For Immediate Release
CARCHEX Named to Inc. 5000 for Third Consecutive Year
Extended Auto Warranty Provider Ranks in Top 3000 of the 2011 Inc. 5000 with Three-Year Sales Growth of 115%
HUNT VALLEY, MD, September 26, 2011 — Inc. magazine today ranked CARCHEX NO. 2183 on its fifth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. CARCHEX, based out of Hunt Valley, Maryland, has now been featured on the list for the third consecutive year.
“We’re very excited that Inc. Magazine has recognized our growth as a company by honoring us for a third-straight appearance on the Inc. 5000” CARCHEX CEO Jason Goldsmith said. “We believe that by delivering an excellent consumer experience and value that we will continue our pattern of growth, regardless of economic conditions.”
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. CARCHEX 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. 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.
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. 5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson
Abel Communications for CARCHEX
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