Inc., the American business magazine, today ranked Brown Medical Industries Number 2478 on its fifth annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies, with three-year sales growth of 95 percent.
The list represents the most comprehensive look at the most important segment of the United States economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. Brown Medical Industries joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts, among other prominent brands, featured on this year’s list.
In a stagnant economic environment, 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.
From 2010 to 2011, Brown Medical Industries experienced employment growth of 35 percent. The company recently embarked on an expansion plan that will provide an additional 50,000 square feet of manufacturing space and added 12,000 square feet of office space to its Spirit Lake, Iowa, USA headquarters.
Brown Medical Industries manufactures and markets medical devices worldwide, with production in the United States as well as Asia. BMI is an ISO 9001 certified facility with offices in Spirit Lake, Kansas City and San Diego and Duesseldorf, Germany. More information on BMI products may be found at brownmed.com or imakproducts.com.