Cadence named to Inc. 5000 list
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Published Thursday, Aug. 29, 10:13 am
Filed under Business/Economy
Cadence Inc., a leading manufacturer of precision products for the medical device and life science markets, announced today its inclusion in the annual Inc. 5000 list of the fastest-growing companies in the U.S. for the first time. The Inc. 5000 list is determined using three-year revenue growth.
Cadence is one of only six healthcare companies in VA on the Inc. 5000 list. In the last 3 years Cadence (with facilities in VA, RI & PA) has added 131 jobs and has grown 74%.
“It is an honor for Cadence to be recognized for the first time among the fastest growing companies in the United States on the Inc. 5000 list,” said Alan Connor, President and CEO of Cadence, Inc. “Our employees’ dedication and commitment to quality have allowed Cadence to earn the trust of new and existing customers, creating new business opportunities that fuel our growth.”
Complete results of the Inc. 500|5000, including company profiles and an interactive database, can be found at http://www.inc.com/5000.
Inc. 500|5000 Requirements:
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
Inc., a business magazine established in 1979, and acquired in 2005 by Mansueto Ventures LLC, is dedicated entirely to owners and managers of privately-held companies. With a total paid circulation of over 700,000, Inc. offers strategies and tools for growing entrepreneurial ventures in each of its 10 annual issues. For more information, visit http://www.inc.com/
About Cadence, Inc.
Cadence, Inc. (http://www.cadenceinc.com) manufactures the critical elements of the most complex minimally invasive surgical devices in the world. Headquartered in the Green Hills Technology Center in Staunton, Virginia, Cadence also has facilities in Cranston, RI, and Pittsburgh, PA, and over 200 total shareholders.