Southeastern Equipment and Supply Repeats on Inc. Magazine List of America’s Fastest-Growing Private Companies—the Inc. 5000

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Southeastern Equipment, a leading supplier of new, refurbished and used cleaning supplies ranks No. 2,773 on the 2009 Inc. 5000 with three-year sales growth of 103.6%.

That’s why our list is so eagerly anticipated every year.

Inc. magazine has ranked Southeastern Equipment and Supply, a supplier of new and used cleaning supplies such as the Tennant floor scrubber, at No. 2,773 on its third-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. This year’s list was topped by Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida’s ailing insurance industry.

“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”

Southeastern Equipment and Supply ranked on the Inc. 5000 for the second consecutive year with three-year sales growth of 103.6 percent. The company is a leading supplier of new, refurbished and used cleaning equipment. Based in West Columbia, South Carolina but with a robust online presence at http://www.southeasternequipment.net/, the company sells a variety of industrial cleaning products including floor sweepers, floor buffers and floor polishers. It also ranked No. 42 in the category of Environmental Services.

Southeastern Equipment and Supply General Manager Grady Martin said that the company has been able to maintain its growth during difficult economic times by providing consumers with a range of choices when it comes to buying industrial cleaning products such as a floor sweeper or floor scrubber.

“In these tough economic times, companies are looking for savings everywhere they can,” Martin said. “By being able to offer a range of new, used and refurbished products at a variety of prices, we can allow every company that does industrial cleaning to purchase affordable and reliable equipment in a convenient manner.”

Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Southeastern Equipment and Supply

Based in West Columbia, South Carolina, Southeastern Equipment and Supply sells, leases, and resells new and reconditioned floor scrubbers, street sweepers, auto scrubbers, and upright vacuum cleaners to businesses, warehouses and distribution centers in 25 countries. For more information, visit http://www.southeasternequipment.net.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (http://www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About the Inc. 500|5000 Conference

Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit http://www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.

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