FOR IMMEDIATE RELEASE
(Port Huron, MI) – P.J. Wallbank Springs, Inc. has been recognized as one of the 2017 “Michigan 50 Companies to Watch,” an awards program presented by Michigan Celebrates Small Business.
P.J. Wallbank Springs, Inc. will be honored at an awards ceremony during the twelfth annual Michigan Celebrates Small Business gala event, May 4, 2017 in Lansing, Mich.
P.J. Wallbank Springs, Inc., founded 35 years ago in Port Huron, is the global leader in the design and manufacture of spring packs for automatic transmissions. An engineering focused company, the organization started by designing and building its own proprietary manufacturing equipment in order to produce its spring packs, a strategy it continues to utilize to this day. Today, the organization exports 40% of its production outside of the United States, with over 60% of its export volume being shipped to China. Core to the organization’s long term success, has been the organization’s people.
Chris Wallbank, President of P.J. Wallbank Springs, Inc. was quoted as saying, “We are very excited about being recognized by Michigan Celebrates Small Business as one of the 2017 Michigan 50 Companies to Watch. This award can be directly attributed to the hard work put in each and every day by the individuals in our organization. Winning such an award vindicates our approach to date – relying on great people to build something truly special, a world class organization in our community. We continue to encourage those interested in joining such an effort to reach out to us and apply at http://pjws.com/jobs/.”
Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like P.J. Wallbank Springs, Inc. are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.
Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities.
Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business.
Founding underwriters are the Michigan Economic Development Corporation, PNC Bank, Accident Fund Insurance Company of America, and Dynamic Edge, Inc.
Contributing Underwriters include Clark Hill, Comcast Business Class, Consumers Energy, Dean Transportation, DTE Energy Foundation, Goldman Sachs 10,000 Small Businesses, Fifth Third Bank, Hungerford Nichols CPAs and Advisors, EDGE Partners, Michigan Credit Union League & Affiliates, Rehmann, Varnum Attorneys at Law, and Vistage Michigan.
Michigan Celebrates Small Business was founded by the Michigan Small Business Development Center, Michigan Economic Development Corporation, U.S. Small Business Administration - Michigan, Edward Lowe Foundation, Chris Holman - Small Business Advocate, and the Small Business Association of Michigan.
Information about Michigan Celebrates Small Business can be found at www.MichiganCelebrates.biz.
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About EDA of St. Clair County
The Economic Development Alliance (EDA) of St. Clair County is a private non-profit organization that provides general purpose economic development services throughout St. Clair County. EDA offers a wide variety of services involving business recruitment and business retention and expansion with the overall goal of growing the local economy and enhancing the quality of life for residents in St. Clair County. The EDA of St. Clair County is supported by a membership of over 140 businesses from the private & public sector passionate about supporting community and economic development. To learn more about the Economic Development Alliance of St. Clair County visit: www.edascc.com.
About P.J. Wallbank Springs
P.J. Wallbanks Springs (PJWS), Inc. is a global leader in clutch return spring pack design and manufacturing for automatic transmissions. Over the last 30 years, PJWS has designed spring packs for over 400 customer applications and has become a trusted partner serving clients around the globe. P.J. Wallbanks Springs is located in Port Huron, Michigan