Pelican Products, the global leader in the design and manufacture of advanced lighting systems and virtually indestructible cases, proudly announces that Inc. Magazine’s Inc. 5,000 list has identified it as one of America’s fastest-growing companies for the third year in a row.
“The universal nature of our virtually indestructible cases and lighting systems has allowed us to open new markets, diversify products and not only survive but flourish in challenging economic times. But our ‘secret weapon’ that makes our business truly “go” is the ingenuity and can-do attitude of our employees, said Pelican Products, President and CEO, Lyndon Faulkner. “This award is as great a testament to their hard work as it is to the superior products they make day in and day out.”
The 2010 Inc. 5000 serves as a unique illustration of the profound changes taking place in the U.S. economy. Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent.
This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. 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 on www.inc.com/5000.