http://www.vermontbiz.com/news/january/vermont-business-magazine-releases-vermont-100
Fri Jan 7 2011
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Vermont Business Magazine
National Life Group of Montpelier continues to show remarkable resiliency through the economic downturn as it once again shows revenue growth in 2010, as revealed in Vermont Business Magazine’s annual Vermont 100+ ranking of the largest Vermont-based companies.
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Meanwhile, Green Mountain Coffee Roasters of Waterbury joined National Life as the state’s second billion dollar company, as listed in VBM’s January 2011 issue. GMCR showed remarkable growth, most notably through its recent acquisitions of coffee companies on the West Coast and in Canada.
Some of the fastest-growing companies include AllEarth Renewables in Williston, which did not even make the list previously, but is now a $10 million dollar company, and Dealer.com of Burlington, which is now an $85 million company. In general, the revenue numbers of Vermont 100 companies experienced noticeable growth over the slump of 2009. In all, nearly 200 companies were ranked.
Number of companies showing year-over-year growth of the Vermont 100.
“We have not witnessed so many of Vermont’s finest firms struggle so much over the last several years,” said VBM Publisher John Boutin. “But there is resiliency here to the point of remarkable expansion and profits. We salute those companies who have done well despite this historically bad economic downturn. We also thank all the companies that participated and volunteered their financial results at a time when those results for some companies reflect so much pain. To us, it reveals a deep faith in what lies ahead.”
About the Vermont 100+
This is our 24th annual Vermont 100+. In January 1987, we ran our first Vermont 100 ranking of the largest Vermont-based companies, predicated on 1986 revenues. Since then there have been only three companies that have been Number One: C&S Wholesale Grocers, National Life Group and Fletcher Allen Healthcare.
The ranking was expanded beyond just 100 companies in the 1990s to allow for more diversity within industry categories. Now we use a $3 million cutoff for the list. All Vermont-based companies and stand-alone subsidiaries qualify.
About Vermont Business Magazine
Since 1972, VBM has been the leading source of statewide Vermont business news and data. It publishes every month, in addition to three annual publications: The Vermont Business & Manufacturers Directory (May), The Book of Lists (August), and the Ask the Experts/Business Profiles (December). VBM also sponsors or co-sponsors several business awards events: Vermont Centennial Business Awards (March); Best Places to Work in Vermont (April); Deane C Davis Outstanding Vermont Business of the Year Award (May); Vermont SBA Small Business Person of the Year (June); 5x5x5 Growth Awards (September); and Vermont Rising Stars (November).
Springfield Medical Care Systems, Inc. , Earth Brothers Ltd , PCM Image-Tek , Acrylic Designs Inc , Lovejoy Tool Co, Inc , EME Management
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