Inc. Magazine Unveils Its Fourth Annual Exclusive List of America's Fastest-Growing Private Companies - the Inc. 5000

GRAND RAPIDS, Mich., Sept. 3 /PRNewswire/ -- Inc. magazine ranked Fisen Corporation NO. 1937 in the U.S. and NO. 42 in Michigan on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy: America's independent-minded entrepreneurs. Music website Pandora, 7-Eleven, and Lifelock are among the prominent brands featured on this year's list.

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"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

Fisen Corporation was founded in 2004, and has quickly grown to become the industry leader in HVAC (Heating, Ventilating, and Air Conditioning) equipment customization. "Our ability to customize standard Johnson Controls HVAC equipment to meet non-standard applications has been a very successful business model because it saves valuable construction dollars," says Chris Beggs, Vice President. "Our market strategy and resulting company growth has enabled us to expand our engineering and manufacturing capabilities beyond what we originally thought possible," states Chris Bloch, President and CEO of Fisen Corporation. He continues, "We are both proud and fortunate to be a part of a company of great people that is focused on customer service and innovation, which has allowed us to grow a manufacturing company in Michigan despite these tough economic times."

Despite the fact that most of this year's measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. This year's Inc. 5000 employ a record 1.4 million people.

Complete results of the Inc. 5000, including company profiles and an interactive database can be found on www.inc.com/5000.

The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009.

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SOURCE Fisen Corporation