(Troy) Corporations don't just downsize when the economy shrinks. They also move employees around, which is where firms like Global LT come in.
 
The Troy-based firm has made its name over the last year or so by helping businesses grow into different markets and relocating key employees in new offices abroad. It has allowed the company to make 10 hires over the last year, expanding its staff to 45 employees, an intern, and anywhere between 175-220 independent contractors at any given time.
 
 “I am thrilled for Global LT to be recognized as a Michigan Company to Watch.  I owe this honor to my dedicated employees and our loyal customers,” says Hortensia Neely Albertini, company founder and president.

That has allowed the firm to be named one of the Michigan 50 Companies to Watch by Michigan Celebrates Small Business. It has also allowed for continued overseas expansion. There are plans to hire a few more people for its offices in the United Kingdom and China later this year.

Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the back-bone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Global LT are known for their exceptional entrepreneurial leadership, creation of

Global LT offers services that help business people understand the language and culture of wherever they are going --whether it's a quick jaunt overseas or an ex-patriot relocation for corporations.
 
Source: Tom Hanson, senior vice president of Global LT
Writer: Jon Zemke

About Global LT

Global LT has been serving companies around the world since 1979.  Located in Troy with representatives throughout the U.S. and in major cities around the world, Global LT provides Language Training, Culture Training, Translation Solutions, and Expatriate Destination Services.  Global LT is a member of the Michigan Minority Business Development Council (MMBDC), The Association of Language Companies (ALCUS), American Translators Association (ATA), and the Michigan Translators/Interpreters Network (MiTiN).  Visit Global LT at www.Global-LT.com for more information or call us at 888.645.5881.

Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business. PNC Bank is the lead underwriter for Michigan Celebrates Small Business, with additional underwriting support from Clark Hill PLC, Michigan Economic Development Corporation, Michigan Certified Development Corporation, Accident Fund Insurance Company of America, Comcast Business Class, Comcast Spotlight, and Dynamic Edge.

Michigan Celebrates Small Business is presented in association with the Michigan Economic Development Corporation, Michigan Small Business & Technology Development Center, Small Business Association of Michigan, the U.S. Small Business Administration – Michigan, and the Edward Lowe Foundation.

Information about the 2010 Michigan 50 Companies to Watch program can be found at http://Michigan.CompaniesToWatch.org. For information about Michigan Celebrates Small Business, visit http://MichiganCelebrates.biz.