Inc. Magazine announced recently that Ossian-based Trusted Supply Chain Partners qualified for its prestigious “Inc. 5000” list. The New York City-based magazine is written for the people who run growing companies. Inc. publishes an annual list of the 5,000 fastest-growing private companies in the U.S.
The 2009 Inc. 5000 was ranked according to percentage revenue growth over a four year period from 2005 to 2008. To qualify, companies must have been founded and generating revenue by the first week of the starting calendar year, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, and independent—not subsidiaries or divisions of other companies—as of December 31 of the last year measured. Revenue in the initial year must have been at least $200,000, and revenue in the most recent year must have been at least $2 million.
Trusted placed #3638 on the list, and grew its revenue from 64.5% from $3.1M to $5M. That rate of growth was nearly three times that of the average competitor in the broad category of custom metal fabrication and machining. The benchmark rate was just 23% over the same period.
The company, formerly Trusted Manufacturing, credits its success in good part to disciplined application of Theory of Constraints, and offers a preview of its partnership model on-line at www.trustedmfg.com.
“We are small business experts with a unique cross-discipline team approach, delivering world class solutions for engineering, manufacturing and inventory management problems,” said Lane Gerber, CEO. “This allows our customers, who specialize in sales, marketing and innovation, to focus on what they do best and leave the details to us. In many cases, we help companies reduce overall costs through partnering with them on strategic planning, product design enhancement and supply chain management.”
