Friday, August 27, 2010
(Lexington, KY) – The Big Ass Fan Company once again joins an exclusive ranking of the fastest-growing private companies in the nation proving innovation and hard work pay off.
Inc. magazine’s prestigious Inc. 5000 list represents a comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
Big Ass Fans, one of the worldwide leading manufacturers of large diameter, low speed fans ranging in diameter from 6’ to 24’, has been included on the Inc. 5000 list since the list was founded in 2007. The Inc. 5000 is ranked according to percentage of revenue growth from 2006 through 2009.
“Our growth pattern has continued despite the recession and we are proud to be included on the Inc. 5000 list for the fourth year in a row,” says Carey Smith, founder and CEO of Big Ass Fans. “We continue to invest in engineering to develop new and innovative products that provide energy-efficient air movement solutions for a wide variety of applications. Every aerodynamically engineered product provides enhanced comfort and year-round energy savings.”
“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.”
Ranked at number 4245, Big Ass Fans will join this year’s honorees at the Inc. 500|5000 Conference & Awards Ceremony, September 30–October 2, 2010, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2010 Inc. 500|5000 Conference & Awards Ceremony, visit www.inc500conference.com
About Big Ass Fans
Big Ass Fans designs and engineers contemporary 6- to 24-foot diameter fans for industrial, agricultural and commercial settings. Every Big Ass Fan uses an energy-efficient motor to generate air movement in large spaces, providing occupant comfort and energy savings year round. More than 40,000 Big Ass Fans have been installed worldwide in applications such as industrial plants, dairy barns, hangars, schools, lofts and health clubs. Product solutions include Powerfoil®X™, Pivot™, AirGo™, Element® and Isis™. Big Ass Fans has been featured in Inc. Magazine, Entrepreneur, Fast Company, Popular Mechanics and on television networks such as MSNBC and Discovery Channel. For more information on Big Ass Fans, visit www.BigAssFans.com or call 877-244-3267.
Methodology
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is one of the only major business magazines 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 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
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For more information please contact:
Sherrell Watson
swatson@bigassfans.com
(859) 967-0513
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