Quakertown, PA, August 17, 2019 – For the second time, Demco Automation has been recognized on the “Inc. 5000” ranking of the fastest-growing private companies in the U.S. The Pennsylvania-based company is ranked NO. 4469 with:
• 66% Growth over 3 years
• 1 of only 181 manufacturers nationwide
• 1 of only 12 manufacturers in Pennsylvania
“We are 500+ positions higher in this year’s ranking when compared to the first ranking in 2014, a validation our very healthy growth, says Stephen Maund, President & CEO of Demco Automation. “As we expand our installation base, our team continues to maintain its focus on quality, customer service, and technology innovation.”
Since their previous ranking, the company has moved to a larger facility to meet customer orders and hired new team members. Most recently Demco Automation was selected as an authorized Epson Robot AutoElite Integrator. Espon America states that it selects authorized robotics integrators based on their automation experience, technical competency, and Epson Robots portfolio expertise.
Maund continues, “As the industrial automation market expands, it is our goal to continue providing the best combination of industrial automation platforms, tooling, and precision robotics in the industry.”
About Demco Automation
Demco Automation is a leading supplier of flexible, cost-effective and low-risk automated manufacturing systems for technology-based industry sectors. The company has grown to service customers throughout the Americas, Europe, and Asia. Known for its ability to build scalable and modular automation systems and robotics, Demco designs and manufactures all products within its Quakertown, PA facility. Customers include manufacturers of medical devices, aerospace, electronics, automotive, consumer products, commercial/industrial products, semiconductor, pharmaceutical, and bio-technology.
More about Inc. and the Inc. 5000 Methodology
Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2018. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There were 12 ties on this year’s Inc. 5000. The full listing of the Inc. 5000 can be found at https://www.inc.com/inc5000/2019/top-private-companies-2019-inc5000.html
Demco Automation’s ranking can be found at http://www.inc.com/profile/demco-automation
