2012-09-03 - Cold Jet Ranks on Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies - the Inc.500|5000
(Loveland, Ohio – September 3, 2012). Inc. magazine ranked Cold Jet LLC on its sixth annual Inc. 500|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 entrepreneurs. Unified Payments tops this year’s list. Cold Jet joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
In a 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 Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward,” said Inc. Editor Eric Schurenberg. “Growth companies, not large corporations, are where the action is.”
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 here.
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. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found here.
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 www.inc.com.
About Cold Jet
Cold Jet® is the world leader in developing innovative, environmentally responsible cleaning solutions that help companies reduce maintenance costs, enhance product quality, prolong equipment life, and improve productivity and worker safety. Cold Jet's extensive line of dry ice cleaning systems are used in a variety of industries, making productive use of recycled carbon dioxide while eliminating the need for chemicals and water in the cleaning process. In addition to its dry ice-based cleaning systems, the company's dry ice production equipment is used by every major gas company worldwide to produce the highest density dry ice available. Cold Jet is a private company with global headquarters in Loveland, Ohio and international operations in Europe, Asia, Canada and Mexico. For more information, visit www.coldjet.com or call 1-800-337-9423 or +1 513-831-3211 (International).