J. R. Clancy Moves Up in 2011 Inc. 5000 List
Stage rigging designer and manufacturer J. R. Clancy, Inc., joins the ranks of the fastest growing private companies in the United States for the second straight year, by qualifying for Inc. Magazine's 5000 list. J. R. Clancy rises in the list to #3498, up 393 spots from its 2010 ranking of #3891. The complete list is published in Inc. Magazine's September 2011 issue, which arrives on newsstands today.
Among the manufacturing companies on the Inc 5000 list, J.R. Clancy ranks at #125 out of a total of 233.
Since its inception in 1982, the Inc. 5000 has become one of the most respected indicators of entrepreneurial success among America's privately held companies. '
The U. S. Small Business Administration estimates that there are roughly six million businesses with employees in the United States, based on data from the U.S. Department of Commerce, the Bureau of the Census, and the U.S. Department of Labor. The Inc. 5000 list draws attention to the top companies among this vast field of eligible businesses.
The list ranks companies by percentage of overall revenue growth over a three-year period. In addition, companies that make the list are ranked by industry, metro area, revenue, and number of employees.
"Being an Inc. 5000 company once again, and rising in the list by 393, are solid indicators that our corporate strategy is working," said Mike Murphy, J. R. Clancy president. "First, we became an ISO 9001-registered company and changed our processes dramatically to do business more effectively. At the same time, we made it our mission to 'Make Our Partners Successful.' This dual focus -- on our internal processes, and on delivering every order on time, complete and correct for the benefit of our customers -- has proved itself in its effect on our bottom line. We are very pleased to earn this ranking once again, as an outward confirmation of our successful strategy."