Orrville, Ohio- Congratulations to Ventrac for another well earned award. It is a great pleasure to announce Ventrac as the recipient of the Cascade Capital Corporation Business Growth Award for 2010. Selected from a seven-county wide area, this award recognizes companies that have achieved superior growth in sales over the past five years.
Ventrac received this noteworthy achievement in the category of manufacturing based on exemplary growth in its export markets.
Growth in exports has allowed Ventrac to steadily expand as a company as well as provide a diverse customer base. Over the past five years, Ventrac has experienced an increase of 87% in global sales, helping to boost the company’s overall revenues. Though Ventrac serves markets in eight countries, Sweden, Japan and Canada are the top three countries of export.
Ventrac found support in state and federal organizations as they developed and expanded beyond the domestic market. The Ohio Department of Development and International Trade Division have assisted Ventrac on the state level, where the U.S. Department of Commerce provided additional market research, trade leads and seminars for added resources into foreign markets.
As Ventrac heads into the future, international sales will continue to be a significant part of the company. With a focus on producing innovative quality products for both the domestic and global markets, Ventrac is recognized as a company making a positive influence while gaining worldwide recognition.