Hammer Packaging makes Inc. 5000 list

Inc. magazine ranked Hammer Packaging on its second annual 2008 list of the 5000 fastest growing private companies in the country, with a three year growth rate of 46 percent.

‘The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth,’ said Inc. 5000 project manager Jim Melloan. ‘Our second annual Inc. 5000 continues the most ambitious project in business journalism.’
 
‘It’s an honor to be recognized as one of the top 5000 companies in America for 2008. Our success is due largely to investing in leading-edge technology and hiring the right people,’ said James E. Hammer, president and CEO of Hammer Packaging. ‘We will continue to pursue a "lead, don’t follow" business strategy to achieve profitable growth year upon year.’
 
A supplement to the Inc. 500 list, Inc. 5000 was created last year to recognize small and mid-sized companies. Inc. magazine ranks companies based on revenue growth from 2004 through 2007. To qualify, companies must be US-based and privately held, independent – not subsidiaries or divisions of other companies. Revenues in 2004 must have been at least $200,000, and revenue in 2007 must have been at least $2 million.