Crown Laboratories Selected as One of Inc. 5000 Fastest Growing Companies in U.S.

For the fourth consecutive year, Crown Laboratories has been recognized by Inc. 5000 as one of America’s fastest growing companies. Crown Laboratories manufactures Blue Lizard Australian Sunscreen at its headquarters in Johnson City, Tenn.

Crown Laboratories ranked #1548 on the 2016 Inc. 5000 list as well as #21 on the magazine’s top companies in Tennessee list. The company has shown a 246 percent growth over the past three years.

In 1982, Inc. Magazine introduced the Inc. 500 list of the fastest-growing privately held companies in the U.S. Since then, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success and the place where future household names first make their mark. Pandora, 7 Eleven, Toys 'R' Us, Zappos.com and numerous other well known brands have been honored by the Inc. 5000. In 2007, the Inc. 500 list expanded to the Inc. 5000, giving readers a deeper, richer understanding of the entrepreneurial landscape and capturing a broader spectrum of success.

The Inc. 5000 is ranked according to percentage revenue growth over a three-year period. To qualify, companies must have been founded and generating revenue by the first week of the starting calendar year, and therefore able to show three full calendar years of sales. Additionally, they had to be U.S.-based, privately held and independent—not subsidiaries or divisions of other companies—as of December 31 of the last year measured. Revenue in the initial year must have been at least $100,000, and revenue in the most recent year must have been at least $2 million. All 5000 companies are profiled at inc.com with the top 500 also included in the September issue of Inc.  

Crown Laboratories, Inc. is a privately held, fully integrated, specialty pharmaceutical company dedicated to the development, manufacturing and commercialization of novel consumer healthcare products, branded and generic prescription products, and contract development and manufacturing services. For more information about Crown Laboratories or its products, visit www.crownlaboratories.com.

 

August 19, 2016 by Blue Lizard Staff
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