Beneteau was recently named one of South Carolina's 25 fastest-growing companies.
It was recognized by the Capital Corp. investment bank, Scott and Company accountants and Columbia Business Monthly & Greenville Business Magazine, sponsors of the survey.
“This nomination is, of course, a great honor, but also an incredible reward for our team,” Beneteau VP of operation and manager of the Marion-based plant Gerard Martineau said in a statement. “It is the proof of our resilience and the unfailing loyalty of our employees. We remain very proud of our 30-year tradition of boatbuilding in the U.S. Despite several years of economic turmoil we’re now seeing positive signs again in the recreational boating industry and optimistically look forward to the growth ahead.”
Eligible companies were required to be based in South Carolina, to have been in operation for at least three full fiscal years and to have reported revenue of at least $3 million ($50 million in assets for financial institutions) in the most recent reported year.
Company rankings were based on the three most recently completed fiscal years at the time of nomination. Nominees were judged on financial growth and employee growth during the three-year period 2009, 2010 and 2011.
“For its 11th edition, our competition recognized the achievements of top-performing private and publicly owned companies that have contributed to South Carolina's economy through exceptional increases in revenues and employment,” Cristina Schleifer of Capital Corp. said in a statement. “We had once again a very strong field, and with many new entrants, which is a testament to the vitality and growth of the South Carolina economy.”