LVS ranked in Inc. 5000
NEW YORK August 23 2007 - Inc. today ranked Lambriar Vet Supply No. 939 on its first-ever Inc. 5 000 list of the fastest-growing private companies in the country. The Inc. 5 000 an extension of Inc. magazine's annual Inc. 500 list catches many businesses that are too big to grow at the pace required to make the Inc. 500 as well as a host of smaller firms. Taken as a whole these companies represent the backbone of the U.S. economy.
"The Inc. 5 000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part " said Inc. 5 000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies older companies and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media.
Established in 1994 by Douglas Lambert Lambriar Animal Health Care strives to provide quality veterinary supplies and pet supplies at competitive prices. Our staff has earned the respect and trust of customers globally. As the professional's authority in the pet care industry we continually work to assist our customers in all facets of their businesses. Value added services include our on staff veterinarian who is available to our customers for their questions and concerns an in house pharmacist and an extensive educational library. Our articles provide basic to advanced information for the health and well being of dogs cats birds horses cattle swine sheep and goats.
The 2007 Inc. 5 000 as revealed online at www.inc.com reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5 000 can be found at www.inc.com/inc5000. The list features a profile for each company almost all of them written as a result of Inc. interviews with management. In addition the list is searchable according to numerous criteria including industry city state region and year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest region with 1 046 of the fastest-growing companies followed by the West with 884 companies. The Southeast comes in a close third with 872 companies followed by the Northeast with 782 companies and the Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction with 561 of the fastest-growing companies in this category followed by Manufacturing with 515 companies IT services in third with 466 companies Business Services with 377 companies and Advertising Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5 000.
Industries reporting the highest total revenue in 2006 are Construction ($27.1billion) Manufacturing ($18.6 billion) Health ($13.1 billion) Computers Electronics ($12.7 billion) and Financial Services ($11.8 billion).
Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify companies had to be U.S.-based and privately held independent - not subsidiaries or divisions of other companies - as of December 31 2006 and have had at least $200 000 in revenue in 2003 and $2 million in 2006.
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