“I’m honored that Anuva has been chosen a finalist for this highly regarded award,” says Founder and CEO Vinu Patel. “Making a significant impact on the US economy, while contributing globally, is Anuva’s mission. Our award selection wouldn’t have been possible without our dedicated and hard-working team and talented strategic partners.”
Mr. Patel attributes much of the company’s rapid growth to its strategic partnerships. When Anuva decided to expand from an after-market electronics business that started in 2008 to a full-service “Design to Distribution” enterprise, the company sought partners with like-minded goals. Today, driven by the mutual desire to innovate, Anuva collaborates with a variety of organizations, from startups to large manufacturers. As a result, more than 100 consumer, healthcare, telecommunications, and other products have been introduced within the last 18 months. Moreover, Anuva has significantly increased profit margins when taking products to market.
Anuva’s commitment to high quality has been pivotal to the company’s expansion. By going above the industry standard and obtaining AS 9100 certification — typically associated with the aerospace and defense industry, not electronics manufacturing — this rigorous documentation process ensures Anuva customers the highest standard of excellence!
Florida Companies to Watch Award winners, which will be announced in late August, are being evaluated based on the following criteria:
►Innovation: Anuva is headquartered in a state-of-the-art facility in Melbourne that’s based on Lean Manufacturing concepts. It is equipped with ESD protective carpeting through the manufacturing floor, high-efficiency lighting, and UPS backup power for the majority of the equipment. Unlike competitors of similar size, Anuva also offers an innovative “Design to Distribution” solution for clients, including engineering design, product assembly, warehousing, service/repair, logistics, and call center support. In addition, Anuva’s recent entry into Florida Angel Nexus (“FAN”) provides a connection to Florida entrepreneurs to mentor, network, financially support, and help manufacture the latest technology for future employers and spur job growth throughout the state.
►Company Culture: Anuva is proud of its low turnover rate and engaged and experienced staff. The vast majority of Anuva employees have worked together for as long as 30 years. They are extremely capable and trained to meet the highest industry standards. High employee morale and productivity remain a hallmark of the company.
►Community Impact: Anuva’s Founder Mr. Patel strongly believes that in order to make your company successful, you need to help make your community stronger — and he has instilled this value throughout the company through his philanthropic efforts. Mr. Patel is one of the founders of Ma Krupa, which provides medical care for people from Brevard County to rural parts of India. Each year, Mr. Patel and the Anuva team help raise much-needed funds for the Ma Krupa event in Brevard County, bring local business leaders together for a common cause and raising awareness of the need for medical care in indigent communities.
►Marketing: Anuva’s “Design to Distribution” approach includes strategically focusing on large markets within the state and building a brand based on high quality at low cost. This has helped Anuva grow its market share over the past few years and an approach that will sustain the company well into the future.
For more information on the Florida Companies to Watch Awards, please visit www.Florida.CompaniesToWatch.org.
GrowFL provides strategies, resources and support to second-stage companies for next level growth. By supporting companies with Strategic Research and peer-to-peer CEO mentoring, GrowFL helps companies overcome obstacles to growth and leads them toward prosperity. Based on the philosophy of Economic Gardening — to grow existing businesses in a community, region or state — GrowFL is the program of the Florida Economic Gardening Institute at the University of Central Florida and is a critical component to the state’s economic development strategy and Florida’s entrepreneurial ecosystem. During the pilot program from 2009-2011, GrowFL helped more than 400 companies create 1,400 new jobs and had an annual economic impact of $510.4 million. At the end of 2013, that number has grown to nearly 700 companies supported by GrowFL.
Anuva is a “Design to Distribution” family of businesses that started in 2008 with the launch of Anuva Services in Morrisville, NC. Anuva Services, a Carolinas Minority Supplier Development Council-certified minority business, began by providing world-class after-market and logistic services to customers. Despite launching during a challenging economic environment, Anuva experienced tremendous start-up growth and tripled the space of the facility. Three years later, Anuva further expanded by acquiring a contract manufacturing operation whose roots date back to the Dictaphone operation in Melbourne, FL. In 2011, Anuva Founder Vinu Patel launched Anuva Manufacturing Services and relocated the headquarters to a new facility in Melbourne. Anuva Manufacturing is AS 9100 certified. In 2012, Anuva expanded once again by launching a sister company, Anuva Resource Solutions (www.anuvaresource.com). Anuva Resource Solutions was created to assist Anuva customers needing help hiring talented people who would grow their businesses. Specializing in startups and midsize companies, Anuva Resource Solutions handles each HR and financial outsourcing project with the highest integrity and dedicated, personal attention. In 2013, Anuva continued to expand by acquiring TriE Medical Inc. Rebranded Anuva Innovations (www.anuvainnovations.com), the ISO 13485-certified medical device development division provides design, documentation, manufacturing, and testing services. In early 2014, the acquisition of the manufacturing facilities of Innovative Electronic Solutions Lighting in Morrisville expanded Anuva’s portfolio and electronics manufacturing capabilities even further. These acquisitions create the Design to Distribution vision of our company. Anuva is a US-owned and operated company with a mission to provide a total solution for our clients and employ domestically while making a global contribution.
To find out more about our services, please visit http://anuva.com.