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Plasticolors, Inc., Among 96 to Receive Leading EDGE Award for Value Creation in Northeast Ohio
ASHTABULA, OHIO – June 8, 2009 – Plasticolors, Inc., Ashtabula, Ohio, was among 96 Northeast Ohio companies honored at the 2009 Crain's Leading EDGE Awards on May 20 at Kent State University in Kent, Ohio. In its third year, this prestigious award was created and developed by The Entrepreneurs EDGE to recognize value-creating, middle-market companies in the region. Qualifying companies operate within the 17 counties of Northeast Ohio and generate revenues up to $750 million, a portion of which must be outside the region.
Top companies were identified based on their EBIT (earnings before interest and taxes) added to taxable employee compensation, a calculation used to determine the value that nominated companies contribute to the region.
“We are pleased to receive this award from The Entrepreneurs EDGE. It is our third year in a row to be recognized by EDGE for value creation in our region and industry,” said Scott Becker, President of Plasticolors. “This is especially meaningful in light of the challenges of today's economic climate.”
The Entrepreneurs EDGE, a 501(c) 3 non-profit organization, provides services, programs, education, civic and networking opportunities to mid-market companies in Northeast Ohio to help them grow in value. For more information about EDGE and its programs and services, contact Pam Schwaller at pam@edgef.org or visit www.edgef.org.
About Plasticolors
Plasticolors, Inc., an employee-owned company located in Ashtabula, OH, is a leading supplier of pigment and chemical dispersions to the paint, coatings, caulk, sealants and thermoset plastics industries. The company manufactures products for customers in the automotive, appliance, equipment, electrical, industrial, consumer, and construction markets. The company is ISO 9001, ISO 14001 and ISO/TS-16949 certified.