August 31st, 2011
Inc. Magazine Unveils Its Annual Exclusive List of America’s Fastest-Growing Private Companies—the Inc.500|5000
Brown Medical Industries Ranks No. 2478 on the 2011 Inc. 5000 with Three-Year Sales Growth of 95%
Spirit lake, iowa — Inc. magazine today ranked Brown Medical Industries NO. 2478 on its fifth 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. Online retailer ideeli tops this year’s list. Brown Medical Industries joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
From 2010 to 2011, Brown Medical Industries experienced employment growth of 35%. The company recently embarked on an expansion plan that will provide an additional 50,000 square feet of manufacturing space and an added 12,000 square feet of office space. The future is bright for Brown Medical Industries.
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. Brown Medical Industries manufactures and markets medical devices worldwide, with production in the United States as well as Asia. BMI is an ISO 9001 certified facility with offices in Spirit Lake, Kansas City and San Diego. More information on BMI products may be found at brownmed.com.