Business & Tech

Two Burnsville Businesses Ranked on Inc. Magazine's High-Growth List

Innovative Office Solutions and EAC Product Development snagged spots on Inc. 5000, a yearly ranking of U.S. business.

Two Burnsville companies got some national recognition last week when they were included on on Inc. Magazine's prestigious list of the 5,000 fastest-growing private companies in the country.

Thanks to their dramatic growth rates, EAC Product Development and Innovative Office Solutions landed rank #3540 and #1744, respectively. This is not the first time that IOS' double-digit growth rates have caught the attention of the business press. Earlier this month, IOS

Here's how the two stack up, according to Inc. Magazine: 

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INNOVATIVE OFFICE SOLUTIONS

Founded: 2001
Ranking: 1744 of 5,000
Three-Year Growth: 163 percent
Jobs Added Over Previous Three Years: 35
2008 Revenue: $16.2 million
2011 Revenue: $42.7 million
About: IOS offers office supplies, print services and furniture. 

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• EAC PRODUCT DEVELOPMENT

Founded: 2001
Ranking: 3540 of 5,000
Three-Year Growth: 52 percent
Jobs Added Over Previous Three Years: 2
2008 Revenue: $8.9 million
2011 Revenue: $13.5 million
About: EAC provides product development services to manufacturers, academic institutions, and engineering and design organizations. Services include industrial, mechanical, and electrical design, structural analysis, modeling, prototyping, and process consulting.IOS offers office supplies, print services and furniture. 


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