Celebrating five years on the Inc. 5,000 list is something not many organizations can claim,” said Marc Rosen, president of Corporate United. “In the history of the award, only 1,200 companies have achieved the distinction of winning five times.
Cleveland, OH (PRWEB) August 28, 2012
Corporate United, the nation’s largest group purchasing organization (GPO), today announced its fifth consecutive year of ranking on the Inc. 5,000 list. Developed based on a variety of criteria, including percentage of growth (year-over-year), annual revenue and number of employees, only 5,000 out of approximately seven million privately-held U.S. businesses were named to the 2012 list.
As a GPO, Corporate United is made of members that look to the company not only for cost savings, but also for thought leadership, best practices sharing and long-term solutions. Corporate United recently reached a milestone of 200 members.
“Celebrating five years on the Inc. 5,000 list is something not many organizations can claim,” said Marc Rosen, president of Corporate United. “In the history of the award, only 1,200 companies have achieved the distinction of winning five times. This milestone not only attests to the hard work of our people, but also our members and suppliers.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5,000 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.
“Growth is a key and crucial component to our success as a member-based organization,” said Rosen. “When Corporate United grows, the resources we can share with our members and suppliers grow, enabling us to provide more cost savings and resource flexibility for all our audiences.”
"Now, more than ever, we depend on Inc. 500/5,000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Inc. editor Eric Schurenberg.
Complete results of the Inc. 5,000, 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/inc5000/welcome.
About Corporate United
As the nation’s largest group purchasing organization, Corporate United’s mission is to advance the collective spend management efforts of its member companies. This is achieved through a combination of access to market-leading leveraged agreements and the application of category lifecycle management (CLM). Corporate United is comprised of 200 member companies spanning every industry sector and representing over $50 billion in aggregated spend. Founded in 1997, Corporate United is headquartered in Cleveland, Ohio. For more information, visit http://www.corporateunited.com.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.