Posted: July 02, 2012
Colorado Companies to Watch spotlight: Geotech Environmental EquipmentBy the staff of ColoradoBiz
Snapshot: Geotech Environmental Equipment Inc. manufactures and distributes equipment used for sampling, monitoring and remediating groundwater and soil pollution. Its customers include international government, consulting and private industry. The company was founded in 1978.
Leadership: Jeffrey Popiel became president and chief executive officer of the company in 2008. Revenue increased 8 percent in 2011 and is expected grow 14 percent this year.
Work force: The company employed 91 full-time and two part-time workers in 2011 and expects to add six more full-time workers this year.
Pivotal moment: Prompted by the U.S. Geological Survey, a customer since the company’s early days as a machine shop, Geotech began machining parts for other companies and developed a new product.
Global reach: In addition to its 125,000-square-foot Denver-based factory and headquarters, Geotech operates service centers in five other states, a European Sales Center in Barcelona, Spain, plus a representative office in Beijing, China.
Community: Geotech has raised more than $100,000 for the Ronald McDonald House Charities. Popiel serves on the executive committee of the World Trade Center of Denver.