Brownmed Ranked as one of the Fastest-Growing Private Companies in America by Inc. Magazine
Brownmed Ranked as one of the Fastest-Growing Private Companies in America by Inc. Magazine Brownmed Ranks No. 2257 on the 2013 Inc. 500|5000 with Three-Year Sales Growth of 162%
•Brownmed is now a 5-time honoree on the Inc. 5000 list •Ranking has increased for four consecutive years •Brownmed also ranks as one of the Top 100 fastest-growing manufacturing companies and Top 10 fastest-growing companies in Iowa.
August 30, 2013 - Inc. magazine recently ranked Brownmed No. 2257 on their annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at an integral segment of the economy—America’s independent entrepreneurs. Brownmed joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent brands featured on this year’s list.
“We are honored to once again achieve this distinction,” said Ivan Brown, President and CEO of Brownmed. “Our ability to sustain growth at this level is due to our singular focus on delivering products to the market that improve the lives of individuals.”
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion. 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 at http://www.inc.com/5000.
"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” says Inc. Editor Eric Schurenberg.
About Brownmed Brownmed manufactures and markets medical devices worldwide, with production in the United States as well as Asia. Brownmed is an ISO 9001 certified facility with offices in Spirit Lake, Kansas City and Boston. More information on Brownmed products may be found at www.brownmed.com
Methodology The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million.
Media Contact Matt Garver 617-936-4899 firstname.lastname@example.org
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