Dankoff Solar Products, a manufacturer and importer of solar water pumps as well as a wholesale distributor of solar electric power components, achieved 927% growth in the past 4 years. Dankoff Solar Products is the only solar company to appear on the list that is mostly comprised of Computer Software & Services companies.
Dankoff Solar Products Inc., based in Santa Fe, New Mexico is ranked number 242 of the Top 500 fastest growing privately held companies in the US by Inc magazine. The ranking will appear in the magazine's special Inc 500 issue that hits newsstands
President of Dankoff Solar Products, Paul Benson, said that quality products and increasing consumer interest in renewable energy were key elements in this growth. "Our success would not have been possible without the dedication of Dankoff employees and the strong and enthusiastic partnership that has been developed with hundreds of dealers across the US and internationally".
Benson added that more people are becoming aware of the dangers to the environment from our current energy sources and are looking for environmentally friendly methods of energy production. Dankoff Solar Products has been a leader in the renewable energy industry for over 20 years and touts outstanding customer service and quality technical assistance as key elements to their philosophy for success.
Started in 1982, the Inc 500 ranks the nation's leading entrepreneurial firms according to sales growth over the previous 5 years. Former Inc 500 companies that have gone on to become household names include Microsoft, Timberland and Patagonia.
The 2002 Inc 500 reveals a surprising resiliency within the entrepreneurial sector, where leading companies are continuing to show dramatic rates of growth despite the recession.
"This is the first Inc 500 ranking to reflect the full impact of the recession" said Inc editor John Koten. "Yet these entrepreneurs are managing to confound the naysayers and move ahead despite obstacles. They're showing that smart strategies can succeed even in the toughest of times."