Release Date: November 09, 2007
MAUMEE, OHIO - Construction management firm TolTest, Inc. earned the number-one spot on the 2007 List of the 200 fastest-growing U.S. architecture, engineering, and environmental consulting firms. The ranking was awarded by management consulting and research firm Zweig White Information Services, creators of The Zweig Letter Hot Firm List. This annual list features the design and environmental firms that have outperformed the economy and competitors to become industry leaders.
TolTest has experienced considerable growth in the last 4 years. Contributing to this growth since 2003 was the award of several major international construction and environmental services contracts for the Department of Defense (DoD) including the US Air Force, Army, and Navy. TolTest has also achieved an increased market share in the commercial construction industry through its Design/Build Division.
The Zweig Letter 2007 Hot Firm List is based on gross revenue for both fiscal year 2003 and fiscal year 2006, as verified by financial statements or income tax returns reviewed by third parties. The list is limited to firms based in the US and Canada deriving the majority of their revenue from the practice of architecture, engineering, planning, environmental consulting, or allied disciplines. Design/build firms are also eligible. Only firms that were in business as of January 1, 2003, and had 2003 revenue of $1 million or greater, were eligible. Firms were ranked from first to last based on percentage growth and dollar growth. Dollar growth and percentage growth were weighted equally to give both small and large firms an opportunity to make the list. Each firm's two rankings were added together, and the 200 firms with the lowest combined rankings comprise the list.
Other firms placing in the top 5 of The Zweig Letter 2007 Hot Firm List are:1. TolTest, Inc., Maumee, OH
3. NELSON, Philadelphia, PA
2003 revenue: $11,638,534
2006 revenue: $63,887,382
4. ENTACT, Grapevine, TX
2003 revenue: $34,999,069
2006 revenue: $131,551,468
5. The Lawrence Group, St. Louis, MO
2003 revenue: $12,753,115
2006 revenue: $56,414,725
TolTest is an award-winning DoD contractor headquartered in Maumee, Ohio, employs 386 associates, and has CONUS locations in California, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Michigan, Nevada, New Jersey, New Mexico, North Carolina, South Carolina, Texas, Washington, Wyoming, and OCONUS locations in Afghanistan, the Azores, Guantanamo Bay (Cuba), Guam, Iraq, Japan, Kuwait, Qatar, South Korea, and Spain. Services include asbestos & lead abatement/demolition; bulk fuel services; construction; design/build; environmental consulting & remediation; general contracting; operations & maintenance (O&M); site engineering; telecommunications installations; transportation and disposal; underground/above-ground storage tank management, removal & installation; and value engineering.