NorAm International Partners, Inc. Recognized in the Top 200 Fastest Growing Companies by Inc. 500.

HUDSON, N.H., Aug. 24 /PRNewswire/ -- NorAm International Partners, Inc., a leading asset recovery and third party logistics provider in the nation announced being ranked #194 in the 2010 Inc. 500 List.  Founded January 1, 2006, this is the first year the Company was eligible for nomination, with 3-year growth of almost 1500% and 2009 sales of $12.8M.



(Logo: http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)

"Being recognized by Inc. 500 is testimony to the remarkable commitment of the team we have built to execute an aggressive growth strategy during these tough economic times," comments President and Co-Founder, Kellie DuGally .  "Demand for our services is being driven by the growing appreciation for value in the DVD, CD, Video Game and Consumer Electronics space.  Our new overstock, and used refurbished products offer both value and quality at a time when nearly every consumer can appreciate economic savings," continues DuGally.



Managing the customer trade-in programs for one of the largest retailers in the country, NorAm expects 2010 revenue growth to triple from $12.8M in 2009, to over $36M.  "We hope to be back again on the 2011 list with an even greater 3 year growth story," says Michael DuGally, CEO and Co-Founder.  "Our commitment from day one to lean practices has set our firm apart.  We've also been able to build partnerships where we truly integrate with our business partners, never taking them for granted.  We have two customers for every product we touch; our partners and their end users. Our success is predicated on an unrelenting commitment to ensuring both of those customers have positive experience as a result of our services," continues Michael.



In spite of overall concerns about the economy, the domestic and global demand for used, refurbished, and secondary market new overstock goods continues to grow.  With expansion into United Kingdom, and great EU markets planned for 2011, NorAm sees remarkable room for growth over the next 12-36 months. NorAm recently opened offices in London, working to bring similar best practices to the emerging trade-in market there.



About NorAm International Partners, Inc.



NorAm provides third party logistics, specializing in asset recovery, trade-in program management, and refurbishing of media (Books, DVD, CD), Video Games and consoles, and Consumer Electronics.

  

The company is based in Hudson, NH, with 70,000 square feet of operations at two facilities.

SOURCE NorAm International Partners, Inc.