FOR IMMEDIATE RELEASE
Contact Information: Mike Kasatkin, Marketer, email@example.com, (586) 791-4120
Katech Inc. Honored as One of the 2012 “Michigan 50 Companies to Watch”
(Clinton Twp.) – Katech Inc. has been recognized as one of the 2012 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.
Katech Inc. will be honored at an awards ceremony during the eighth annual Michigan Celebrates Small Business event, May 3, 2012 in Lansing, Mich.
Katech is a global manufacturer of performance engines. Specializing in professional racing, Katech offers a full spectrum of services ranging from innovative CAD/CAM design to prototyping, testing and manufacturing engines that meet customers’ strictest requirements.. Katech engines are also well suited for motorcycle, marine, military and industrial purposes. Made famous by the GM Corvette Racing team, Katech engines have powered legends A.J. Foyt, Dale Earnhart, Dale Earnhart Jr., Jimmy Johnson, Johnny O’Connell, and Ron Fellows and hold top honors from IROC, Trans-Am, IRL, ALMS, SCCA Pro, Grand-Am, FIA GT. Katech received the “Global Motorsports Engine of the Year” in 2006 and the NASCAR “Engine Builder of the Year” award from 1995 to 1997 and. Founded in greater Detroit (Michigan, USA) in 1977, Katech enjoys proximity to clients including General Motors and other manufacturers. More passion, more power: www.KatechEngines.com
Stephen Chue, President and Technical Director of Katech said, “We have had great success in winning some of the most prestigious races in autoracing around the world, it is a great honor to be recognized by a panel of business and financial experts as one of the 50 second-stage companies to have the right elements to grow and contribute to the local community.”
Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Katech Inc. are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.
Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, industrial and venture capital communities.
Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business.
Founding underwriters are PNC Bank, Michigan Certified Development Corporation, Michigan Economic Development Corporation, Accident Fund Insurance Company of America and Dynamic Edge, Inc.
Contributing Underwriters are DTE Energy Foundation, Comcast Business Class, Comcast Spotlight, Varnum Attorneys at Law, Michigan Credit Union League & Affiliates, Huntington and DBI Office Interiors.
Michigan Celebrates Small Business was founded by the U.S. Small Business Administration, Michigan Economic Development Corporation, Michigan Small Business & Technology Development Center, Edward Lowe Foundation, Greater Lansing Business Monthly and Small Business Association of Michigan
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