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Thursday, Mar 28, 2024

Valley Home to Two Fastest Growing Companies

Two Valley businesses have been named among the top 100 fastest-growing businesses in the U.S. by FORTUNE Small Business magazine. For Trio-Tech International of Van Nuys, ranked 48, this is the second year it has been on the list. Last year it came in at number 20. Trio-Tech (AMEX:TRT) has more than 600 employees and had a net income of $3.3 million on revenues of $46.8 million in 2007. The company provides third-party semiconductor testing and burn-in services and manufactures and markets testing equipment and systems. Iris International of Chatsworth is one of the Business Journal’s Valley 50 companies and debuts on the FORTUNE list as number 80. Iris (NASDAQ:IRIS) has more than 300 employees and earned a net income of $7.6 million on revenues of $84.3 million in 2007. The company makes automated in-vitro diagnostics systems and consumables for use in hospitals and commercial laboratories worldwide

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