Future 50 Award Winner - Win #2
Posted on Fri, Jun 29, 2007
(Milwaukee, WI) Novo Group wins Future 50 Award for the second year in a row! The Metropolitan Milwaukee Association of Commerce's (MMAC) Council of Small Business Executives (COSBE) today announced the winners of the annual Future 50 awards.
MMAC/COSBE began the Future 50 program in 1980 to recognize the outstanding achievements of local, fast-growing entrepreneurs. The program recognizes privately-owned companies in the seven county region that have been in business for at least three years and have shown significant revenue and employment growth.
"The Future 50 list is often a harbinger of what's around the corner for the region's economy," said Tim Sheehy, president of the MMAC. "We're seeing encouraging signs that local, innovative manufacturers can, and will continue to, thrive here. The fact that much of their business is conducted outside the region means they are attracting outside investment into the region, growing the economic base for everyone."
Companies must submit an application to be considered for the Future 50 and meet the criteria of having local headquarters (within the seven counties of southeast Wisconsin), independent ownership and strong growth in revenue and employment.
Combined, this year's Future 50 had a total employment of 2,716 jobs and $612 million in revenue by year-end 2007-a 26 percent increase over their combined revenue for 2006.
The 2008 Future 50 companies will be recognized for their achievements at the annual awards luncheon, to be held Thursday, Sept. 18, at the Italian Community Center.
Small Business Times is the media sponsor for the Future 50 program.
For a link to the BizTimes with the full list of 50 winners click below:
http://www.biztimes.com/daily/2008/6/11/