CHICAGO--(BUSINESS WIRE)--For the third time, Advanced Technology Services, Inc. (ATS) has made Inc. Magazine’s Inc. 500|5000 list of the fastest–growing private companies in America. ATS continues to expand with current and new customers both domestically and abroad as an organization dedicated to making factories run better for some the world’s most successful companies.
Jeff Owens, President of ATS, states “We are thrilled to be included in the Inc. 500|5000 for the third time. ATS’ growth is being fueled by many favorable industry conditions including the need for manufacturers to eliminate waste in their manufacturing processes and the need for the highly skilled workforce that ATS employs.”
ATS has grown over 25 percent over the past year and has recently expanded its presence in the Chicago area with a new office in Schaumberg to handle its’ increased IT Services business. With this recognition by the Inc. 500|5000, Advanced Technology Services joins the rarified group of enterprises that have appeared on the list on the list multiple times, many of which have grown to become national icons.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Advanced Technology Services:
ATS makes factories run better. Advanced Technology Services (ATS) improves the productivity and profitability for many of the world's most respected manufacturers through the managed services of production equipment maintenance, information technology and spare parts repair. Born out of the need for American manufacturers to remain competitive in a fast changing global economy, ATS is the recognized leader in outsourced production equipment maintenance. ATS is headquartered in Peoria, IL with offices located in Greenville, SC, Chicago, IL, Detroit, MI, Monterrey, Mexico and the United Kingdom. For more information, visit www.AdvancedTech.com.