Multiquip Inc. last week announced that the company is a finalist for the 2010 GlobalStar Enterprise Award, which recognizes companies for outstanding efforts in growing business value from Enterprise Content Management solution deployments.

Multiquip also won the 2010 Ground-Breaker Award for its implementation of a new product, Social Workplace. Multiquip’s changes follow the trend, Corporate 2.0, an innovative model of concentrating on intrinsic motivation and collaboration (inside and outside of the company), empowering employees and creating meaningful work places.

“We are honored to be named a finalist and to be recognized among some of the most impressive companies in the world,” said Tom Yasuda, chairman and CEO, Multiquip. “At Multiquip we strive to provide the highest quality equipment and to exceed expectations with the finest customer service. I am proud of the Multiquip team and especially Michael Hanken, vice president of IT, for spearheading these initiatives.”

Carson, Calif.-based Multiquip manufactures products and solutions for the construction, industrial, telecom, government, military/aerospace, entertainment, and oil and gas exploration markets. Multiquip’s product portfolio encompasses light to medium construction equipment, power generators and lighting.