Leon Speakers has announced they have been recognized as one of the 2011 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business.
Michigan 50 celebrates second-stage companies in the state of Michigan that are remarkable for their performance in the marketplace, innovative products, unique processes and philanthropic efforts.
Leon Speakers will be honored tonight at an awards ceremony during the seventh annual Michigan Celebrates Small Business event.
“We’re extremely grateful to be recognized as a ‘Michigan 50 Companies to Watch’ honoree, particularly among such an esteemed group of companies,” said Noah Kaplan, President of Leon Speakers.
“This distinguished award is a testament to our commitment to excellence in all aspects of our business and inspires us further to create the world’s finest home theater sound systems.”
Originally founded by Noah Kaplan upon graduating from the University of Michigan’s School of Art, Leon Speakers has made it a mission to manufacture the highest quality sound solutions in the US.
Michigan’s strong craftsman-style manufacturing and engineering workforce has proven to be a key component to the company’s growth. Leon Speakers now employs over 30 people at its Ann Arbor headquarters and is a valuable asset to the local economy.
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 Leon Speakers 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.