Feb. 28, 2013: Forbes Names Aquatherm One of America’s Most Promising Companies for Second Straight Year
LINDON, Utah — For the second consecutive year, Aquatherm has earned a position on Forbes magazine’s annual ranking of America’s Most Promising Companies, a list of “100 privately held, high-growth companies with bright futures.” Aquatherm debuted on the list at No. 76 in 2012; this year the polypropylene pipe company was No. 97 — and it was the only building industry company.
For the Most Promising list, Forbes looked at a number of variables and reviewed thousands of applications. The final assessment was based on growth (both in sales and hiring), quality of management team and investors, margins, market size, and key partnerships.