Chestertown, MD, August 23, 2016 – Inc. magazine recently ranked Benchworks, a comprehensive marketing services agency, No. 1005 on its 35th annual Inc. 5000, the most prestigious ranking of the fastest-growing privately held companies in America. The list represents a unique look at the most successful companies within the U.S. economy’s most dynamic segment—its independent small businesses.
The 2016 Inc. 5000, unveiled online at Inc.com, is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great—usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
This year marks the second time Benchworks has been included on the Inc. 5000, appearing alongside such companies as Pandora, Domino’s Pizza, LinkedIn, Yelp and Timberland. Benchworks’ ranking is based on its three-year sales growth of 395% and revenue of $31.1 million.
Thad L. Bench, Sr., CEO of Benchworks, commented on the achievement, saying, “At Benchworks, our goal is to provide measurable results for our clients through a relentless focus on marketing strategy, quality and service, all with a spirit of graciousness. I am very proud that our team has been successful in accomplishing that task through their tireless dedication while the Benchworks leadership team has skillfully managed sustainable growth.”
Companies on the list will be honored at the annual Inc. 5000 conference in October in San Antonio. The event recognizes these companies for their remarkable achievements and contributions to the economy. The event will feature inspirational speakers and networking opportunities.
About Benchworks
Benchworks, a comprehensive marketing services agency headquartered in Chestertown, Maryland, was founded in 1991. The company specializes in the design, production, and launch of complete marketing and branding services. Clients include a wide variety of companies in the life science, pharmaceutical, beverage, manufacturing, and education industries in North America and Europe. For additional information, visit www.benchworks.com or call 800-536-4670.
About Inc. 5000
Methodology
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.
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