Torch Technologies Makes INC Five Years in a Row

Huntsville, AL - AUG 23, 2011

 

Torch Technologies is pleased to announce that it has again been listed on the Inc5000 list. The 2011 INC5000 List was released August 23 with Torch Technologies placing at #1798 overall. This is the fifth consecutive year Torch has placed in the Inc5000.

 

Torch Technologies Selected As Winning Workplace

Huntsville, AL - May 23, 2011

 

Torch Technologies is pleased to announce that it has been selected by Inc. magazine

and Winning Workplaces as a winner in the 2011 Top Small Company Workplaces competition-an annual contest that recognizes the nation's best small and mid-sized company work environments.

 

Inc. magazine's June issue will feature the contest's 50 winners. Torch is the only Alabama based company selected as a winner this year. Winning Workplaces and Inc. received nearly 350 completed applications for the contest. A national panel of experts in leadership and small to mid-sized business judged the finalists. Selections were based on specific metrics and qualitative assessments of the finalists' success in creating the kind of workplaces that engage employees and deliver bottom-line results. "We are very pleased to receive this recognition from Inc. and Winning Workplaces, particularly since this award recognizes companies that value their employees and engage them in a way that ensures successful results for the company and the delivery of superior services to our customers", stated Bill Roark, Torch Technologies CEO. "This year's winning firms distinguish themselves in so many ways," asserts Ken Lehman, chairman of Winning Workplaces. "They are steadily growing their revenues, often outperforming their industries; have identified niches where they add unmatched value; and are guided by strong missions and values. And, they make no secret of the fact that a key driver behind their success is their engaged and committed workforces." "These firms represent some of the finest privately held companies in the world," states Bob LaPointe, president of Inc. "Their stories, appearing in the June issue of Inc., clearly demonstrate that taking an innovative approach to creating the right culture-one in which human capital is embedded in a company's value proposition-can create real competitive leadership. Each of these Top Small Company Workplaces offers an environment in which people flourish and, as a result, profit follows."

 

 

Torch Technologies Wins the North Alabama BBB Torch Award

Huntsville, AL November 19, 2009

Torch Technologies was nominated for and won the coveted North Alabama BBB Torch Award for Marketplace Ethics in the Large-size company category for 2009.

Presented annually, the BBB Torch Award honors businesses that demonstrate exceedingly high standards of behavior toward customers, employees, suppliers, shareholders and communities; adherence to truthful and honorable advertising and sales practices; and, an earned reputation for noteworthy contributions to their industries and the communities in which they do business.

The Torch Award is designed to promote not only the importance of ethical business practices, but the willingness and efforts made by outstanding businesses to ensure that our country's marketplace remains fair and honorable for all Americans.

A company should demonstrate its commitment to high ethical standards of behavior and provide documentation in the following categories:

 

Management Practices.

• Customer/ Vendor/ Supplier/ Shareholder Relations.
• Marketing/ Advertising/ Communications/ Sales Practices.
• Reputation within Industry and Community.

Torch Technologies is the only company to repeat as a Torch Award Winner having also won this award in the mid-size business category in 2005.

 

Winner! "The Principal 10 Best Companies for Employee Financial Security".

Huntsville, Alabama, August 23, 2008: By providing financial security in what some are calling a recession, Torch Technologies, based in Huntsville, has earned national acclaim for standing by its employees.

An independent judging panel of employee benefits experts named Torch Technologies as one of the 2008 winners of The Principall 10 Best Companies for Employee Financial Security; for its generous retirement and profit-sharing plans.

"At a time when many employers are challenged to maintain strong benefits, Torch Technologies is demonstrating a rock solid commitment to give its employees an edge on their financial futures," said Renee Schaaf, vice president at the Principal Financial Group. "Torch Technologies understands that benefits are more than a cost, they are an investment in any organization's greatest asset: its employees. We are proud to showcase Torch Technologies as an exceptional role model."

The Principal Financial Group sponsors the national program, which is now in its seventh year. It honors growing companies for their commitment to their employees' financial security.

"The judges were really impressed with how much Torch Technologies puts into its retirement plans; especially the very high benefits offered through their Employee Stock Ownership Plan," said Corey Rosen, executive director and founder, National Center for Employee Ownership, and judge of The Principal 10 Best Companies. "We were also, of course, impressed with their very comprehensive health care plan. It's not surprising that the turnover rate in this company is almost nonexistent."

Torch Technologies has 156 employees and provides scientific and engineering services to the Department of Defense.

"We're very honored to be named one of The Principal 10 Best Companies," said Scott Parker, chief administrative officer at Torch Technologies. "We feel that hiring, retention, productivity and customer satisfaction are all linked together. If our customers are satisfied, it allows us to keep growing, and we can keep providing those benefits for our employees. It comes full circle."

A summary of best practices gleaned from Torch Technologies and other winners will be published and available in January 2009 at www.principal.com.

The Principal 10 Best Companies 2008 are:

• 1st United Services Credit Union, Pleasanton, Calif
• A.Y. McDonald Manufacturing Company, Dubuque, Iowa
• CENTRIA, Moon Township, Pa
• Jewelers Mutual Insurance Company, Neenah, Wis
• NJ Sullivan Company, Inc., Dulles, Va
• NORCAL Mutual Insurance Company, San Francisco, Calif
• North Island Credit Union, San Diego, Calif
• SAE International, Warrendale, Pa
• The Spiratex Company, Romulus, Mich
• Torch Technologies, Inc., Huntsville, Ala

To learn more about the winners and the judging process visit www.principal.com/10best

 

Winner! Inc5000 #1703 of 5000, #74 of Top 100 Government Contractors

 

Winner! Best Place to Work in Huntsville / Madison County.

Huntsville, Alabama, April 22, 2008: Torch Technologies was named at an award luncheon today as one of the Best Places to Work in Huntsville / Madison County. This recognition was based on independent, anonymous employee surveys completed earlier this year, and places Torch Technologies as one of the 5 best medium sized companies in our area, and one of the 15 best places to work overall in Huntsville / Madison County. The award process was co-sponsored by the Huntsville / Madison County Chamber of Commerce, The National Children's Advocacy Center, and the North Alabama Chapter of the Society for Human Resource Management.

 

Over 70 companies were nominated, and 5 winners were selected in each of the 3 size categories, small (<75 employees), medium (75 - 249 employees) and large (250+ employees).

 

Winner! Inc5000 Fastest Growing Defense Contractor in Southeast, #8