Awards Announced at Chamber’s 32nd Annual Summit
CHARLESTON, SC – December 5, 2011 – SCRA, a leading applied research andtechnology services company in South Carolina, today announced itsreceipt of the SC Chamber of Commerce’s 25 Fastest Growing Companiesaward. SCRA was the 9th fastest growing company in the state andreceived the recognition at a ceremony at the Chamber’s annual meetingin Wild Dunes.
In Fiscal Year 2011, SCRA’s revenues totaled more than $195 million,up 13 percent from FY10. The record revenues plus a backlog of $405million indicate strong, continued future growth. Since 2005, SCRArevenues have grown from $74 million to $195 million.
“We are delighted to have received this distinct honor,” said SCRACEO Bill Mahoney. “SCRA continues to grow steadily, and our growth has atremendous impact on South Carolina’s Knowledge Economy – bringingforth high-paying, technical jobs and innovative technologies in ourstate. I would like to thank our employees for their hard work anddedication to the company, and I congratulate our clients, partners andstakeholders who join us in receiving this prestigious distinction.”
The Top 25 Fastest Growing Companies rankings, presented by TheCapital Corporation, began in 2002 and are determined using a weightedequation tied to increases in gross revenues and full-time employment.Other sponsors of the event were Dixon Hughes Goodman, LLP andIntegrated Media Publishing (publisher of Greenville Business Magazine,Pee Dee Business Journal and Columbia Business Monthly). The SC Chamberof Commerce continued in their role as associate sponsor.
SCRA is an applied research company with over 28 years of experience indelivering technology solutions with high returns on investment tofederal and corporate clients. Our Applied R&D division manages over100 national and international programs worth $1.5 billion in contractvalue, and our technology-based economic development division helpsearly-stage companies to commercialize innovations and create jobs. Insupport of our mission, SCRA builds and manages research facilities thatinclude wet labs, secure rooms for sensitive work and advanced,high-tech manufacturing shops.