Eagan Business Among the Twin Cities' Fastest Growing Companies
Intertech, based in an office along Cliff Road, was ranked 37th on the Minneapolis St. Paul Business Magazine's "Fast 50" list.
In 2009, Eagan-based Intertech, Inc.'s revenue was roughly $6 million. In 2011, the company pulled in nearly $10.2 million. Over that same timeframe, the number of individuals employed by the firm leapt from 30 to roughly 50 people.
It's the kind of growth that draws attention, and—in this case—recognition.
Late last week, the Minneapolis St. Paul Business Journal ranked Intertech 37th on its list of the 50 fastest-growing companies in the Twin Cities area. The ranking was "flattering", according to Intertech Partner Ryan McCabe.
"It says a lot about what we’ve been able to build over the years, and what we've been able to do despite the general economic conditions," McCabe said on Monday.
Founded in 1991 and led by President Tom Salonek, Intertech achieved a growth rate of 68.09 percent, according to the Business Journal.
The company hosts online software training sessions for businesses and other organizations, including Microsoft, Intel and state agencies like the Minnesota Department of Public Safety and the Minnesota Department of Employment and Economic Development, McCabe said.
But the business also acts a consultant for small- and mid-market businesses, helping them to develop software applications.
McCabe attributes the company's success to superior execution and a its ability to carve out a niche in software development and training. But much of, he added, can also be chalked up to the growth of the digital industry.
“It just goes to show who things are becoming more software driven," McCabe said. "Everybody is trying to squeeze more out of every dollar, and how do you do that? You have to do that with systems, and systems are becoming more software intensive."
To house its burgeoning employee base, the company moved late last year from a 7,000-square-foot building at 1020 Discovery Road in Eagan to a 13,000-square-foot space at 1575 Thomas Center Drive.
The new facility features six classroom training rooms equipped with Smartboards and other online training tools to support the company's software training program. The building also has a number of student lounges and a software development area.