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Spectrum Honored By Inc. 5000 For The 4th Consecutive Year


Inc. Magazine Unveils Its Fourth Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc. 5000


Spectrum Industries, Inc. Ranks No. 4669 on the 2010 Inc. 5000 with Three-Year Sales Growth of 13%

 

NEW YORK, August 24, 2010 -- Inc. magazine today ranked Spectrum Industries NO. 4669 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com/5000.

 

About Spectrum Industries, Inc.

Spectrum is a provider of innovative, quality instructional products and services that represent preferred solutions to customer needs. Founded in 1968 and headquartered in Chippewa Falls, Wisconsin, Spectrum Industries, Inc. has gained a strong reputation for producing quality products in an environmentally responsible manner. Spectrum is recognized as an INC. 5000 honoree, is a member of the FDM 300, is certified for ISO 9001:2008 and SCS Indoor Air Quality, and has been presented the prestigious GSA Evergreen award. Spectrum Industries, Inc. strongly values its close and long-standing relationships with customers throughout the United States, Canada, Latin America, and Europe. The innovative environment at Spectrum is driven by cooperative partnerships with our well-respected customers.

Media Contact: Greg Mazur, Spectrum Industries, Inc. 800-235-1262 gmazur@spectrumfurniture.com