MFG.com Named One of Georgia's Fastest-Growing Technology Companies in Deloitte's Technology Fast 50 Program
Company Attributes 1,600-Percent Revenue Growth to Profitable Customer Experiences
ATLANTA, Oct. 7, 2005- MFG.com, the world's largest marketplace for sourcing and selling custom-manufactured goods and services, has been named to Deloitte's prestigious Technology Fast 50 Program for Georgia, a ranking of the 50-fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2000-2004.
More than 43,000 buyers across the industrial spectrum (aerospace, transportation, consumer products, electronics and more) use MFG.com to source, collaborate, and receive quotes online for over 200 manufacturing processes such as CNC machining, metal stamping, forging, plastic molding, metal fabrication and metal casting.
MFG.com CEO Mitch Free credits customers' profitable experiences in the marketplace and the resulting increase in business activity for the company's 1,600 percent revenue growth from 2000 to 2004. "A large share of buyers and engineers who try our site become long-term users," said Free. "That's because of its unique ability to help them do business with new suppliers who have the expertise, credentials and capacity to satisfy their demand. MFG.com will continue to increase value-added services for both buyers and suppliers, giving manufacturing industry players additional reasons to be part of the world's largest and most active manufacturing marketplace."
MFG.com's increase in revenues of 1,600 percent from 2000 to 2004 resulted in an eighth-place ranking in the Technology Fast 50 for Georgia. The average increase in revenues over the past five years among companies who made the Technology Fast 50 for this region was 1,172 percent.
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Thomas McNulty, of Deloitte & Touche LLP in Atlanta. "MFG.com has proven to be one of the fast-growth success stories in Georgia, and we applaud their dedication to making their vision reality."
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About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.
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