Torch Named to Inaugural Best Evergreen Companies List

Tuesday, July 02, 2024

HUNTSVILLE, Ala. July 2, 2024 – Torch Technologies, one of the nation’s leading defense contractors, today announced the company has been named to the Tugboat Institute’s® inaugural Best Evergreen Companies™ list. Each of the companies on the list exemplifies excellence across all of the Evergreen 7Ps® principles. Their dedication to their business excellence is characterized by determination, patience, and an unwavering desire to improve.

As reflected in the list below, outstanding Evergreen companies exist in every industry from finance to technology, and from consumer-packaged goods to construction. Their sizes, ages, ownership structures, and geographies vary widely as well, confirming that excellent Evergreen companies can and do exist everywhere. The winners are listed alphabetically, not in rank order, so each of these remarkable companies can be celebrated equally.

“We are pleased to recognize Torch Technologies as one of the inaugural members of the Best Evergreen Companies List,” said Dave Whorton, CEO, Tugboat Institute.

"In 2023, Torch Technologies became Certified Evergreen after completing a rigorous assessment of their integration of the Evergreen 7Ps principles. They exemplify the belief that being of service to  their employees leads to long-term service to customers, suppliers, and communities, ultimately building companies that add significant, lasting value and make a difference in the world."

The 2024 Best Evergreen Companies are:

Betts Company
Edward Jones
Enterprise Mobility
Essential Ingredients
High Plains Bank
In Time Tec
John Burns Research & Consulting
Radio Flyer
Redeemers Group
SAS Institute
Savage Services
Smiley Technologies
SRC Holdings Corporation
Stotz Equipment
Test Double
The Motz Corporation
Torch Technologies


“We are thrilled to be named to the inaugural Best Evergreen Companies list,” said Torch Technologies President Brad Walker. “This is truly an honor. It is also a testament to the commitment of Torch and each of our employee-owners to the Evergreen principles and to our desire to remain a company for 100+ years.”

About the Best Evergreen Companies List

The Best Evergreen Companies list gives the Tugboat Institute an opportunity to celebrate and elevate wonderful Evergreen companies and our Evergreen movement, in a language that society understands. By design, the Best Evergreen Companies list is not listed in rank order to avoid unnecessary competition between these exceptional companies that earned a spot on the list, allowing each to celebrated equally. Companies become eligible for inclusion on this list by either becoming Certified Evergreen® or by hosting two-and-a-half-day Tugboat Institute Exemplar Visit. Both of these paths require a deep, introspective dive into practices across all of the Evergreen 7Ps principles and provide tangible measures of Evergreen maturity across each of the principles and into overall excellence. 

In the years and decades to come, the vision is for this awards program to gain increasing awareness and scope over time, moving from a single list to several that celebrate and recognize even more Evergreen companies across various sizes, industries, demographics, and geographic regions. Tugboat believes that lifting one Evergreen company lifts up all Evergreen companies and is pleased to have created this new program to do just that. To learn more, visit

About the Torch Technologies

Torch Technologies is a 100 percent employee-owned business dedicated to providing superior research, development, and engineering services to the Department of Defense. The services we provide directly support the men and women who serve our country. Torch is part of the Starfish Holdings family of businesses that also includes Freedom Real Estate & Capital, LLC, and SIMVANA. To learn more, visit