New Way Air Bearings (USA) has been named to Inc. magazine's list of fastest growing privately-held companies in the U.S.

Located in Aston, Pennsylvania, New Way was 2,294 on Inc's list, which ranks companies by percent revenue growth between 2003 and 2006.

Inc. estimates there are at least 7 million privately-held companies with more than one employee operating in the U.S.

New Way's President, Nick Hacklett, said: "As a manufacturer, we are especially pleased to be included on this list. While many U.S. companies today are moving manufacturing offshore, we continue to manufacture world-class products right here in Aston, Pennsylvania. The only thing we're exporting is our product, and lots of it, especially to the Far East. This makes our high ranking even sweeter."

See the list on Inc.'s dedicated website here.