Superior Tool Service Inc. named one of the fastest-growing private companies in America

Published
September 24, 2018 - 04:15pm

Superior Tool ServiceWICHITA, Kan. -- Superior Tool Service (STS) is No. 4787 on the 37th annual Inc. 5000, a ranking of the nation’s fastest-growing private companies.

The list by Inc. Magazine represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

STS made the Inc. 5000 for the first time with three-year revenue growth of 64 percent.

"It's an honor to make the Inc. 5000 List for the first time," said Clint Whitney, president of STS. "With our investment in new services including industrial supply and PVD coatings, we've expanded our offerings to new and existing customers alike. That trend—coupled with our unique position in the market for custom cutting tools in days versus weeks—continues to fuel our growth."

In 2017, STS expanded into a 33,000 sq. ft. facility in order to accommodate its cutting tool manufacturing, industrial supply and PVD coating divisions. The company invested $2.2 million in equipment and hired additional employees. STS shows no signs of slowing down, with even more plans to invest in the future.

“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” said Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

Related Glossary Terms

  • physical vapor deposition ( PVD)

    physical vapor deposition ( PVD)

    Tool-coating process performed at low temperature (500° C), compared to chemical vapor deposition (1,000° C). Employs electric field to generate necessary heat for depositing coating on a tool’s surface. See CVD, chemical vapor deposition.

INDUSTRY NEWS

11/21/2024
Shipments of cutting tools, according to the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (…

11/20/2024
Students in Itawamba Community College’s Precision Machining Technology program have a new toolbox, courtesy of a $20,000 grant by the Gene Haas Foundation.

11/19/2024
Flex Machine Tools, an American manufacturer and provider of machine tool solutions worldwide for metal fabrication operations, will host an Open House Event at Flex headquarters in Wapakoneta, Ohio…