MD Orthopaedics of Wayland, Iowa, has been recognized by Inc. magazine as one of the fastest growing private companies in America. The company, started by entrepreneur and CEO John Mitchell, is listed as the 704th fastest growing private company in 2010.
The company was reported to have 435% growth over the past 3 years, and sales of $4.2 million in the last year.
MD Orthopaedics has also been recognized by the Corridor Business Journal as one of the top 10 fastest growing companies in the greater Cedar Rapids/Iowa City area in Eastern Iowa for the past two years.
Mr. Mitchell started his company in his garage in rural Washington County, Iowa almost 7 years ago. He developed and manufacturers the Ponsetti clubfoot brace. Developed with the encouragement of Dr. Ponsetti at the University of Iowa as a part of his revolutionary, non-surgical method for treating infant clubfoot. This methodology has been adopted worldwide, and MD Orthopaedics ships its clubfoot brace to doctors and families around the globe.
Mr. Mitchell received support and encouragement from many sources while starting his business, including the Washington Economic Development Group, the UI's Small Business Development Center, Dr. Ponsetti and the Ponsetti Foundation, the Iowa Dept. of Economic Development, and parents around the world that provided feedback about how his device helped their babies.
There were a total of 26 Iowa companies that made Inc.'s list of the top 5000. This includes Marion-based Involta (#40), Clickstop from Urbana, TMone from Iowa City, and Hybrid Transit Systems, Geonetiric, Raining Rose, Circle Computer Resources, RuffaloCODY and TrueNorth from Cedar Rapids.
