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The Central New York Business Journal |
| By: Norman Poltenson | December 6, 2006 |
Explaining Fast Track 50
Fast Track 50 is a program designed to recognize the 50 fastest-growing companies in Central New York. The criteria are simple: Be an independent, for-profit, privately or publicly owned company; be headquartered or have a large presence in Central New York ; and have a four-year operating history.
We then added together each corporation's revenue and employment growth, weighting sales over employment by a factor of two to one. To get this data, The Business Journal and its media partners first solicited nominations from the business community. We then requested the accounting firm of Fust Charles Chambers LLP to review four years of financials, enter the responses, and calculate the percentage of growth.
The Business Journal recognizes the Fast Track 50 winners through distribution of over 16,000 copies of a special publication containing their company profiles and a detailed list in descending order of their growth. To be fair, the companies were divided into two groups — those with more than $10 million in annual revenue and those with less than $10 million. Further, we recognize these stellar performers at a luncheon on Dec. 6, where each will receive well-deserved accolades before hundreds of members of the business community.
Why is Fast Track 50 important? These companies are the collective engine that's pulling the area's economy. Despite the unfriendly business climate in New York State , these 50 aggressive companies continue to invest and expand. They serve as positive corporate models for the rest of us. These are the companies to watch.
The winners represent the diverse economy we find in Central New York. They include banks, high-tech companies, and old-line manufacturers. Add to this list retailers, advertising agencies, health-care providers, law firms, and engineering firms.
That's why it's important to recognize Fast Track 50. We all need to applaud those who are leading the way to our economic prosperity.
None of this, however, would have been possible without the help of our sponsors —HSBC; Fust Charles Chambers; and Scolaro, Shulman, Cohen, Fetter & Burstein — who all deserve praise for stepping up to the plate financially, because they recognize the contribution made by the area's fastest-growing companies and want to cheer on their efforts.
Join the hundreds who have already signed up for the luncheon on Dec. 6 to applaud the Fast Track 50.
And if you didn't submit a nomination this year, you'll get another chance in 2007.
GROWTH | JGB Enterprises, Inc.
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TOP RANKS: FAST TRACK 50 (Over $10 Million) | ||||||||||
Ranked by Growth Rate (%) | ||||||||||
Rank | Name Address Phone/Fax Rank Web Site and/or E-Mail | Telephone/Fax/Web Site | Growth Rate (%) | Employees | Products/Services | Key Officer | Year Estab. | |||
2002 | 2003 | 2004 | 2005 | |||||||
| 1 | Environmental Products & Services of Vermont, Inc. 532 State Fair Blvd. Syracuse, NY 13204 | (315) 451-6666/457-6652 www.epsofvermont.com | 35.9 | 53 | 58 | 83 | 103 | identification, monitoring, correction, & prevention of environmental problems | Kevin Lynch, Branch Manager | 2000 |
| 2 | Mohawk Global Logistics 152 Air Cargo Road, Suite 303 North Syracuse, NY 13212 | (315) 455-3003/455-3032 www.mohawkglobal.com | 32.5 | 23 | 28 | 33 | 40 | freight forwarder | Gar Grannell, President | 1970 |
| 3 | Sensis Corporation 85 Collamer Crossings East Syracuse, NY 13057 | (315) 445-0550/446-2209 www.sensis.com | 29 | 269 | 385 | 461 | 559 | provider of sensors, information processing, simulation & modeling, and navigation technology | Judson Gostin, President & CEO | 1985 |
| 4 | Empire Recycling Corporation 64 North Genesee St. Utica, NY 13503 | (315) 724-7161/724-0167 www.empirerecycling.com | 25.8 | 75 | 85 | 90 | 100 | recycling center for metals and paper | Steven Kowalsky, President & CEO | 1916 |
| 5 | Hand Held Products, Inc. 700 Visions Drive, PO Box 208 Skaneateles Falls, NY 13153 | (800) 582-4263/685-0049 www.handheld.com | 23.1 | 543 | 567 | 744 | 930 | mfr. of data collection and communication solutions; image-based data collection products | Kevin R. Jost, CEO | 1972 |
| 6 | Tessy Plastics Corp. 488 State Rte. 5 West Elbridge, NY 13060 | (315) 689-3924/689-7393 www.tessy.com | 20.2 | 380 | 430 | 480 | 490 | custom injection molder & assembler of medical, electronic, consumer, & bus.-machine components & assemblies | Roland Beck, President & CEO | 1973 |
| 7 | Strategic Computer Solutions, Inc. 5788 Widewaters Pkwy. DeWitt, NY 13214 | (315) 446-5555/446-3039 www.scsinet.com | 19 | 52 | 53 | 56 | 89 | IT company | James Carrick, CEO | 1977 |
