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The phrase "company using" is correct and usable in written English.
You can use it whenever you are referring to a company that is using something - for example, a company using a new software system.
Exact(52)
Is Your Company Using Employee Data Ethically?
Another company using Spare5 also reports increases across the board.
BioAmber isn't the only company using yeast and sugar to replace fossil fuels.
"Loyalty schemes are fine when the company using them is not dominant," she said.
It's your company using that company, so you guys charge it.
In the case of a company using disingenuous accounting, he blames the rules.
Similar(8)
The company uses industrial fabrication of volumes.
The company uses PET in carpets.
The company uses staff reward schemes.
Everyone in the company uses Lotus Sametime.
The company uses FedEx, DHL and UPS.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com