29 August 2012

Tiger Optics named to Inc. 5000 list of fastest-growing US companies

For a fourth year, Inc. magazine has named laser-based trace gas analyzer manufacturer Tiger Optics LLC of Warrington, PA, USA to its 5000 list of fastest-growing private companies in the USA. Among manufacturers on the 2012 list, the magazine ranked Tiger as the 76th fastest-growing concern, based on its percentage revenue growth from 2008 to 2011.

In the greater Philadelphia area, the magazine rated Tiger Optics as the 71st fastest-growing private firm. Nationwide, it ranks 2285th on the 2012 Inc. 500|5000.

Founded in 2001, Tiger makes laser-based environmental air monitors for continuous emissions and agricultural process control, as well as gas analyzers to monitor highly critical processes for semiconductor, high-brightness LED and gas manufacturing. With nearly 1500 units serving these applications, Tiger also supports the metrology institutes of 16 nations. The firm’s devices use continuous-wave cavity ring-down spectroscopy (CW CRDS), a patented technology developed in the early 1990s by Kevin Lehmann (then a chemistry professor at Princeton University).

Tiger makes all of its products in Pennsylvania, while over 50% of its sales occur in foreign markets. Revenue for 2011 of $10.3m was up 110% on 2008’s $4.9m. Previously, Inc. magazine named Tiger Optics to its 500|5000 lists in 2011, 2009 and 2008.

To qualify for the current list, companies must have been founded and generating revenue by end-March 2008. They also had to be US-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of end-December 2011.

Tags: Tiger Optics Gas-analyzer

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