Flotation Technologies, a Deep Down Inc. company (OTCBB: DPDW.OB), has been named the 27th fastest growing, privately owned manufacturing company in the United States by Inc. Magazine. Flotation, which has its headquarters in Maine, is a worldwide company that is a renowned leader in the engineering, design and manufacture of deepwater buoyancy and polyurethane elastomer products.
Overall, Flotation ranked 1,006 on the prestigious Inc. 5000 list. A large reason for the notoriety and success of the company is the fact that Flotation has doubled its revenue from 2006 to 2007. Flotation is led by their President David Capotosto, who brings more than 25 years of manufacturing experience to Flotation and has a reputation for his aggressive style of managing in the field.
The general consensus is that, since 2004, Flotation has experienced growth that is head and shoulders above other companies and, coupled with their new parent company (Deep Down Inc., which is led by Chairman and Director Robert Chamberlain Jr.), the future of Floatation Technologies may be unlimited.
For more information on the company, you can view their web site at: www.flotec.com. On the site, there is a sophisticated breakdown of Flotation’s innovative solutions and general information on the company.
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