FOR IMMEDIATE RELEASE
The Rimm-Kaufman Group is once again named among Inc. Magazine’s fastest growing companies
Charlottesville, Virginia, Wednesday, August 19, 2009. For the second consecutive year, The Rimm-Kaufman Group (RKG) has been honored by Inc. Magazine as one of the fastest growing private companies in America. RKG, which appeared on last year’s list at #315, is ranked at #536 on this year’s list, which is based upon percentage revenue growth over the three year period ending 2008. RKG is ranked #52 in the Advertising & Marketing segment.
Inc. Magazine —which announces this year’s list in the September issue—has been publishing its popular Top 500 list since 1982. In 2007, it expanded the list to include the Top 5000 in order “to get a better statistical picture of the overall economy,” according to the magazine’s web site.
An official press release accompanying the list indicates that the companies included are surging in spite of the economic downturn: “Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.”
This has been the case for Rimm-Kaufman Group which continues to grow and hire new employees despite the economy’s doldrums. RKG has seen its revenues grow more than 500% since 2005 by managing the search marketing campaigns of many of the nation’s top retailers.
“Only a handful of companies make the Inc 500 two years in a row,” said George Michie, RKG co-founder and CEO. “We just missed doing so, but came awfully close. Fairly remarkable for a firm that hasn't really pursued growth aggressively. We have two full-time sales people. We've done two trade show booths in our history, and we've bought one print ad. We've grown not by bringing in clients by the boatload, but by keeping the clients we catch."
Along with emphasizing RKG’s commitment to clients as a recipe for success, Michie pointed out that a commitment to employees is just as essential. "Importantly, RKG remains a good place to work. We work hard, but we remain dedicated to protecting our employees' family time outside of the office."
For more on The Rimm-Kaufman Group please see www.rimmkaufman.com
For more on the Inc. 500 please see www.inc.com