| 8 | Beacon Federal 6311 Court Street Road East Syracuse, NY 13057 | (315) 433-0111/362-5636 www.beaconfederal.com | 18.7 | 85 | 92 | 85 | 99 | mutual savings association providing basic banking products | Ross J. Prossner, CEO | 1953 |
| 9 | JGB Enterprises, Inc. 115 Metropolitan Drive Liverpool, NY 13088 | (315) 451-2770/451-8502 www.jgbhose.com | 14.9 | 149 | 169 | 185 | 190 | assembler and supplier hydraulic hose, fuel, & water-systems products | Robert Zywicki, President | 1977 |
| 10 | PAR Technology Corporation 8383 Seneca Turnpike PAR Technology Park New Hartford, NY 13413-4991 | (315) 738-0600/738-0562 www.partech.com | 14.6 | 1,188 | 1,270 | 1,450 | 1,683 | provider of management technology solutions | John W. Sammon, Jr., Chairman &CEO | 1968 |
| 11 | ABC Refrigeration & Air Conditioning, Inc. 110 Factory Ave. Syracuse, NY 13208 | (315) 455-7083/455-3182 www.abcrefrigeration.com | 14.6 | 100 | 94 | 100 | 130 | sales, service, & installation of HVAC/R | Carmen Ligoci, President | 1950 |
| 12 | Barden Homes 2192 Thomas Albert Drive Tully, NY 13159 | (800) 945-9400/295-2789 www.bardenhomes.com | 14.4 | 210 | 225 | 250 | 260 | builders | Kevin Tomko, CEO Mark Barden, President | 1909 |
| 13 | Kinney Drugs, Inc. 520 East Main St. Gouverneur, NY 13642 | (315) 287-3600/287-3179 www.kinneydrugs.com | 13.9 | 1,128 | 1,323 | 1,482 | 1,678 | regional pharmacy retailer providing health-related products and services | Craig Painter, President & CEO | 1903 |
| 14 | Laboratory Alliance of CNY, LLC 113 Innovation Lane Liverpool, NY 13088 | (315) 453-7200/461-3030 www.laboratoryalliance.com | 11.5 | 300 | 307 | 325 | 349 | testing laboratory | Michael R. O'Leary, M.D., Corporate Medical Director | 1998 |
| 15 | OP-Tech Environmental Svcs., Inc. 6392 Deere Road Syracuse, NY 13206 | (315) 463-1643/463-9764 www.op-tech.us | 11.3 | 115 | 115 | 135 | 140 | environmental and industrial cleaning, spill response, contaminated site cleanup | Christopher Polimino, CEO | 1991 |
| 16 | Jay-K Lumber 8448 Seneca Turnpike New Hartford, NY 13413 | (315) 735-4475/735-0049 www.usawood.com | 10.3 | 63 | 64 | 75 | 80 | building supplies | Dean Kelly, President | 1937 |
| 17 | InfiMed, Inc. 121 Metropolitan Drive Liverpool, NY 13088 | (315) 453-4545/453-4550 www.infimed.com | 9.99 | 64 | 73 | 81 | manufacturer of digital medical imaging processors | Brian Fleming, President | 1983 | |
| 18 | Eric Mower and Associates, Inc. 500 Plum Street Syracuse, NY 13204 | (315) 466-1000/466-2000 www.mower.com | 9.89 | 175 | 170 | 207 | 212 | marketing communications agency | Eric Mower, CEO | 1968 |
| 19 | Meridian Group of New York, Inc. The Professional Offices at Mill Square 502 Court St., Suite 402Utica, NY 13502 | (315) 368-0404/368-0303 www.mghelp.com | 9.26 | 6 | 6 | 6 | 8 | employee-benefits programs, insurance, and investment services | Ross W. Kraft, President | |
| 20 | Meier Supply Co., Inc. 123 Brown St. Johnson City, NY 13790 | (607) 797-7700/797-4303 www.meiersupply.com | 9.21 | 78 | 86 | 92 | 96 | whole distributor for heating, cooling, ventilation, & refrigeration industries | Frank A. Meier, President & CEO | 1957 |
| 21 | CXtec 5404 South Bay Road Syracuse, NY 13221 | (315) 476-3000/455-1800 www.cxtec.com | 9.13 | 270 | 309 | 316 | 311 | provider of new & pre-owned networking & technology equipment | William Pomeroy, CEO | 1978 |
| 22 | Thompson & Johnson Equipment Co. Inc. 6926 Fly Road East Syracuse, NY 13057 | (315) 437-2881/437-5160 www.bobcatofcny.com | 8.43 | 115 | 110 | 114 | 118 | parts, rental, sales, svc., & leasing for material handling & compact construction equip. | George Johnson, CEO David Schneckenburger, President | |
| 23 | Barton & Loguidice, PC 290 Elwood Davis Road Syracuse, NY 13220 | (315) 457-5200/451-0052 | 8.22 | 126 | 123 | 139 | 144 | full-service, multi-disciplined engineering firm | Nicholas J. Pinto. President & CEO | 1961 |
| 24 | Seneca Data Distributors Inc. 7401 Round Pond Road North Syracuse, NY 13212 | (315) 433-1160/433-0945 www.senecadata.com | 7.8 | 106 | 126 | 132 | 144 | manufacturer of computer systems, servers, notebooks, peripherals, & network connectivity solutions | Kevin Conley, CEO | 1979 |
| 25 | Nice 'N Easy Grocery Shoppes, Inc. 7840 Oxbow Road Canastota, NY 13032 | (315) 697-2287/697-9858 www.niceneasy.com | 6.69 | 395 | 401 | 465 | 498 | convenience, food-service, fuel stores | John MacDougall, CEO | 1980 |
| 26 | Bond, Schoeneck & King, PLLC One Lincoln Center Syracuse, NY 13202 | (315) 218-8000/218-8100 www.bsk.com | 4.48 | 357 | 360 | 393 | 371 | full-service law firm | James E. Mackin, Chair, Exec. Committee & Managing Partner | 1897 |
| 27 | C&S Engineers, Inc. 499 Col. Eileen Collins Blvd. North Syracuse, NY 13212 | (315) 455-2000/455-9667 www.cscos.com | 1.64 | 288 | 278 | 285 | 289 | full-service engineering firm | Orrin B. MacMurray, President & CEO | 1968 |