FOR IMMEDIATE RELEASE
March 30, 2010
eFulfillment Service, Inc. honored as one of the 2010 “Michigan 50 Companies to Watch”
(Traverse City) – eFulfillment Service, Inc. has been recognized as one of the 2010 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.
Based in Traverse City, eFulfillment Service, Inc. offers product storage, order fulfillment, shipping, and returns service for over 350 ecommerce businesses.
“Working in ecommerce—a new area of the economy—for the last ten years has challenged us to innovate and evolve constantly,” says Jordan Lindberg, Executive Vice President with eFulfillment Service. “This state-level recognition of where we are and where we’re going is a huge honor.”
Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, the winning companies are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.
eFulfillment Service is being honored at an awards ceremony during the sixth annual Michigan Celebrates Small Business event on April 29, 2010 in Lansing, MI.
“Now 300 strong, the second-stage businesses that comprise the Michigan 50 Companies to Watch have not only persevered through challenging times, but also found opportunities to grow,” says Penny Lewandowski, director of entrepreneurship development at the Edward Lowe Foundation. “They continue to hire and develop new markets for their products and services. Some have attracted significant amounts of venture capital, while others have been awarded prestigious federal grants. They are making a substantial difference in their communities — and their industries. Our 2010 inductees are proof that entrepreneurs are, and always have been, the future of Michigan’s economy.”
The Michigan 50 Companies to Watch winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities.