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POLARIS Laboratories® CTO Mark Minges Retires

INDIANAPOLIS – POLARIS Laboratories’ Co-Founder, Partner and Chief Technical Officer Mark Minges retired from the company on Friday, September 26. Chief Executive Officer Bryan Debshaw, Chief Information Officer Don Woods and Chief Science Officer Jeff White have assumed Minges’ duties during the orderly leadership transition.

“While we will miss his insight and experience, the entire company is excited for Mark and his wife Susan as they enter a new phase of their lives together,” Debshaw said. “Mark helped develop capable leaders within the company, and we are excited about continuing the company’s success in the future.”

Minges had the original idea to start POLARIS Laboratories®, and he has driven the company to remarkable heights. In just 15 years, a five-person operation in a small warehouse has flourished into a 63,000-square-foot Indianapolis headquarters with six satellite lab locations around the globe. The growth was recognized in many ways, including a place in the Inc. 5000 list of fastest-growing companies for six consecutive years (2009-2014).

Under Mark’s Leadership, POLARIS Laboratories® drove the fluid analysis industry forward. It was the first in-line fluid analysis company to earn ISO 17025 accreditation in order to standardize equipment and techniques in multiple locations. Competitors still do not match the number of accredited tests perform by POLARIS Laboratories®.

Mark was instrumental in developing the data analysis process to evaluate test results, which POLARIS Laboratories® uses to provide accurate, reliable and timely maintenance recommendations. The company also reduced the time it takes to get the recommendations to customers with the development of HORIZON®, their award-winning reporting software. This software pulled the industry from printing and mailing reports to emailing reports or accessing them online.

Full News Release

Published October 2, 2014

IBJ lists POLARIS Laboratories® as a Healthy Employer

The company was a finalist for the second straight year

INDIANAPOLIS – The Indianapolis Business Journal selected POLARIS Laboratories® as one of the Healthiest Employers in Indiana. This is the second year the company was chosen as a finalist in the 100-500 employees category.

“Many of our new health initiatives came to fruition over the last year,” POLARIS Laboratories Chief Executive Officer Bryan Debshaw said. “Moving to our new Indianapolis laboratory gave us the opportunity to incorporate healthy initiatives into the structure of the building.”

In addition to building a new fitness center complete with showers, the break rooms were designed to encourage staff to bring their lunch (and maintain a clean kitchen) through large refrigerators with glass doors. Fresh fruit and filtered cold water and ice encourage healthy food choices as well.

“This year’s wellness program initiative is the most rewarding and comprehensive program I’ve seen from a company our size,” Debshaw said. “By completing health-focused activities, such as going to the doctor annually or taking a smoking cessation course, employees have the opportunity to earn an additional $1,000 per year.”

POLARIS Laboratories® encourages healthy activities outside of work, such as softball leagues, 5K runs, and the Plane Pull Challenge. Biweekly wellness newsletters and monthly health and wellness presentations give employees real-world tips to develop sustainable healthy habits.

More information on the Healthiest Employer awards can be found on their website at www.ibj.com.

Full News Release

POLARIS Laboratories® Earns a Place on Inc. 5000 List

The fluid analysis company’s continued growth is recognized by the national magazine for the sixth year in a row

INDIANAPOLIS – Inc. magazine recognized POLARIS Laboratories® as one of the fastest-growing companies in the nation for the sixth year in a row.

“We’re very proud to have grown in double digits nearly every year since the company started in 1999,” POLARIS Laboratories Chief Executive Officer Bryan Debshaw said. “We certainly have come a long ways since starting with five employees in Greenwood.”

Despite operating in the mature field of oil analysis, POLARIS Laboratories® achieved its long-running success by embracing technological advances and raising the standards of the industry.

“Today, we’re focused on exceeding customer expectations,” Debshaw said. “We want to help them increase their equipment uptime and reduce expensive unplanned maintenance.”

The largest independent oil analysis lab in North America, POLARIS Laboratories® earned the rank of #4652 of fastest-growing private companies in the U.S. More information on the Inc. 5000 list can be found on their website at www.inc.com/inc5000.

Full News Release

Published August 27, 2014