Dr. Shrink was named one of the 2012 Michigan 50 Companies to Watch, an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.
The shrink-wrap supplier will be honored at an awards ceremony May 3 during the eighth annual Michigan Celebrates Small Business Event in Lansing, Mich.
“We're grateful to be awarded with a spot on the Michigan 50,” company president Mike Stenberg said in a statement. “We're proud to be included on this list with all the other great Michigan companies. It's always an honor to be recognized for our hard work and success.”
Michigan 50 Companies to Watch is an awards program that discovers and celebrates the second-stage companies that make an impact in their markets, in their communities and in the state. Candidates must be privately held commercial enterprises with the intent and capacity for further growth.
Companies must employ between six and 99 full-time equivalent employees and have between $750,000 and $50 million in annual revenue, including working capital from investors or grants, in the 2011 calendar year.