Cahaba Media Group Honored by Inc. Magazine as One of America's Fastest Growing Private Companies
New York, NY (PRWEB) August 26, 2008 -- Inc. has ranked Cahaba Media Group No. 2,977 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy - America's independent-minded entrepreneurs. Cahaba Media Group ranked No. 41 among companies in the media industry and third among magazine publishers.
"I'm really thrilled and proud of our team for achieving this honor," says Cahaba Media Group President and Founder Wally Evans. "Our goal is to have the best publishing company in the Southeast, and this recognition proves that our formula of combining solid core values and an entrepreneurial spirit with the best people and a great business model works."
In 2002, Evans sought to start a small business with strong values and a relaxed company culture before he knew exactly what the business would be. "If you have the right values, people and processes in place and you understand how to read an income statement and balance sheet, you can manage just about any business," he says.
Cahaba Media Group is honored for the second straight year on the prestigious Inc. 5000 list. With offices in Birmingham and Tuscaloosa, the company publishes trade magazines, websites, e-newsletters and other media for the industrial and construction markets.
Cahaba Media Group's titles, Pumps & Systems and Construction Business Owner, serve fast-growing industries - specifically water, oil and gas, power transmission, chemicals and construction.
Pumps & Systems (www.pump-zone.com), "The Magazine for Pump Users Worldwide," is the voice of the pump and rotating equipment industry. It delivers relevant industry news coverage and powerful technical information to more than 40,500 BPA-qualified managers, engineers, operators and maintenance professionals worldwide. Pumps & Systems is read in 113 countries, reaching six continents.
Launched August 2004, Construction Business Owner (www.constructionbusinessowner.com) is "The Business Management Magazine for Contractors." From its inception, it was designed to be a different kind of construction magazine, filling a need in the construction industry for the kind of business management knowledge that is of real value to the owners of small to midsized construction companies. With a BPA-qualified circulation of more than 40,000 construction company owners, presidents and managers, Construction Business Owner provides a type of real-world business management education that is not found in other construction magazines and is designed to help owners and managers of small construction companies run their businesses better.
About Inc. 5000
The 5,000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent - not subsidiaries or divisions of other companies - as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
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