ST. LOUIS (March 17, 2014) - TDK Technologies, a technology company based in St. Louis, Missouri, has been named to Inc. Magazine's 'Build 100' list, a group of U.S. businesses who have managed to maintain consistent growth and increased employment for five consecutive years.
Beginning with, and studying 22 million establishments, less than .01% exhibited at least five consecutive years of job growth - the only statistically significant predictor of a company's ongoing success, according to Inc. Magazine.
TDK Technologies is among this elite class of smart, strategic growth companies that also include HubSpot, Fractal Analytics and Coyote Logistics, among others.
"We are proud and grateful to be included in the Inc. Build 100," said David Kocs, Principal at TDK Technologies. "This recognition for five continuous years of sustained growth is the essence of our culture and philosophy to be a long-term partner with our clients, who have trusted us with their future growth. Our growth in employment is an important contributor to our client relationships that we strive to build and grow every day, representing a sense of stability to our clients, employees and business community. We are proud to have added jobs in each of the last five years and we plan on continuing this, a feat worth celebrating in any economic climate."
"72 percent of all new U.S. jobs are created by 1 percent of companies," says Inc. economist-in-residence Gary Kunkle. "The Build 100 represents that top 1 percent of that 1 percent. They should be celebrated but they must also be studied so that we can better understand - and replicate - the decisions, priorities, investments and strategies that helped them grow."
Placing a high value on employees is one key attribute that TDK Technologies shares with other companies on the Build 100 list. Their growth in people and talent along with customer service and technical expertise are factors that they attribute to their competitive advantage and success as a company.
Inc. unveiled the Build 100 list in its March 2014 issue and on its affiliate website TheBuildNetwork.com in early 2014.
TDK Technologies Principal, Kristin Tucker, stated that, "Yes, this is quite an honor. We work very hard at taking care of our growing list of customers. Our employee growth contributes to the overall increase in St. Louis market based jobs. We are pleased and honored to provide excellent job opportunities and support the local economy."
TDK Technologies has the distinction of being the only Missouri company on the list.
About The Build Network
Founded in 2011 by two longtime editors of Inc., The Build Network is a management enterprise within Inc. that studies and serves sustained-growth companies with a special quarterly print section, a dynamic web site, live events, research endeavors and The Build 100 index of sustained-growth companies. For more information about the Build 100 list, visit http://www.inc.com/magazine/201403/scott-leibs/sustained-growth-predicts....
To access the list, visit http://www.inc.com/build100/index.html, or pick up a copy of the March edition of Inc. Magazine.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.
About TDK Technologies
TDK Technologies, LLC is a woman-owned business enterprise (WBE), established in 2001, with over 100 team members located in the St. Louis metropolitan area. TDK Technologies provides information technology based e-commerce, business process and system solutions for businesses through either staff augmentation or outsourced solution delivery. For more information about TDK Technologies, visit http://www.tdktech.com.