Three local companies land on Inc. magazine's fastest-growing list

Posted by DAVE GALLAGHER on September 10, 2013 

Three Whatcom County companies have landed on Inc. magazine's 500/5000 list of America's fastest-growing companies. All three local companies were also honored for making the list five consecutive years.

Here they are, with a few details:

-- Bellingham-based Saturna Capital Corporation: Saturna’s three-year revenue growth of 79 percent earned a ranking of 3,707 on the 2013 list Saturna Capital debuted on the  Inc. 500 list in 2009 with a rank of 408.

Last year the company had $42.5 million in revenue.

A private, employee-owned firm, Saturna Capital manages over $4 billion and operates three wholly-owned subsidiaries, including Saturna Brokerage Services in Bellingham, Washington, Saturna Trust Company in Reno, Nevada, and the investment research and advisory firm Saturna Sendirian Berhad in Kuala Lumpur, Malaysia.

"Recent innovations continue to lay the groundwork for future expansion,” said Jane Carten, president and CEO of Saturna, in a news release. “This fall we anticipate the launch of our first mutual fund in Malaysia, which will focus on investment opportunities in ASEAN economies, while here in the US we plan to roll out reduced-expense, institutional shares of our flagship Amana Funds.”

-- Management Services NW of Ferndale ranked 3,155 on the list, posting 104 percent growth.

The company has 267 employees, adding 92 in the past three years, according to Inc. The company had an estimated revenue of $10 million in 2012.

-- Pro CNC, a Bellingham machine shop, ranked 3,591, posting 84 percent growth. The company has 68 employees and had $9.1 million in estimated annual revenue last year.

For details on the list, visit Inc.com.

Bellingham Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service