Power Test Inc. Named 2013 Future 50 Company

Sussex, WI. – July 1, 2013 – Power Test Inc. has been named a 2013 Future 50 Company by the
Metropolitan Milwaukee Association of Commerce’s Council of Small Business Executives (COSBE)

The Future 50 program, now in its 26th year, recognizes privately-owned companies in the seven-county Milwaukee region that have been in business for at least three years and have shown significant revenue and employment growth.

“It is always encouraging to see such a strong group of applicants and winners in this program each year. These companies truly represent the future of our region,” said Mary Steinbrecher, executive director of COSBE.

The Future 50 companies will be honored at an awards luncheon on Thursday, September 19, from 11:30 a.m. to 1:30 p.m. at The Pfister Hotel in downtown Milwaukee. The luncheon will be hosted by the MMAC, COSBE and BizTimes Media. To register to attend, visit www.mmac.org/events.

“We look forward to honoring these fast-growing companies and learning more about the best practices that are driving their growth,” said Dan Meyer, publisher of BizTimes Milwaukee.

“These are exciting times for Power Test, as we are challenged to hire and develop the right people necessary to sustain our significant growth and to expand our presence in the global market,” said Alan Petelinsek, President of Power Test Inc.

Infrastructure expansion such as new highways, railroads, airports, and water systems as well as mining and power generation projects are increasing demand for Power Test products around the world. The company’s products have been shipped to nearly 100 countries. Over the past three years Power Test total sales increased by 107% while export sales increased 146%. Export sales now make up 43% of the company’s revenue. Power Test Inc. is highly committed to using Wisconsin companies as primary vendors for the company. Approximately two thirds of all component parts of the Power Test Inc. products come from Wisconsin manufacturers and distributors.

About Power Test

For 37 years, Power Test Inc. has designed, manufactured, and marketed dynamometers, heavy equipment testing systems, and related data acquisition and control systems to manufacturers, rebuilding facilities and distributors in the mining, power generation, marine, trucking, construction and military sectors. These products are used to test vehicle engines, transmissions, hydraulic pumps, motors, cylinders and valves.