New York, Sept. 6, 2011 (GLOBE NEWSWIRE) -- Inc. magazine today ranked printed circuit board supplier, Bare Board Group, #4095 on its 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. Bare Board Group joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Jane Berentson.
This is the 5th year in a row that Bare Board Group has received the honor. Out of the 37,000 companies that have been named to the Inc. list since 1982, less than 5% have been honored five or more times.
"We were excited to find out that hard work paid off, yet again, when we made this year’s list," said BBG President Greg Papandrew. "We were overwhelmed to learn that we joined an elite circle of less than 5% that have ranked to the list 5 or more years. With the economy still presenting a challenge, we continue to cultivate relationships with customers, both new and old, by constantly striving to grow and improve the services we provide them."
The 2011 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2001. Additionally, companies had to be based in the United States, privately held, for profit, and independent--not subsidiaries or divisions of other companies.
About the Bare Board Group: Bare Board Group (BBG) is an award-winning, nationally recognized supplier of quality high-mix, low-to-medium volume production printed circuit boards from overseas. With offices in the U.S. & Taiwan, BBG's ISO-9001 approved infrastructure allows for on-site expediting, source inspection and around-the-clock communication. Due to a dedication to customer service and support, BBG was recently named "2009 Supplier of the Year" by National Instruments. For more information about BBG visit us on the web at www.bareboard.com
About Inc. Magazine: Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (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 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.