State Names Companies to Watch’’

July 17th, 2014

News Coverage:

July 17, 2014

News Release

Indianapolis, Ind. -- Lt. Governor Sue Ellspermann today announced that 27 companies from 12 Indiana counties have earned a place in Indianas seventh annual class of 'Companies to Watch' program.

"This year's class of 'Companies to Watch' illustrates the creativity and business skills of Hoosier entrepreneurs," said Lt. Governor Sue Ellspermann. "They are already making meaningful contributions to our economy and creating jobs in a variety of business enterprises. I congratulate them on their success and demonstrating that Indiana is 'a state that works' for small business."

Presented by the Indiana Office of Small Business and Entrepreneurship (OSBE), its Indiana Small Business Development Center, the Indiana Economic Development Corporation (IEDC), and endorsed by the Edward Lowe Foundation, 'Indiana Companies to Watch' recognizes privately held Indiana businesses that have experienced exceptional growth and well positioned for future growth. Eligible companies must have six to 150 full-time employees and have generated between $750,000 to $100 million in annual revenue or capital.

The 27 'Companies to Watch' from 12 Indiana counties were named after evaluating 50 nominations for the awards and represent industries ranging from biotech research and robotic part design to gourmet flavor manufacturing and automotive safety.

The chosen companies project to have combined revenues in excess of $233 million and create more than 242 new jobs this year. The revenue projections represent an increase of more than $77 million or 50 percent from 2013.

The 27 'Companies to Watch' will be honored at a public Aug. 20 ceremony at the Indiana Roof Ballroom in Indianapolis. Tickets for the ceremony and dinner are still available and may be purchased online at or by calling 888.472.3244.

Complete List of Companies to Watch Honorees: (Company, City, Primary Business)

Allied Payment Network, Fort Wayne, Finance and Insurance
API Alliance, Inc., Fort Wayne, Manufacturing
Bassemiers Fireplace, Patio, and Spas, Inc., Evansville, Retail Trade
Bluebridge Digital, Fishers, Information Technology
CloudOne, Indianapolis, Other Services
DoubleMap, Indianapolis, Information Technology
DuraMark Technology, Westfield, Manufacturing
Element Three, Indianapolis, Advertising, Public Relations
Flat12 Bierwerks, Indianapolis, Manufacturing
Genesis Plastics Welding, Inc., Fortville, Manufacturing
Haiku Learning, Goshen, Educational Services
Impact CNC, LLC, Columbia City, Manufacturing
inTech Trailers, Nappanee, Manufacturing
KA+A, Indianapolis, Advertising, Public Relations
Nextremity Solution, Inc., Warsaw, Manufacturing
Milhaus, Indianapolis, Real Estate & Rental
Pearl Pathways, Indianapolis, Scientific and Technical Consulting Services
Peepers, Michigan City, Retail Trade
PERQ, Indianapolis, Advertising, Public Relations
PolicyStat, LLC, Carmel, Information Technology
Red Star Contract Manufacturing, Larwill, Manufacturing
Rook Security, Indianapolis, Information Technology
RS2 Technologies, LLC, Munster, Manufacturing
Salesvue, Indianapolis, Information Technology
South Bend Modern Molding, Mishawaka, Manufacturing
Tempus Technologies, Auburn, Finance and Insurance
TLS by Design, Indianapolis, Manufacturing

About OSBE
Under the leadership of Lt. Governor Sue Ellspermann, the Indiana Office of Small Business and Entrepreneurship (OSBE) oversees the Indiana Small Business Development Center (ISBDC), the Procurement Technical Assistance Center (PTAC), and the Indiana Small Business Ombudsman. The OSBE staff helps grow the Indiana economy by assisting entrepreneurs and small businesses through programs and personal consultation. For more information on OSBE and to see how Indiana is "the state that works" for entrepreneurs visit

About the ISBDC
As part of OSBE, the ten Indiana Small Business Development Centers (ISBDC) support the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and access to a network of resources. Funding for the regional ISBDCs comes from state universities, chambers of commerce, economic development offices, mayor offices, and banks. Statewide financial support is provided by U.S. Small Business Administration, the State of Indiana and Ivy Tech Community College. Administratively, the ISBDC Lead Center is operated by the Office of Small Business and Entrepreneurship (OSBE), an agency of the Office of Lt. Governor Sue Ellspermann. To learn more about the ISBDC and to become a client visit:

About Indiana Companies to Watch
Indiana Companies to Watch is an awards program celebrating second-stage entrepreneurs presented by the Office of Small Business and Entrepreneurship, its Small Business Development Center, the Indiana Economic Development Corporation and endorsed by the Edward Lowe Foundation. Sponsors include the Barnes & Thornburg, Katz Sapper & Miller, Key Bank and Ivy Tech Corporate College.

Source: Office of Indiana Lieutenant Governor Sue Ellspermann

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