SYOSETT, N.Y., Aug. 24, 2016 /PRNewswire/ -- CEO Connection, the only membership organization exclusively for mid-market CEOs, has released the 2016 Mid-Market 500 and 1000 lists and ranked Leprino Foods Company, Inc. No. 1.
The lists rank the top mid-market companies in the United States by their gross revenue (defined as having annual revenues between $100 million and $3 billion). Comprised of nearly 20,000 publicly and privately held companies, the mid-market represents an integral piece of the U.S. economy, employing more than 30 million people and generating approximately $10 trillion of the $30 trillion of annual gross receipts.
Taking the No. 2 spot is M.A. Mortenson, followed by Great Lakes Cheese, Inc., Colonial Pipeline Company and Arkema Inc. Leprino Foods was previously no. 60, while Great Lakes Cheese moved up from no. 2013. M.A. Mortenson, Colonial Pipeline and Arkema are new to the list.
"This is just another step in getting the mid-market the attention it warrants as a job creator, as a force for economic growth and as a driver of social impact," says CEO Connection CEO Kenneth Beck.
There were 187 companies new to the list this year. For the second year in a row, the top industry represented on the list is Industrial Equipment & Machinery. California and Texas have the most ranked companies for the third year in a row. The top 1000 includes companies with revenue from $922M to $3,000M. For the complete list, visit www.midmarketrankings.com.
CEO Connection drew from numerous sources to provide the data for the 2016 Mid-Market 500 and 1000 firms. The research team reviewed the financial data for U.S.-based companies with revenue from $100 million to $3 billion across all industries. The ranking for this list was based on 2015 revenue. Several public resources were used to validate data and capture additional data about the companies, as well as background information about each CEO. In addition, the captured data was validated via surveys to the ranked companies.
Members of the 2016 Mid-Market 500 and Mid-Market 1000 will be recognized at the annual CEO Connection® Mid-Market Convention held in conjunction with the Wharton School at the University of Pennsylvania Sept. 18-21. This exclusive global gathering features hundreds of CEOs, political leaders and business experts convening to discuss issues and challenges for mid-market companies. For more information and to register for the convention, visit www.midmarketconvention.com/registration.
The CEO Connection 2016 Mid-Market Convention is made possible by the interactive support of strategic partners, including ABM, Andromeda Simulations International, Carpedia, Chief Executive Officer, Cooley, Invest in Canada, Delta Private Jets, KR Strategy, MasterCard, Minority Business Development Agency, Prime Genesis, RSM, Sibson Consulting, Mastered in Tennessee and Wharton.
ABOUT CEO CONNECTION:
CEO Connection is the only membership organization in the world reserved exclusively for CEOs of mid-market companies – companies with between $100 million and $3 billion in annual revenue. Our mission is to help mid-market CEOs and their companies succeed. We accomplish this by connecting them to each other; connecting them to people, information and resources to which they would otherwise not have access; and promoting the interests, welfare and perspective of the mid-market.
Members are C-level executives with responsibility for all or significant portions of their respective company. They represent a wide variety of businesses across a broad geographic spectrum. Collectively mid-market companies account for $10 trillion of the $30 trillion annual U.S. private sector gross receipts.
Inspired by C-level Wharton executives, CEO Connection began in 2005 and has evolved into a dynamic community with wide-ranging benefits uniquely designed to help the mid-market CEO and champion the mid-market perspective. For more information, visit www.ceoconnection.com. Stay connected on Twitter: @CEOConnection and LinkedIn: www.linkedin.com/company/ceo-connection
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SOURCE CEO Connection