GREENSBORO, N.C.--(EON: Enhanced Online News)--Varrow, Inc. has been selected as one of the Triad’s 50 top-performing, privately held companies in the The Business Journal’s 15th-annual Fast 50 awards program. The honor was announced Thursday, Sept. 19, at a gala event at the Hayworth Fine Arts Center at High Point University. Each of the winners are featured in the special Fast 50 section included with this week’s (Sept. 20-Sept. 26) edition of The Business Journal.
The awards are presented by The Business Journal in conjunction with presenting sponsors MassMutual Financial Group – Piedmont Triad, North State Business, Smith Leonard PLLC and Wells Fargo as well as supporting sponsors Hill Chesson & Woody and Robert Half.
Through a confidential process, nominations are submitted to accounting firm Smith Leonard, which verifies each company’s revenues during the three-year period between 2010 and 2012. Smith Leonard then ranks the nominees based on a formula that factors in both dollar and percentage change for their three most recent fiscal years.
To be eligible, each company must:
• Be a private, for-profit venture;
• Have its U.S. headquarters in the Triad; and,
• Have finished three full fiscal years and had sales of at least $2 million in its last fiscal year.
For more information about the Fast 50 program or to obtain a nomination form for the 2014 awards, visit triadnominations.com.