Old Orchard Brands Makes Inc. Magazine's List of 5,000 Fastest-Growing Businesses in the U.S.
Leading Beverage Brand is Among Top 250 Companies With More Than $125MM in
Sales
SPARTA, Mich., Aug. 24 /PRNewswire/ -- Leading juice beverage
manufacturer Old Orchard Brands has made the first-ever Inc. 5,000 list of
the fastest- growing private companies in the U.S. The Company is the lone
fruit juice brand to make the list, posting an impressive three-year growth
of nearly 32 percent.
The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list,
catches many businesses that are too big to grow at the pace required to
make the Inc. 500, as well as a host of smaller firms. Taken as a whole,
these companies represent the backbone of the U.S. economy.
"The Inc. 5,000 provides the most comprehensive look ever at the most
important part of the economy -- the entrepreneurial part," said Inc. 5,000
Project Manager Jim Melloan. "The expansion of the list has allowed us to
tell the stories of larger companies, older companies, and a wealth of
companies in industries like Manufacturing and Construction that are
underreported in the business media."
Old Orchard Brands is the nation's third-largest producer of fruit
juice. The company is one of the fastest-growing fruit juice brands in the
U.S., producing more than 15 million cases of juice per year for major
grocery retailers such as Publix, Walmart, Meijer, Safeway and Target. The
company has played the role of category innovator with nearly 30 new
product introductions over the past three years, including a number of
organic, reduced-sugar and juice/tea blends.
"This is a significant nod to the strength of our brand," said Mark
Saur, president and founder of Old Orchard Brands. "These lists typically
are made up of smaller companies that are able to realize incredible growth
because of they are new. We, on the other hand, are a well established
23-year-old company, so the fact that we're still cited among the
fastest-growing companies in the U.S. is a point of pride."
The Midwest tops Inc.'s list as the region reporting the most growth
with 1,046 of the top 5,000 companies residing there. The list includes
other notable Michigan brands including Hayworth, FinCor, and Rockford
Construction.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006.
To qualify, companies had to be U.S.-based and privately held, independent
-- not subsidiaries or divisions of other companies -- as of December 31,
2006, and have had at least $200,000 in revenue in 2003, and $2 million in
2006.
Companies can apply for next year's Inc. 500 and Inc. 5,000 by
registering with IncBizNet, the new social network for private companies
that will launch this fall on Inc.com.
About Old Orchard Brands
For more about Old Orchard, visit www.oldorchardjuice.com.
About Inc.com
For more about the Inc. 5,000 list, visit www.inc.com.
SOURCE Old Orchard Brands
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