Tencarva Machinery Company, with a Chattanooga branch office, ranked 41st in the 2013 “Big 50” list of largest industrial distributors in the United States, based on annual revenue in 2012, as announced in a video reveal released on the Industrial Distribution magazine's website on Aug. 30, at 1 p.m., and in an article in the September/October 2013 issue of the national publication.
In an interview online with Tencarva President Rod Lee, who is in the Greenville Branch Office and lives in Bayboro, N.C., Abbigail Kriebs, associate editor, points out, "Modest economic recovery in some of its major markets helped the company increase sales over 2011. Tencarva acquired Southern Sales in Nashville, in late 2012, and the company says the acquisition allowed them to expand market coverage over three states and add valuable market expertise to their management team."
Mr. Lee asked, "You asked what makes Tencarva successful? The answer to that is always the same. Our people. We've just been fortunate enough to get and keep high quality people."
At year end of 2012, Tencarva had $197 million in sales and 339 employees in 25 locations. For eight straight years, Tencarva has appeared in the “Big 50” listing. Tencarva was the only company in the Triad area of Greensboro, Winston-Salem and High Point, to be included in the listing and one of two in North Carolina.
According to Industrial Distribution, all the Big 50 companies were “ranked according to total worldwide sales, and all figures are reported in USD.” The magazine’s information for publicly traded companies is based on annual reports, earnings statements and company verifications. For privately held companies, they use self-reported data coupled with follow-up interviews.
Tencarva was listed as 34th in the 2013 “Fast 50” companies selected by The Business Journal Serving the Greater Triad Area. Tencarva also ranked 44th in the “Grant Thornton North Carolina 100” privately owned companies as published in Business North Carolina in October 2013 and 35th in the "North Carolina Mid-Market Fast 40" 2012 ranking by the publication.
Tencarva Machinery Company, headquartered in Greensboro, N.C., is a distributor specializing in pumps, liquid process, and custom-designed systems for the industrial and municipal marketplace. Tencarva is dedicated to providing the highest quality process machinery, coupled with superior customer service and integrity. Founded in 1978, Tencarva Machinery Company supplies innovative engineering assistance, professional equipment selection with extensive product and parts inventory, as well as preventive maintenance and repair services to all its customers.
Tencarva has 344 employees at 28 branches in eight states, including Arkansas, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee and Virginia.
For local information on Tencarva, contact Branch Manager Rick Walker, Tencarva Machinery Company, 4101 Cromwell Rd., Chattanooga, Tn. 37421-2176, 423 892-8928.