Two Local Manufacturers Named ‘Fastest Growing Companies in America’ by Inc. Magazine
Columbia City -
Locally based Impact CNC, LLC, a production machining company, and trailer manufacturer Novae Corporation, were recently named to Inc. Magazine’s list of ‘5,000 Fastest Growing Companies in America.’
Impact CNC is located at 1380 S. Williams Drive in Gateway Industrial Park, and also has a second location at 802 E. Short Street in Columbia City. The company shares ownership with PDQ Tooling, which designs and manufactures custom indexable cutting tools for the production machining industry, and PDQ Workholding, a manufacturer of hydraulic fixtures and workholding solutions for the CNC machining industry.
Impact CNC was not only named one of the Top 5,000, it was ranked number 50 on the list, and the second fastest-growing privately held manufacturing company in America.
“Whitley County has been a great place to grow our business, having plants in both Whitley County and the City of Columbia City has provided the opportunity to work with both City and County officials, and their desire to help business succeed is second to none,” said Impact CNC Chief Operations Officer Dwight Busche, “We are proud to call Columbia City and Whitley County our home and will continue to provide growth opportunities and good corporate citizenship.”
Just a few months ago, Impact CNC announced it was investing $5.3 million to expand its operations at both facilities in Whitley County. From this project, the company will add 19 new jobs.
“Impact CNC has been and continues to be one of our local companies that provides good paying jobs to our local residents and supports the continued growth of our community,” said Whitley County Economic Development Corporation President Jon Myers, “At number 50 on the list, Impact CNC is in the top one percent of fastest growing companies in the entire U.S., which proves that in Whitley County people have the opportunity to grow their businesses and achieve their dreams.”
Inc. Magazine describes the privately held companies on its nationwide list as “The 5,000 superheroes of the U.S. economy…wielding powers like strategy, service and innovation.”
Along with Impact CNC, local business Novae Corporation also made the list. Novae was established in 1995 in Markle, Indiana, and has become one of the largest trailer manufacturers in America – known for its Sure-Trac trailers. In 2013, Novae expanded its operations to Whitley County, and completely renovated the former Dana facility on Ellsworth Street in Columbia City. Since then, the company has continued to grow. Novae was first named a fastest-growing privately held company by Inc. Magazine in 2006, and has made the list each year since then.
“Hosting these great businesses in our community has continued the pattern of private-sector growth that is occurring in our community. Columbia City looks forward to continuing the economic success and partnering in the future growth of these and other innovative companies,” said Mayor Ryan Daniel.