Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies–the Inc.500|5000
Carolina’s Home Medical Equipment, Inc. Ranks No. 2,849 on the 2012 Inc. 500|5000 with Three-Year Sales Growth of 80%
NEW YORK, August 21, 2012 –, Aug. 21, 2012 (GLOBE NEWSWIRE) — Inc. magazine today ranked Carolina’s Home Medical Equipment, Inc. NO. 231 for its industry, and 2,849 overall on its sixth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy–America’s independent entrepreneurs. Unified Payments tops this year’s list. Carolina’s Home Medical Equipment joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
“We are delighted to be recognized for our growth achievement over the past three years. We have been blessed with an exceptional staff,” said Frank Trammell, President and CEO of Carolina’s Home Medical Equipment. “Their experience and motivation to understand and deliver extreme service is the cornerstone of our success. Additionally, we are very fortunate to have relationships with our referral partners that understand and appreciate quality customer service and care for their patients. Without these wonderful relationships this growth achievement would have never happened.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
More about Inc. and the Inc. 500|5000
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit https://www.inc.com/.