Cogent Fibre LLC Ranks No. 402 on the 2010 Inc. 500 With Three-Year Sales Growth of 734% and No. 7 in its Industry Category
NEW YORK, Sept. 3 /PRNewswire/ -- Inc. magazine has ranked Cogent Fibre No. 402 overall and No. 7 in its industry category of Manufacturing on its 29th annual Inc. 500, 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-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Zipcar, Clif Bar, American Apparel, Oracle, and many other well-known names gained early exposure as members of the Inc. 500.
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"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."
Established in 2005, Cogent Fibre is a privately held company that produces and exports pine wood chips from the eastern coast of the United States.
Cogent Fibre's wood chips are produced from the necessary tree thinning of private timberlands in the southeastern United States and are used in the manufacture of paper pulp, particleboard, medium density fibreboard and for the generation of clean, renewable energy in biomass fired power plants.
To date Cogent Fibre has exported more than two million metric tons of pine wood chips and is proud to be the leading wood chip exporter on the eastern coast of North America.
"Being included in Inc. Magazine's top 500 fastest growing private companies is an honour and one that speaks to all of the recipients' unfaltering commitment to growth no matter what challenges arose during the recent recession," said Cogent Fibre's, Don McClure. "For Cogent Fibre, we achieved a 734% revenue growth over the last three years in spite of the fact that overall our industry contracted." He continued, "We attribute our success to our team's commitment to timely and cogent decision making, but more importantly to our partners and customers who supported us and remained flexible during extremely challenging economic times."
About Cogent Fibre
Established in 2005, Cogent Fibre is a privately held company that produces and exports pine wood chips from the eastern coast of the United States. Cogent Fibre is the exclusive wood chip exporter from East Coast Terminals, a world-class wood chip loading facility in Savannah, GA. Cogent Fibre's facility is the only currently active wood chip terminal in the eastern United States, possessing a 150,000 metric ton wood chip storage capacity and ideally positioned in the heart of the abundant US South wood basket.
For more information:
www.inc.com/inc5000/profile/cogent-fibre
SOURCE Cogent Fibre
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