin Little, CEO |
| Located in: |
Lakewood |
| Founded in: |
2007 |
| Primary Business: |
advertising, public relations, and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
16 |
| Expected FTEs in 2012: |
24 |
| Website: |
www.emnworldwide.com |
- FHS Corp
| Company Head: |
Timothy Estes, CEO/Co-Founder |
| Located in: |
Greenwood Village |
| Founded in: |
2005 |
| Primary Business: |
finance and insurance |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
21.5 |
| Expected FTEs in 2012: |
30.5 |
| Website: |
www.fhscorp.net |
- Fiberforge Corporation
| Company Head: |
Jon Fox-Rubin, President & CEO |
| Located in: |
Glenwood Springs |
| Founded in: |
1998 |
| Primary Business: |
manufacturing - thermoplastics |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
22 |
| Expected FTEs in 2012: |
33 |
| Website: |
www.fiberforge.com |
- flaik Inc.
| Company Head: |
Michael Bosscher, CEO |
| Located in: |
Boulder |
| Founded in: |
2007 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
6 |
| FTEs in 2011: |
20 |
| Expected FTEs in 2012: |
25 |
| Website: |
www.flaik.com |
- Garmat USA
| Company Head: |
Johan Huwaert, General Manager |
| Located in: |
Englewood |
| Founded in: |
1988 |
| Primary Business: |
manufacturing - paint spray equipment |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| Website: |
garmat.com |
- Green Energy Corp.
| Company Head: |
Peter Gregory, CEO |
| Located in: |
Denver |
| Founded in: |
2009 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
2 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
77.5 |
| Expected FTEs in 2012: |
90 |
| Website: |
www.greenenergycorp.com |
- Hammond's Candies
| Company Head: |
Andrew Schuman, President and CEO |
| Located in: |
Denver |
| Founded in: |
1920 |
| Primary Business: |
manufacturing - food |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
93.25 |
| Expected FTEs in 2012: |
114 |
| Website: |
www.hammondscandies.com |
- HEIT
| Company Head: |
Dan Holt, CEO |
| Located in: |
Fort Collins |
| Founded in: |
2002 |
| Primary Business: |
information technology |
| Sites in Colorado: |
2 |
| Sites Elsewhere: |
2 |
| FTEs in 2011: |
93 |
| Expected FTEs in 2012: |
113 |
| Website: |
www.goheit.com |
- Innovative Water Technologies
| Company Head: |
Carmen Barker, Vice President |
| Located in: |
Rocky Ford |
| Founded in: |
2007 |
| Primary Business: |
manufacturing - water purification |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
13 |
| Expected FTEs in 2012: |
11 |
| Website: |
www.innovativeh2o.com |
- Irrigation Water Technologies America Inc.
| Company Head: |
David Hunter, President/CEO |
| Located in: |
Longmont |
| Founded in: |
2005 |
| Primary Business: |
wholesale trade |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
14 |
| Expected FTEs in 2012: |
22 |
| Website: |
www.KISSSusa.com |
- Krayden Inc.
| Company Head: |
WAYNE WAGNER, PRESIDENT/OWNER |
| Located in: |
Westminster |
| Founded in: |
1989 |
| Primary Business: |
wholesale trade |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
5 |
| FTEs in 2011: |
51 |
| Expected FTEs in 2012: |
55 |
| Website: |
www.krayden.com |
- Kutenda
| Company Head: |
Michael Cooch, CEO |
| Located in: |
Broomfield |
| Founded in: |
2009 |
| Primary Business: |
advertising, public relations, and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
36 |
| Expected FTEs in 2012: |
72 |
| Website: |
kutendaformsps.com |
- leereedy/xylem digital
| Company Head: |
Kelly Reedy, Principal |
| Located in: |
denver |
| Founded in: |
1968 |
| Primary Business: |
advertising, public relations, and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
30 |
| Expected FTEs in 2012: |
35 |
| Website: |
leereedy.com / xylem digital.com |
- Lifeloc Technologies Inc.
| Company Head: |
Barry Knott, President/CEO |
| Located in: |
Wheat Ridge |
| Founded in: |
1983 |
| Primary Business: |
manufacturing - breathalyzers |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
25.5 |
| Expected FTEs in 2012: |
29 |
| Website: |
www.lifeloc.com |
- Moots Cycles
| Company Head: |
Rob Mitchell, President/CEO |
| Located in: |
Steamboat Springs |
| Founded in: |
1981 |
| Primary Business: |
wholesale trade |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
24 |
| Expected FTEs in 2012: |
26 |
| Website: |
www.moots.com |
- Motivity Solutions Inc.
| Company Head: |
Tyler Sherman, Chief Executive Officer |
| Located in: |
Greenwood Village |
| Founded in: |
2006 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
18 |
| Expected FTEs in 2012: |
30 |
| Website: |
motivitysolutions.com |
- PACTIMO
| Company Head: |
Frank Kim, CEO, Principal |
| Located in: |
Greenwood Village |
| Founded in: |
2003 |
| Primary Business: |
retail trade |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| Website: |
www.pactimo.com |
- PharmaJet Inc.
