FOR IMMEDIATE RELEASE
ARCA honored in a ceremony for the Triad’s 50 fastest-growing companies.
MEBANE, N.C. (September 20, 2013) – For the third time in five years, ARCA 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. ARCA is a leading supplier of transaction automation components in the financial, retail and self-service industries.
“We are grateful for the growth that we are experiencing and it is wonderful to be recognized by The Business Journal for the extraordinary job that our whole team is doing,” said Aubrey Meador, President of ARCA. “This award is a testament to our team’s hard work, determination, and persistence over the past year.”
The Fast 50 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 with sales of at least $2 million in its last fiscal year.
About ARCA
ARCA is a global leader in cash automation technologies with a reputation for delivering reliable products with the shortest lead times in the industry and a commitment to excellence in service and support for the life of our products. Financial institutions, retailers, and OEM self-service and kiosk manufacturers all over the world rely on ARCA products to streamline their cash operations and save them time and money while increasing the efficiency and security of cash. Visit arca.com for more information.
Media Contact
Bryan Dooley
ARCA
1400 Dogwood Way
Mebane, NC 27302
Tel. (919) 442-5200
b.dooley@arca.com