The recognition honors the state’s privately held companies that employ up to 150 employees and have between $750,000 and $100 million in annual revenue or working capital.
More than 500 Indiana companies were nominated for the award, according to the IEDC. The chosen businesses in the state include food manufacturers, software developers, financial service firms and makers of medical devices.
The honors are presented by the IEDC, its Small Business Development Center, Purdue University and the Edward Lowe Foundation.
The companies will be recognized Thursday at a dinner and ceremony in Indianapolis.
As reported by the South Bend Tribune Business Weekly, Livin’ Lite manufactures ultra lightweight, automotive campers and aluminum trailers and markets them in North America, Europe and Australia. The company has been in business for six years and has 20 employes, double the number of last year. Sales this year are up 200% from 2008 and on pace to do more than 250% the 2008 level.
In answer to the question, what sparked the formation of the business, owner Scott Tuttle replied, “The need for an affordable, lightweight, family camper that could sleep six and still be towed by small passenger cars. Our campers allow young families to go camping utilizing their current vehicle (they don’t have to purchase a truck or an SUV).”
As for the company’s biggest challenge or opportunity, he replied, “Our biggest opportunity has been the ability to produce such a lightweight, all-aluminum and composite camper, which is affordable and able to be pulled by the smallest automobiles on the market. Our challenge has been educating ‘traditionally minded’ RV dealers that there is a market for such campers. The retail demand is high. Our problem is we don’t have enough dealers yet.”