Entrepreneur magazine in October named three Alabama companies to its annual listing of the 360 top companies “mastering the art and science of growing a business.”
Huntsville-based systems engineer Torch Technologies is placed #8 on the Entrepreneur 360 list for 2019. At #29 is R2C Inc., a Huntsville engineer certified as a Service Disabled-Veteran Owned Small Business, and #270 is Fairhope-based Altaworx LLC, a Voice over Internet Protocol business telephone systems operator that operates in the BellSouth Business Partner Program.
Torch Technologies, an employee-owned company working primarily in the defense and aerospace sectors, was ranked by Entrepreneur #11 in 2018 and #16 in 2017.
The magazine says it evaluated companies based on 50-plus data points organized into five categories: revenue and customers, management efficiency, innovation, financial evaluation and business valuation.
Torch Technologies was featured in “Defense Contractor Attains Employee-Owned Propulsion,” in our most recent focus on privately owned companies, in the July issue of Business Alabama.