Kremin, Inc. earns Inc. magazine honor
Work is progressing on the first business venture in the Frankenmuth Business Park.
Meanwhile, the first tenant, Kremin, Inc. in Saginaw, was recently ranked No. 3,610 on its 33rd annual Inc. magazine Inc 500/5000 list, an exclusive ranking of the nation’s fastest-growing private companies.
The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.
Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow and many others have gained early exposure as members of the 5000/5000.
Kremin, Inc. was ranked at that number due to its 90 percent of three-years of sales growth.
“We are extremely honored to make the Inc. 5000 list for the second year in a row,” Kremin, Inc. President Michael Grossi said. “We have a tremendous team of talented employees that have made us successful and with the launch of our new manufacturing facility in Frankenmuth next month, we look forward to continued growth in the future.”
The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.
“What surprises me, even though I know it’s coming, is the sheer variety of the paths our entrepreneurs take to success, thematically reflecting how our economy has evolved,” Inc. President and Editor-In-Chief Eric Schurenberg said. “This year there are far more social media and far fewer computer hardware businesses than there were, say, six years ago. But what doesn’t change is the fearsome creativity unleashed by American entrepreneurship.”
Kremin, Inc. is a dual ISO 9001:2008 and 13485:2003 certified contract manufacturer, serving customers in the aerospace, defense, energy, transportation, dimensional stone and other industries.
“We offer precision machining, production manufacturing, prototyping and design services for our domestic and international customers,” Grossi explained.
This month, Grossi has moved in six lathes and another six machines are moving in this month. Grossi expects to be fully moved in by the end of September.
Meanwhile, road widening is continuing on M-83, from Koester Drive north to a point just short of Roedel Road. Curb cut and other prep work continue from Genesee Street north to that same point.
Next month, M-83 road paving will begin at M-15 and work south to the city limits.
That will be just in time for Kremin, Inc. to be up and running.
“We are excited to get into our new facility and have room to expand in the future. It will be a great work environment for our employees and we look forward to being a part of the community,” Grossi concluded.