INDIANAPOLIS (Sept. 6, 12:40 p.m. ET) — Three plastics firms — DeKalb Molded Plastics, Indy Composite Works Inc. and Scorpion Protective Coatings Inc. — were recently honored with Indiana Companies to Watch awards.
The awards, presented by the Indiana Economic Development Corp., its Small Business Development Center network, Purdue University and the Edward Lowe Foundation, recognize the state's privately held businesses that employ six to 150 full-time employees and have between $750,000 to $100 million in annual sales or capital.
Companies are judged based on growth, job creation and innovation. A total of 43 companies were honored this year.
DeKalb is a Butler, Ind.-based structural foam molder. Indy Composites is an Indianapolis-based manufacturer of carbon fiber and fiberglass composites. Scorpion Protective Coatings is a Cloverdale, Ind., based manufacturer of polyurethane coatings and spray systems.