POLARIS Makes Inc. List of Fastest-Growing Private Firms

POLARIS Laboratories, a leader among fluid analysis providers in North America, was ranked 3,400th on Inc. Magazine’s 2009 List of Fastest-Growing Privately Held Companies in America. The company also made the Indianapolis Business Journal’s List of the Top 25 Fastest-Growing Privately Held Companies in Indiana four years in a row, placing 12th in 2003, 16th in 2004, 12th in 2005 and 23rd in 2006.

A full-service provider of oil, fuel and coolant analysis and related services, POLARIS has increased revenue by 73.4 percent from 2005 to 2008. Headquartered in Indianapolis, POLARIS has grown from five employees at its inception in 1999, to more than 130 with testing facilities also located in Houston, Salt Lake City and Edmonton, Alberta.

POLARIS CEO Bryan Debshaw credits the company’s ISO 17025 A2LA accreditation and its innovative reporting software and data management capabilities for much of its continued growth over the past 10 years.

“Reliable, high-quality test results, actionable maintenance recommendations and user-friendly tools for managing data across multiple locations have kept us at the forefront of the industry,” Debshaw said. “In today’s challenging economy, continuing success is a substantial accomplishment and we’re very proud of being recognized for that.”

Known for providing high-quality data, fast turnaround and knowledgeable technical support, POLARIS Laboratories offers complete testing and analysis for oils, fuels, coolants and water-based industrial fluids. Its customer base is diverse with a heavy emphasis on the mining, construction, oil and gas, industrial and power generation industries.