Baltimore, MD (PRWEB) August 30, 2010
Inc. magazine has ranked CARCHEX NO. 887 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. CARCHEX is ranked number 20 in the Baltimore area and number 51 nationally in the category of Consumer Products & Services.
“It’s a great honor to be on Inc. 500/5000 list for the 2nd year in a row,” said CARCHEX CEO Jason Goldsmith. “In 2009 we achieved a 933% growth rate over the previous three years and in 2010 we continued to grow quickly with a 340% growth rate. We expect to continue to expand rapidly in spite of the difficult economy. We are proud of our company’s growth and believe that it’s a testament to delivering an excellent consumer experience and value.”
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. This year's Inc. 5000 employ a record 1.4 million people, up from one million on last 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.”
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 http://www.inc.com/5000.
Headquartered in Hunt Valley, Md., CARCHEX is the premier provider of Extended Vehicle Protection (commonly referred to as Extended Auto Warranties) and Mobile Vehicle Inspections. As the preferred partner to the most trusted names in the automotive industry, including Dale Earnhardt Jr., Pat Goss of TV’s MotorWeek, Carfax and Kelley Blue Book, CARCHEX provides customized coverage plans allowing consumers whose factory warranties have expired to get the highest level of protection for their vehicles at the most competitive prices. A decade long commitment to protecting automotive consumers and providing exceptional customer service has translated into an A+ Rating with the Better Business Bureau. To learn more about CARCHEX and to Get Protected, visit http://www.CARCHEX.com.