'2018 Florida Companies to Watch' Announced - Winners to Include Germfree

Thursday, September 27, 2018 General News
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50 companies have been chosen as '2018 Florida Companies to Watch', including Germfree, a manufacturer in the healthcare and biotech sectors.

ORMOND BEACH, Fla., Sept. 27, 2018 /PRNewswire-PRWeb/ -- GrowFL has announced that Germfree is among the winners of the

'2018 Florida Companies to Watch' award. This statewide competition identifies standout companies expected to see significant growth over the next several years. 50 companies were selected from more than 500 nominees by the economic development organization GrowFL, in association with the Edward Lowe Foundation. Nominees were evaluated on many factors including: strength in leadership, competitive market position and innovation in technology.

"The 50 honorees represent a diverse range of second-stage companies from 20 Florida counties," said Dr. Tom O'Neal, Executive Director of GrowFL. "While some of these businesses are fairly new, others are well-established. All demonstrate an entrepreneurial style that promotes steady growth. For example, Germfree is a Volusia County manufacturer that was established in 1962. Technological innovation and expansion into the biotech sector has allowed this company to grow and create jobs for their region."

Germfree is a global manufacturer of facilities and equipment for applications in healthcare, laboratory research, biotech and biopharma. The company recently launched BioGO, an advanced line of on-demand mobile and modular cleanrooms and lab space. BioGO will cultivate substantial growth in the biotech sector, especially as precision medicines such as cell and gene therapy continue to advance. Current and emerging markets drive the company's success as a major international exporter and employer in the region. Germfree is also recognized as a leading technological innovator in Florida.

"Germfree is honored to be recognized as one of the 2018 Florida Companies to Watch," said Kevin Kyle, President of Germfree. "Our product innovations, engineering expertise, and manufacturing excellence allow us to deliver high-tech cleanrooms and equipment to both domestic and international markets. Our growth path is enabled through focus on our customers and our people."

The company's continued growth has a considerable financial impact on the region. This includes the creation of highly valued jobs and the expansion into a 173,000 square foot facility.

"The City of Ormond Beach is proud to have Germfree in the community. Their commitment to innovation, quality, and to customer satisfaction propels them to lead the pack in their industry and sets the stage for future success," said Brian Rademacher, Economic Development Director, City of Ormond Beach.

"Germfree epitomizes the entrepreneurial spirit that is alive and well in Volusia County, and clearly demonstrates the potential for companies to succeed in our area when the leadership team has a commitment and a passion toward profitable growth over a sustained period of time", said Rob Ehrhardt, Volusia County's Economic Development Director. "Also, Germfree's rapid growth is based, in part, on the inclusion of an export component in their business plan - this investment over many years reflects a keen understanding of the fact that 95% of the global customer base lies outside the continental United States."

According to GrowFL, the 50 honorees generated nearly $1 billion in revenue and added nearly 1,000 jobs between 2014 and 2017. "This is a strong group of companies that deserve this special recognition given annually to the state's top second-stage companies," said Dr. Chris Morton, GrowFL Chairman and CEO of NanoPhotonica. Second-stage companies are defined as those with 6 to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many programs and incubators promoting start-up businesses; GrowFL is the only Florida program that focuses exclusively on second-stage companies. An awards ceremony will be held February 9th, 2019.

About Germfree: Germfree is a global manufacturer of life science equipment and facilities. The Florida-based company was established in 1962 to provide aseptic control and biosafety systems. Germfree later pioneered many technologies for mobile and modular cleanrooms and laboratories. Further innovations led to the BioGO™ Fast-Track Adaptive Platform developed to deliver advanced bioprocessing suites to meet the requirements of the biopharma industry. Leading-edge fabrication technology, engineering teams and subject-matter experts are located at the company's 173,000 square-foot manufacturing plant. Website: http://www.germfree.com

About GrowFL: GrowFL provides strategies, resources and support, including strategic research and peer-to-peer CEO mentoring and leadership development, to second-stage Florida companies. Created by the Florida Legislature in 2009 and grounded in the philosophy of Economic Gardening® — growing existing businesses in a community, region or state — GrowFL is a critical component of the state's economic development strategy and Florida's entrepreneurial ecosystem. GrowFL is certified by the National Center for Economic Gardening through the Edward Lowe Foundation. Website: http://www.growfl.com

About the Edward Lowe Foundation: Established in 1985, the Edward Lowe Foundation is a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs, which are delivered through entrepreneur support organizations (ESOs). The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. Website: http://www.edwardlowe.org

 

SOURCE Germfree



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