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PHOENIX - (August 25, 2011) -Inc. magazine ranked The LAVIDGE Company No. 4292 on its fifth 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 entrepreneurs. The LAVIDGE Company joins prominent brands featured on the list including Spirit Airlines, Vizio, Honest Tea, Dunkin Donuts, Metrokane, makers of the Rabbit corkscrew, and online retailer ideeli, this year's list topper.
Despite the stagnant economic environment in the U.S., the 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.
The LAVIDGE Company (TLC), a full-service Phoenix advertising agency, offering a menu of services that includes advertising, public relations, marketing communications, consulting and interactive marketing, was also an Inc. 5000 honoree in 2010. Founded in 1982, TLC works with local businesses, sports franchises and national brands. From Phoenix International Raceway to McDonalds to Massage Envy to Phiten USA to LifeLock, the agency has helped companies increase sales, raise brand awareness and grow their businesses.
"We are honored to place on this list for the second consecutive year - it's extremely satisfying to be ranked among such distinguished companies nationwide," stated CEO Bill Lavidge. "We are thankful for all the clients, past and present that helped us get here. We couldn't have done it without them."
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.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
ABOUT THE LAVIDGE COMPANY
The LAVIDGE Company is a Phoenix based full-service advertising, public relations, communications, consulting and interactive marketing agency. Since 1982, The LAVIDGE Company has specialized in developing brand positioning for products and services. Highlights of the agency's client base include Phoenix International Raceway, Discount Tire, Pearle Vision, Arizona Grand Resort, Massage Envy, Phiten, Banner Health, McDonald's and many more. Named as one of the 15 fastest growing companies in Arizona by Arizona Business Magazine, The LAVIDGE Company was also included in Inc. Magazine's 2011 & 2010 Inc. 5000 lists, voted as one of the "Best Places to Work" in Phoenix by Phoenix Business Journal for four of the last five years, and was recognized by Comerica Bank as a 2008 "Arizona Company to Watch." The LAVIDGE Company offices are located at 2777 E. Camelback Road, #300, Phoenix, Ariz. 85016. More information on the agency may be found at www.LAVIDGE.com. www.internetmarketingagency.com www.tlcdarkroom.com @LAVIDGEco Facebook: LAVIDGECompany.
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