For the 4th Time, APP Lands on Inc. 5000, Ranking No. 3066 with a Three-Year Revenue Growth of 121%
Philipsburg, PA August 19, 2019 – Inc. magazine today revealed that Advanced Powder Products, Inc. (APP) is No. 3066 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are proud to be recognized for our hard work and accomplishments by Inc. for the fourth consecutive year”, said APP president, Donald Heaney. “As we continue to grow, we are pushing industry boundaries to provide innovative metal injection molding solutions to some of the most critical industries. At APP, we aren’t just shaping components, we are shaping American manufacturing.”
Inc.com will be featuring the top 500 companies in their September issue of Inc., available on newsstands August 20th of this year. Inc. highlights that these companies have been very competitive within their markets, and revealed staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
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 http://www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
ABOUT ADVANCED POWDER PRODUCTS, INC.
Founded in 2000, Advanced Powder Products, Inc. (APP) specializes in metal injection molding (MIM) and 3D metal printing for the firearms, medical, industrial and defense industries. The U.S. based company offers additional proprietary solutions including ProtoMIM® and Printalloy® that give the customer multiple options for precision, net-shape components. Today, the company delivers over 10 million components to the OEM market annually. For more information, visit www.advancedpowderproducts.com.
ABOUT INC. AND THE INC. 5000 METHODOLOGY
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.- based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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 http://www.inc.com/inc5000.
ABOUT INC. MEDIA
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com.