Edit ModuleShow Tags

Colorado Companies to Watch spotlight: Versi-Panel Enclosures


Snapshot: Based in Colorado Springs, Versi-Panel Enclosures is a manufacturer that focuses on two key product lines: SnapCrate, a reusable crating system, and Compassion Shelters, which provide disaster-relief solutions for animals and people.

Leadership: Kevin Kvols has been president since the company’s founding in 1986.

Work force: Versi-Panel Enclosures ended 2011 with 39 employees and expects to maintain that number this year.

Pivotal moment: The loss of a pet-industry customer that represented 40 percent of the company’s business forced it to diversify. Thus, Versi-Panel Enclosures was born, featuring the SnapCrate, a green solution to the crating industry.

Growth curve: Versi-Panel Enclosure’s revenues jumped 133 percent last year and are projected to grow another 20 percent in 2012.

Innovation: The SnapCrate system uses a unique clip and rabbit function to secure reusable, green crates. Multiple patents are pending for the design and for the insert that protects the slots from deterioration seen in competitive products. Compassion Shelters elaborate on the SnapCrate design and incorporate composite materials to create a structurally sound building system. These buildings can be erected in a short time using no tools and can be disassembled and reused repeatedly. The units are weather-tight and can withstand winds of 125 mph and snow loads of 85 pounds per square foot. Multiple patents are pending.

Edit Module
the staff of ColoradoBiz

Get more of our current issue | Subscribe to the magazine | Get our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

Why do so many millennials live in their parents' basement?

As a result of watching the value of their parents’ home drop drastically during the 2008-2009 housing bubble, Millennials have grown wary of homeownership.

The woman behind Denver's community workspace movement

Before Ellen Winkler made a name for herself in Denver, shaping work spaces, she started her career on construction sites in New York City.

Thinking of working for a founder? Read this first!

The founder — someone who birthed several companies but never got any of them to profitability — has turned from “The Creative One” (he developed the first product) to “The Critical One,” now more boat anchor than cheerleader.
Edit ModuleShow Tags

Thanks for contributing to our community-- please keep your comments in good taste and appropriate for our business professional readers.

Add your comment: