FGC_10 Years
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Nate Kaeding talks<br />
about kicking up biz.<br />
PAGE 31<br />
$1.50 I WWW.CORRIDORBUSINESS.COM I A LOCALLY OWNED BUSINESS WEEKLY IN IOWA’S CREATIVE CORRIDOR I MAY 26 - JUNE 1, 2014<br />
Phil Rezin, CEO of Midwest Microwave Solutions, talked about pitfalls to avoid when you’re technologists starting a business venture as he accepted the<br />
2014 Fastest Growing Companies Award on May 20. He urged technologists who lack a broad foundation in business to get help from experienced professionals<br />
outside the company, and to be sure not to neglect their own quality of life.<br />
MIDWEST CONTINUES ON PAGE 6<br />
Eco Lips’ Shriver takes<br />
top award.<br />
PAGE 3<br />
Hiawatha I Founded: 2005<br />
www.mms-rf.com I 3rd time on the list<br />
CBJ spotlights the top 25.<br />
PAGE 5<br />
ST<br />
Corridor’s<br />
EntreFest<br />
Midwest Microwave Solutions repeats<br />
Hiawatha company takes<br />
Fastest Growing honors again<br />
By Dave DeWitte<br />
dave@corridorbusiness.com<br />
CEDAR RAPIDS—No other company has claimed the<br />
Corridor’s Business Journal’s Fastest Growing Company<br />
title twice, let alone twice in three years – the new mark<br />
recorded by Midwest Microwave Solutions.<br />
With revenue growth of 419.8 percent from 2011-<br />
2013, Midwest Microwave Solutions claimed top honors<br />
at the 2014 growth recognition event May 20 at the Cedar<br />
Rapids Marriott, edging out Premier Staffing Inc. with<br />
418.3 percent growth.<br />
“Our continued growth is based more on name recognition<br />
because we’ve had great success in the field,” CEO<br />
Phil Rezin said in an interview. “Midwest Microwave Solutions<br />
has products deployed worldwide, and the products<br />
we’ve had in Afghanistan the last three years have<br />
operated flawlessly.”<br />
The company was in first place in 2012 with growth of<br />
more than 516 percent and in fourth place in 2013 with<br />
growth of 176.2 percent.<br />
A total of 25 companies were honored at the May<br />
20 event based on confidential evaluations provided by<br />
Honkamp Krueger of tax return information submitted<br />
by the companies. The list included four – World Trend<br />
Financial, Ready Wireless, Circle Computer Resources<br />
and Involta – that have made the list four times.<br />
One of the 2014 Fastest Growing winners, TrueNorth<br />
Companies, was the first to be honored by the Corridor<br />
Business Journal in three categories – Largest Privately<br />
Held Companies, Fastest Growing Companies and Coolest<br />
Places to Work.<br />
Rapid growth has characterized Midwest Microwave<br />
Solutions since its inception in 2005 as a radio frequency<br />
consulting and prototyping company by Mr. Rezin and<br />
Steve Wilson. They began producing a line of radio frequency<br />
tuners and digitizers.<br />
Mike Horn, a digital signal processer expert, joined<br />
the company in 2009, and Midwest Microwave Solutions<br />
JUSTIN TORNER<br />
opened a small shop with 1,400 square feet of space in<br />
Hiawatha.<br />
Products from Midwest Microwave Solutions allow<br />
customers to scan any communication band in existence,<br />
from microwave data links to garage door opener signals,<br />
Mr. Rezin said. They are mainstay tools used in gathering<br />
signal information to detect and analyze threats.<br />
Corridor Business Journal<br />
845 Quarry Rd. Ste. 125<br />
Coralville, IA 52241<br />
FOCUS:<br />
FASTEST GROWING<br />
COMPANIES<br />
Featuring the CBJ List of<br />
Fastest Growing Companies<br />
Entrepreneur<br />
of the Year<br />
#1<br />
419.8%<br />
growth<br />
Midwest Microwave Solutions<br />
Fastest<br />
Growing<br />
Companies<br />
Fastest Growing Companies 2014<br />
(Ranked by percentage revenue increase from 11-13)<br />
RANK NAME<br />
HOMETOWN PERCENTAGE GROWTH<br />
1 Midwest Microwave Solutions Inc. Hiawatha 419.8<br />
2 Premier Staffing Inc. Hiawatha 418.3<br />
3 MD Molding Wayland 351.7<br />
4 Ahmann Properties Hiawatha 219.2<br />
5 MediRevv Inc. Coralville 191.5<br />
6 Infinity Contact Inc. Cedar Rapids 136.4<br />
7 Health Solutions LLC Cedar Rapids 118.7<br />
8 Involta Cedar Rapids 1<strong>10</strong>.5<br />
9 Bazooka Farmstar Inc. Washington <strong>10</strong>6.6<br />
<strong>10</strong> IMS Branded Solutions Marion 94.6<br />
11 Compass Commercial Services LLC Hiawatha 92.7<br />
12 Neumiller Electric Iowa City 80.9<br />
13 Innovative Software Engineering LLC Coralville 79<br />
14 Eco Lips Cedar Rapids 76.7<br />
15 Ready Wireless LLC Hiawatha 71.3<br />
Source: The companies featured on this list submitted information to an independent auditor for verification.<br />
Our goal is to provide you with the best professional staffing solutions.<br />
Job Seekers<br />
Employers<br />
Jobs<br />
www.premierstaffing.com<br />
319-730-3890 | 1905 N Center Point Rd. | Hiawatha, IA 52233<br />
319-505-2733 | 2809 University Ave. | Waterloo, IA 50701<br />
customerservice@premierstaffing.com<br />
CBJ’s Fastest Growing Companies <strong>10</strong>th Anniversary 23