Woodinville, WA. Console and mixer manufacturer Mackie Designs Inc. has been one of the ten fastest growing technology companies in Washington state over the past five years. That’s according to a study conducted by NASDAQ, Tiper Jaffray, US West, and the Washington Software and Digital Media Alliance.
“The Washington Technology Fast 50 Award” recognizes the top 50 technology companies in Washington, with rankings based on percentage growth in revenues from 1991 to 1995. Mackie Designs has grown from revenues of 3.8 million in 1991 to almost 64 million in 1995, representing a sales growth increase of 1583%.
“The tremendous growth of our company emphasizes the opportunities we have always believed to exist in the professional audio products market,” said CEO and President Greg Mackie.
Earlier this year, INC. Magazine rated Mackie #78 on its “INC.100” list of fastest-growing companies. That study considered all publicly held companies across all industry sectors, not just technology. No other professional audio manufacturer made the INC. list.
Although Mackie Designs’ growth so far has been fuelled exclusively by its extensive line of low-cost high-quality mixing systems, the company recently announced plans to diversify into other professional audio products by the end of 1996. At the summer National Association of Music Merchants (NAMM) show in July, Mackie previewed speaker systems (the 8020 High Accuracy Active Studio Reference Monitor) and amplifiers (M1200 Fast Recovery Series™ power amp).
“We believe that we can leverage the Mackie brand name into other products, and the tremendous response we received at NAMM definitely supports that theory,” stated Mackie.