[bold[ DryCorp is a North Carolina Company to Watch!
DryCorp is Heading Straight to the Top! [/bold]
CED Names their Top 25 Winners of 2011 North Carolina Companies To Watch
Wilmington, NC (August 2011) — DryCase was announced as one of the top 25 companies in North Carolina to Watch by CED. CED is a private, nonprofit organization that promotes entrepreneurial efforts in North Carolina. The awards are for up-and-coming companies, honoring growth-stage entrepreneurial companies that demonstrate high performance in the marketplace, exhibit innovative products or display other unique qualities that make them “worth watching.”
This North Carolina Companies to Watch program recognizes the impact that second-stage, entrepreneurial companies make on the marketplace and on the economy. DryCorp and the other 24 winners will be honored at an awards ceremony September 21st in Bay 7 at the American Tobacco Campus in Durham. Gerald Owens, anchor/reporter for WRAL-TV, will emcee the event.
“These companies exemplify the entrepreneurial spirit that leads to success in the marketplace even during challenging economic times,” said CED President Joan Siefert Rose. She noted that these companies collectively grew revenue by an annual rate of 32 percent between 2007-2010, and added jobs at an annual rate of 36 per cent during the same period. “CED is proud to recognize the accomplishments of all our 25 winners and their significant contributions to our state’s economy,” Rose said.
CED’s North Carolina Companies to Watch is partnership with the Edward Lowe Foundation and is made possible through the support of title sponsors Cherry Bekaert & Holland and Wyrick Robbins Yates & Ponton. “Our research confirms that second-stage companies are the champions of sustainable job creation,” says Penny Lewandowski, director of entrepreneur development at the Edward Lowe Foundation. “They are continuously adding employees, creating 5, 10 or 15 jobs each year. When you look at the cumulative effect of this type of job creation, it is significant, making these companies powerhouses when it comes to economic growth. And, in addition to keeping people employed, second-stagers are setting trends in innovation and discovery. Recognizing and serving them is a key economic development strategy,” Lewandowski said.
The North Carolina Companies to Watch were selected from an initial pool of more than 200 nominees from across North Carolina. As a winner, DryCorp represents the geographic regions of North Carolina as well as different sectors of the economy.
For more information and to find a retailer, please visit www.DryCASE.com, www.DryCorp.com or call 1-888-6000-DRY.
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