| Company Head: |
Kathleen Callender, Founder |
| Located in: |
Golden |
| Founded in: |
2005 |
| Primary Business: |
manufacturing - medical device |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
2 |
| Website: |
www.pharmajet.com |
- Pike Research
| Company Head: |
Clint Wheelock, President |
| Located in: |
Boulder |
| Founded in: |
2009 |
| Primary Business: |
advertising, public relations, and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
3 |
| FTEs in 2011: |
25.5 |
| Expected FTEs in 2012: |
41 |
| Website: |
www.pikeresearch.com |
- Rays
| Company Head: |
Greg Rose, President, CEO, owner |
| Located in: |
Littleton |
| Founded in: |
2005 |
| Primary Business: |
health care |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| Website: |
www.rays.net |
- ShipCompliant
| Company Head: |
Jason Eckenroth, CEO/Founder |
| Located in: |
Boulder |
| Founded in: |
2000 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
28.5 |
| Expected FTEs in 2012: |
35.5 |
| Website: |
www.shipcompliant.com |
- Spinnaker
| Company Head: |
Mathew Stava, Co-Founder and Managing Principal |
| Located in: |
Denver |
| Founded in: |
2002 |
| Primary Business: |
management consulting |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| Website: |
www.spinnakermgmt.com |
- Summit Doppler Systems
| Company Head: |
Don Befort, VP Operations |
| Located in: |
Golden |
| Founded in: |
2002 |
| Primary Business: |
manufacturing - medical device |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
17.5 |
| Expected FTEs in 2012: |
18 |
| Website: |
www.summitdoppler.com |
- Syncroness Inc.
| Company Head: |
Greg Langley, CEO |
| Located in: |
Westminster |
| Founded in: |
1998 |
| Primary Business: |
scientific research and development services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
1 |
| FTEs in 2011: |
51 |
| Expected FTEs in 2012: |
63.5 |
| Website: |
www.syncroness.com |
- Synkera Technologies Inc.
| Company Head: |
Brian Sperry, V.P. & CFO |
| Located in: |
Longmont |
| Founded in: |
2003 |
| Primary Business: |
manufacturing - gas sensors |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| Website: |
www.synkera.com |
- Tandem Select
| Company Head: |
Chris Baker, CEO |
| Located in: |
Fort Collins |
| Founded in: |
1995 |
| Primary Business: |
administrative and support services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
48 |
| Expected FTEs in 2012: |
54 |
| Website: |
www.tandemselect.com |
- The Assist Group
| Company Head: |
Beverly Freedman, Owner/Founder |
| Located in: |
Lakewood |
| Founded in: |
1999 |
| Primary Business: |
health care |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
48.5 |
| Expected FTEs in 2012: |
57.5 |
| Website: |
www.assistgroup.com/ |
- The Kyjen Company
| Company Head: |
Kyle Hansen, President & CEO |
| Located in: |
Centennial |
| Founded in: |
1995 |
| Primary Business: |
manufacturing - dog products |
| Sites in Colorado: |
100 |
| Sites Elsewhere: |
|
| FTEs in 2011: |
21 |
| Expected FTEs in 2012: |
25 |
| Website: |
www.kyjen.com |
- Trada
| Company Head: |
Niel Robertson, CEO |
| Located in: |
Boulder |
| Founded in: |
2008 |
| Primary Business: |
advertising, public relations, and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
37 |
| Expected FTEs in 2012: |
100 |
| Website: |
trada.com |
- Transform Software & Services Inc.
| Company Head: |
Dean Witte, CEO |
| Located in: |
Littleton |
| Founded in: |
2004 |
| Primary Business: |
computer systems design and related services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
2 |
| FTEs in 2011: |
16.35 |
| Expected FTEs in 2012: |
22.65 |
| Website: |
www.transformsw.com |
- Travelers Haven LLC
| Company Head: |
Elia Wallen, President |
| Located in: |
Denver |
| Founded in: |
2006 |
| Primary Business: |
accommodation services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
25 |
| Expected FTEs in 2012: |
55 |
| Website: |
www.mytravelershaven.com |
- University Parent Media
| Company Head: |
Sarah Schupp, CEO/Founder |
| Located in: |
Boulder |
| Founded in: |
2004 |
| Primary Business: |
information/media |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
20 |
| Expected FTEs in 2012: |
30 |
| Website: |
www.universityparent.com |
- Vivax Pro Painting
| Company Head: |
Jeremiah Owen, President |
| Located in: |
Littleton |
| Founded in: |
2004 |
| Primary Business: |
construction |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
0 |
| FTEs in 2011: |
27 |
| Expected FTEs in 2012: |
32 |
| Website: |
www.vivaxpropainting.com |
- ZeaChem Inc.
| Company Head: |
James Imbler, President and CEO |
| Located in: |
Lakewood |
| Founded in: |
2002 |
| Primary Business: |
scientific research and development services |
| Sites in Colorado: |
1 |
| Sites Elsewhere: |
2 |
| FTEs in 2011: |
26.5 |
| Expected FTEs in 2012: |
31 |
| Website: |
www.zeachem.com |
