NAUSET RECOGNIZED BY BOSTON BUSINESS JOURNAL AS AREA'S FASTEST-GROWING PRIVATE COMPANIES

Boston, MA – The Boston Business Journal named Nauset Construction Corp. as one of the region’s fastest-growing private companies in its second annual Pacesetters awards securing the #2 slot in the 1-60 ranking. The honor recognizes the company's skill in managing a rapidly growing company, showing robust revenues and creating business strategies that led to success in a competitive business environment.

The Needham-based Nauset Construction made the Pacesetters list based on information gathered and assessed by the Boston Business Journal that detailed the company’s performance from 2004 to 2007.

"We are proud of our success and growth,” said Anthony N. Papantonis, President "We’re proud to be considered a Pacesetter.” Mr. Papantonis was one of four panelists who spoke at the morning event.
”We are very excited to kick off the Pacesetters this year,” said George Donnelly, editor of the Boston Business Journal. “This award acknowledges those private companies that skillfully navigate a competitive national and international marketplace and are growing quickly to be leaders in their field.”

“Pacesetters was created because it’s important to raise the profiles of rapidly growing companies,” said Boston Business Journal Publisher Michael Olivieri. “This will help give guidance to the business community as a whole as to what makes a company successful and who they should be seeking out as potential partners.”

These top-rated companies were honored at the Boston Business Journal’s Pacesetters Awards breakfast on April 18th at the Sheraton Boston hotel. The 60 companies will be counted down and the No. 1 fastest-growing private company in the region will be revealed. Executives from these companies will also share their ideas on what made them successful and what they hope to achieve going forward.

The Pacesetters list was determined by survey information gathered and analyzed by the Boston Business Journal from private companies throughout the Greater Boston region. Based on the information provided, 60 companies were selected on their revenue growth between 2004 and 2007, which had to exceed at least $1 million as of 2004.