Jul 012009
 

BEAVER FALLS, PA, August 25, 2008 — For the second consecutive year, the Pittsburgh Business Times has recognized Pegasus Associates Lighting as one of the fastest-growing companies in the Pittsburgh, PA region.  The “2008 Pittsburgh 100” honor was presented to the company at an awards ceremony and banquet at the Duquesne Club, located in downtown Pittsburgh, on Thursday, August 21, 2008.

Each year the Pittsburgh Business Times ranks the top 100 fastest-growing, privately-held companies located in the Pittsburgh area based on the previous three-year sales growth.  During the 2005 to 2007 period, Pegasus Associates Lighting realized a 55% growth in revenue and a 65% growth in employment.  To qualify for the 2008 top 100 ranking, a company must be a locally owned, for-profit business with net revenue in 2005 of $500,000 or more.

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