Inc. magazine has ranked Projections, Inc. #2524 on its fourth annual Inc. 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-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children’s red wagon, are among the prominent brands featured on this year’s list.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
Projections, Inc., headquartered just outside of Atlanta, is proud to have been recognized for the second year in a row, rising nearly 1000 points in the Inc. 5000 rankings. “We sincerely appreciate the confidence our clients place in us,” said CEO Walter Orechwa. “These clients rely on Projections’ expertise, to help them not just communicate, but truly connect with employees.”
Projections’ in-house capabilities include concept-to-completion video, websites and eLearning. Since 1979 these unique and multi-award-winning resources have helped corporate America continue to strengthen their workforce. Recent projects have included clients in health care, retail, trucking and logistics, industrial, manufacturing, food & beverage, vehicles, senior care and a variety of other industries.
The 2010 Inc. 5000, unveiled August 24, 2010, on Inc.com, serves as a unique illustration of the profound changes taking place in the U.S. economy. The fastest-growing sector by median revenue growth was Real Estate, now just a tiny group of 38 young, small companies, which showed 231 percent median growth over the period. (There were 121 Real Estate firms on the inaugural Inc. 5000 in 2007.) Business Products & Services is the top industry by number of companies on the list (640) and total revenue ($80.7 billion), while Health is the biggest by total employment (287,726 jobs).
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 on www.inc.com/5000.
Additional information on Projections can be found by visiting their website at ProjectionsInc.com.
