LaCrosse Litho Supply Makes Inc.com '5000' List
-- Graphic Arts Online, 8/27/2008 11:43:00 AM
NEW YORK CITY, (Press Release) – Inc. has ranked La Crosse Litho Supply No. 4,280 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
Originally founded in 1974 as a regional graphic arts dealer, La Crosse Litho Supply was purchased in 1999 by Randall M. Peters and has realized growth in annual sales of more than tenfold. The graphic arts equipment and consumables dealer relocated its national headquarters from La Crosse, Wisconsin, to Pewaukee, Wisconsin, in late 2000. To better serve its customers, La Crosse Litho Supply moved into a new headquarters facility in August 2007. This new state-of-the-art facility, located in Sussex, Wisconsin, is nearly triple the size of its former headquarters.
La Crosse Litho Supply, LLC maintains and utilizes its La Crosse facility to service the western Wisconsin, Minnesota and Iowa markets; the Sussex location primarily services the eastern Wisconsin, Illinois, and Indiana markets and the expanding national customer base.
“The team at La Crosse Litho Supply works tirelessly to provide unparalleled service and support to our customers,” said Randall M. Peters, President. “We pride ourselves on offering our customers complete graphic solutions that no other dealer has the expertise to match.”
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most companies of any city with 355. Washington, D.C. comes in a close second with 300 companies on the list; Los Angeles comes in third with 244 companies, and Atlanta (194 companies) and Chicago (189 companies) round out the top five. Interestingly, only 62 companies on the Inc. 5000 are not based in metropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue of any metro area ($26.2 million, 16 companies), followed by San Antonio, Texas ($21.3 million, 25 companies), Baton Rouge, La. ($18.8 million, 14 companies), Houston ($17.1 million, 97 companies), and Kansas City, Mo.-Kan. ($16.5 million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000.
Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com's audience of business leaders. www.inc.com
About La Crosse Litho Supply
La Crosse Litho Supply is the premier graphic arts distributor to the Upper Midwest with a growing national customer base. The company’s technical expertise and corporate partnerships with industry-leading manufacturers such as Kodak, Agfa and Presstek support the top equipment and consumable products for commercial, digital, flexo, wide-format printing and more. www.lacrosselitho.com
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