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Forbes names Aquatherm as one of America’s Most Promising Companies
Written by http://www.aquathermpipe.com   
Wednesday, 07 December 2011 12:00

 

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Aquatherm, Inc. was selected as one of "America's Most Promising Companies" on Forbes magazine's exclusive list of only 100 companies nationwide. Making this distinction more impressive is that while Forbes used financial data 2008 to 2010, the polypropylene pipe company's annual revenue has more than doubled during the 2011 fiscal year.

Aquatherm, Inc., the North American partner of Aquatherm GmbH, markets and supports the German-manufactured polypropylene-random (PP-R) pipe systems which are rapidly being integrated into a huge variety of plumbing, HVAC, and industrial pipe applications throughout the U.S. and Canada.

Forbes' list of America's Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital. "Sizing up younger, privately held companies is hard: Their fortunes can change very quickly and there's a dearth of public data," said Forbes executive editor Brett Nelson.

"We took a more comprehensive approach to evaluate their health and potential." To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies.

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