GARRETTSVILLE, Ohio, Sept. 3 /PRNewswire/ -- Inc. magazine has ranked Northeast Ohio-based Catacel Corporation No. 2709 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. Catacel has experienced three-year sales growth of 85% and ranks No. 74 in Manufacturing on the Inc. 5000.
Catacel custom engineers and manufactures catalytic heat-exchanging materials that enable breakthroughs in production economics and energy efficiency. These materials allow customers in the fuel cell, hydrogen, gas-to-liquid, petrochemical and aerospace sectors to design smaller and lighter solutions of their own that are less costly and/or more energy efficient. Catacel completed its past fiscal year with 35% overall job growth, a 50% increase in workspace and 72% revenue growth.
The 2010 Inc. 5000 serves as a unique illustration of the profound changes taking place in the U.S. economy. Despite the fact that the measuring period (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 companies employ a record 1.4 million people, up from one million on last year's list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at www.inc.com/5000.
About Catacel Corporation
Catacel, based in Northeast Ohio, provides solutions for challenging catalyst-based applications. Using its diverse background in durable metal honeycombs, reaction design, catalytic chemistry, and large-scale production techniques, the company has engineered solutions for a diverse range of global clientele including NASA Glenn and Acumentrics Corporation. Catacel primarily serves the advanced energy and chemical industries. Catacel solutions are geared to the fuel cell, hydrogen, gas-to-liquid, petrochemical and aerospace sectors. Visit www.catacel.com to learn more.
SOURCE Catacel Corporation
For further information: Eric Knappenberger of SmileyHanchulak Marketing Communications, +1-330-666-0868, email@example.com, for Catacel Corporation