Industry Headlines

Faro Named to Forbes' List

February 22, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

LAKE MARY, FL-Faro Technologies Inc., manufacturer of measurement hardware and software, has been named to Forbes Magazine’s list of America’s 25 fastest-growing technology companies.

“It is truly an honor to be listed among industry powerhouses like Google, Red Hat and Adobe,” Faro President and CEO Jay Freeland says. “The credit goes to all of our employees around the world. It’s their hard work and never-ending passion for Faro that drives our results and, ultimately, the opportunity to be recognized like this.”

In order to make the Forbes list, companies must have:
  • At least 10% annualized sales gains over the past five years.
  • Profitability over the past 12 months.
  • At least $25 million in sales over the past four quarters.
  • Thomson IBES consensus earnings forecasts of at least 10% annualized earnings growth over the next three to five years.
“Faro’s global teams give us our competitive edge,” Freeland concludes. “As we grow our revenues and expand our operations, we will continue to hire the best and brightest in order to make our customers, products and processes the best in the world, and to ensure we maintain our leadership position in this market.”

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

THE MAGAZINE

Quality Magazine

cover_image

2014 April

Check out the April 2014 edition of Quality Magazine for features!
Table Of Contents Subscribe

Manufacturing Process

Has/does news about a manufacturers’ recall (like the GM recall in the news now) cause you or your company to reexamine its manufacturing process?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png