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
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.
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