SURYA EARNS SPOT ON INC. 5000 LIST FOR FIFTH CONSECUTIVE YEAR, JOINS HONOR ROLL
Brand recognized for consistent triple digit growth
CALHOUN, Ga. — Aug. 13, 2015 —
Surya has been named to the prestigious Inc. 5000 list for the fifth straight year. The home accessories provider secured its place on the list, an exclusive ranking of the nation's fastest-growing private companies, based on revenue growth of 103 percent and the addition of 135 jobs during a three-year period. By revenue, Surya ranked in the top 25 in the Consumer Products & Services segment and 14 among 221 Georgia-based companies making the list. In recognition of its five-year track record of strong growth, the brand also garnered a spot on the Inc. 5000 Honor Roll.
This achievement marks a significant accomplishment for Surya, which has doubled its revenue during the past three years, growing from $50 million in sales in 2011 to $101.3 million in 2014. Contributing to this steady organic growth is the brand’s incremental expansion into multiple home accessory categories, including – most recently – lighting and bedding, and new channels such as hospitality and outdoor. Committed to innovation, Surya is also a leader in providing its customers with targeted, technology-driven merchandising and sales solutions designed to help them optimize home accessory sales.
“Family businesses like Surya are a significant contributor in creating jobs and value for our economy, and our continued growth in both revenue and head count validates that we are making a real impact,” said Satya Tiwari, president, Surya. “This success wouldn’t be possible without the many retailers and designers who support our vision as well as our employees and partners who, through their passion and determination, are pushing the limits on service delivery and raising the bar for the home furnishings industry. We are truly honored to be named to the Inc. 5000 list for the fifth year running.”
Surya is scheduled to relocate to a new, one-million-square-foot corporate office and distribution facility in Cartersville, Ga., in late 2015. The move will allow the brand to consolidate shipping and distribution for its product offerings, creating a highly efficient logistics base and increased operational flexibility while also enabling the addition of more than 200 jobs during the next several years.
“The story of this year’s Inc. 5000 is the story of great leadership,” commented Inc. President and Editor-In-Chief Eric Schurenberg. “In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top. Business owners don’t achieve that kind of success by accident.”
Methodology
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011 and be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2014.
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