Sugarcreek, Ohio (PRWEB) August 23, 2012
Inc. magazine today ranked SUPERB Industries, Inc. of Sugarcreek, Ohio number 39 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing privately held manufacturers.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Packrite LLC tops this year’s manufacturing list and along with SUPERB joins the ranks of such luminary national companies as Intuit, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Oracle, CDW, Levi Strauss and a little social media company called Facebook who are past and present INC500|5000 honorees.
“Sugarcreek—known as the Little Switzerland of Ohio—may seem like an unlikely location for a company ranked among the top 50 fastest growing US manufacturers,” said SUPERB president, John Miller, “However, I believe our local culture dedicated to quality craftsmanship and a strong work ethic is precisely why we have made the INC5000 list for three years during a tough economy—SUPERB was ranked number 351 in 2008; today we are number 39 in the manufacturing category.”
SUPERB Industries, Inc. manufactures engineered metal and plastic components for multinational companies around the world. SUPERB is on track to manufacture 160 million engineered components in 2012 and export over half of them to low-cost countries like Mexico and China.
In the current stagnant economic environment, median growth rate of 2012 INC 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on INC500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million.
Complete results of the INC500|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.
Press Contact: Jean Michel, firstname.lastname@example.org
John Miller, email@example.com