EcoTech Marine Celebrates 10th Anniversary
EcoTech Marine is proud to announce it is celebrating its 10-year anniversary in May 2013. The company will host a celebration at its new location, 999 Postal Road, Suite 100, Allentown, Pa. on Friday, May 10 to mark its success to date. Open to the media, the celebration will welcome a number of state and local dignitaries, Lehigh University faculty and organizations such as Ben Franklin Technology Partners that have supported EcoTech Marine during its first decade.
“The last 10 years have been filled with challenges, achievements, rapid growth and new product introductions,” said Patrick Clasen, co-founder. “We have evolved quickly and, while we’re proud of what we’ve acheived, we know it is just the beginning.”
Since EcoTech Marine’s 2003 launch, the company has experienced an impressive year-over-year annual growth rate, which caught the attention of Inc. and Newsweek magazines, both of which highlighted the company in 2010 and earned them ink for the 500 fastest-growing companies in the country and the top 10 companies that grew from college ideas, respectively.
Supporting its growth in the last 10 years, EcoTech Marine has earned support from a number of organizations, including Pennsylvania’s Keystone Innovation Zone (KIZ) program; Ben Franklin Technology Partners; the Agile Manufacturing Program of Lehigh University’s Enterprise Systems Center; and the Pennsylvania Infrastructure Technology Alliance (PITA). The company has also received support from the City of Bethlehem; Lehigh Valley Economic Development Corp.; the Manufacturers’ Resource Center; and Northampton County.
EcoTech Marine currently employs more than 50 individuals in the Lehigh Valley and, late last year, moved from its 4,000-square-foot facility on Southside Bethlehem to its new 36,465-square-foot space located near Lehigh Valley International Airport. Its new facility, more than eight times the size of its original space, allows the company to continue its impressive growth trend, while also promising to bring new jobs to the region as it enables increased in-house product assembly and manufacturing, spurring the Lehigh Valley economy.
EcoTech’s first product, released while Marks and Lawyer were in high school, was the ETM Kalkwasser Reactor, which automatically replenishes and maintains levels of calcium and alkalinity in coral reef aquariums.
Since then, the company has released a number of products that have revolutionized the market. Offering a family of VorTech pumps; its Radion lighting systems; Elements coral glue and an array of accessories, the company is committed to enabling its clients to upgrade their equipment affordably by offering products with intelligent modular design. That is, new EcoTech Marine products are backwards compatible with its existing offerings.