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MEDIA CONTACT:
Denny Walker
AC Direct, Inc.
407-875-0110
Toll-Free 1-866-862-8922.
FIRST-EVER LIST OF THE 5,000 FASTEST-GROWING BUSINESSES
REPORTS TOTAL REVENUE OF $194.5 BILLION
AC DIRECT Ranks No.
2298
on
the newest Inc. 5,000 With Three-Year Sales Growth of 154%
NEW YORK, August 23, 2007 - Inc. today ranked AC
Direct on its first-ever Inc. 5,000 list of the fastest-growing private companies
in the country. The Inc. 5,000, an extension of Inc. magazine's annual Inc.
500 list, catches many businesses that are too big to grow at the pace required
to make the Inc. 500, as well as a host of smaller firms. Taken as a whole,
these companies represent the backbone of the U.S. economy.
"The Inc. 5,000 provides the most comprehensive look ever at the most important
part of the economy - the entrepreneurial part," said Inc. 5,000 Project
Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories
of larger companies, older companies, and a wealth of companies in industries
like Manufacturing and Construction that are underreported in the business media."
Beginning in 2001, AC Direct has grown into America's leading
discount supplier of home air conditioning and heating products. When
AC Direct began offering products consumer-direct they pioneered a totally
new concept that has proven to be extremely popular with consumers
The continued expansion of their product offerings provides AC Direct the opportunity
to reach and educate millions of visitors who are interested in the best, most
cost effective heating and air conditioning products for their home and lifestyle.
"Our customers rely on us for incredible selection and
value along with informative advice and technical support"
according to founder and President, Michael Haines.
AC Direct is a one-stop source for heat pumps, air conditioners, furnaces,
ductwork, air filtration and more. They offer thousands of products from a
variety of brand name manufacturers including Westinghouse, Ruud, Goodman,
Mitsubishi, Grandaire, Aprilaire, and Spacepak.
AC Direct is a Florida State certified heating and air conditioning
contractor with a highly trained staff of technical and support representatives
that have lived and trained in various regions of the country. So no matter where you live,
their staff can help guide you throughout the product selection and design process.
The 2007 Inc. 5,000, as revealed online at www.inc.com
, reported median revenue of $9.4 million and median three-year growth of 140
percent. Complete information on this year's Inc. 5,000, can be found at www.inc.com/inc5000.
The list features a profile for each company, almost all of them written as a
result of Inc. interviews with management. In addition, the list is searchable
according to numerous criteria, including industry, city, state, region, and
year founded.
Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest
region with 1,046 of the fastest-growing companies, followed by the West with
884 companies. The Southeast comes in a close third, with 872 companies, followed
by the Northeast with 782 companies, and the Mid-Atlantic region with 606 companies.
Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.
Industries reporting the highest total revenue in 2006 are Construction ($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion), and Financial Services ($11.8 billion).
Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify,
companies had to be U.S.-based and privately held, independent - not subsidiaries
or divisions of other companies - as of December 31, 2006, and have had at least
$200,000 in revenue in 2003, and $2 million in 2006.
Companies can apply for next year's Inc. 500 and Inc. 5,000 by registering with
IncBizNet, the new social network for private companies that will launch this
fall on Inc.com.
About Inc.com:
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking
news, and rich multi-media to help business owners and CEOs start, run, and grow
their businesses more successfully. Information and advice covering virtually
every business and management task, including marketing, sales, finding capital,
managing people can be found at http://www.inc.com
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