Helmer, Inc., of Noblesville, announced today that it will be honored as an outstanding second-stage company during the first Indiana Companies to Watch awards program, to be held Aug 27 in Indianapolis.
Companies to Watch is an awards program that celebrates Indiana privately held second-stage companies, typically those businesses which are past the startup phase, are considered to be established, and face issues of growth, not survival.
Helmer, Inc. is a manufacturer and distributor of laboratory equipment and refrigerated products for the storage and processing of blood products and high valued pharmaceuticals. Helmer has experienced a strong pace of growth while developing greater efficiencies within the manufacturing facility. It’s investment in infrastructure and providing advanced medical equipment has allowed Helmer to remain competitive in the company’s global markets. Recently increased product development capability has provided the opportunity to move products to market faster and maintain its position of market leadership.”
Companies to Watch firms must employ between six and 150 full-time equivalent employees, have between $750,000 and $100 million in annual revenue or working capital in place, and demonstrate the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage or other notable strengths.
A total of 420 Indiana companies, representing 66 Indiana counties, were nominated for the Companies to Watch program. The number of firms was narrowed down to 222 businesses, from 44 counties. From that list, 133 finalists were selected in late May.
Indiana has nearly 3,800 mid-sized companies with between $5 million and $100 million in annual sales, according to a recent Indiana Chamber of Commerce Foundation study. Those companies employed more than 386,000 workers and produced more than $55 billion in annual sales.
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Indiana Companies to Watch is a collaboration among the Indiana Economic Development Corp., through its Small Business Development Centers, Purdue University and the Edward Lowe Foundation.
This program would not be possible without the generous support of the following: New Paradigm Sponsor, KeyBank. Visionaries: Barnes & Thornburg LLP; Katz, Sapper & Miller, Ivy Tech Community College; Inside Indiana Business. Innovators: Duke Energy; Premier Capital Corporation; Stuart & Branigin LLP; Taft Stettinius & Hollister LLP; Vectren; and Indiana Business Magazine.
Established in 1977 to serve the life science market, Helmer is a manufacturer and worldwide distributor of high quality laboratory equipment and refrigerated products. For additional information, please visit www.helmerinc.com.
