Custom HBC Corporation Ranked #5 on Minneapolis/St. Paul Business Journal FAST 50 Listing
Custom HBC Corporation, Waconia, Minn., a health- and beauty-care supplier to the promotional products industry, was ranked fifth on the Minneapolis/St. Paul Business Journal FAST 50 Private Companies list, the 50 fastest-growing private companies in the Twin Cities based on revenue growth over the past three years (published in the magazine’s October issue).
The Fast 50 list includes manufacturers, banks, high-tech and med-tech companies, architectural firms, and consulting companies. Together, these 50 Twin Cities’ companies had more than $1 billion in revenue in their most recent fiscal year and averaged 161 percent growth since 2004. Six of the top 10 on the list, including Custom HBC Corporation, were companies new to the Fast 50 this year.
To be eligible for the Fast 50 list, companies had to be privately held and based in the 11-county Twin Cities metro area. Eligible firms also had to have $1 million in revenue in the first of the three most recent fiscal years and progressive growth in the subsequent two years. Nominees submitted audited or compiled financial statements directly to project accountants Virchow Krause & Co. in Bloomington, Minn., for verification. President and owner of Custom HBC Corporation Larry Wilhelm said, “We feel honored to be included on this list of impressive, high-growth companies in the Minneapolis-St. Paul area. It is a tribute to the support we receive from our distributor customers and to the hard-working employees at Custom HBC that service them.”
About Custom HBC Corporation
Founded in 2000 by Larry Wilhelm, Custom HBC Corporation is the premier developer, manufacturer and supplier of customized health- and beauty-care products in the promotional industry. Winner of the Prestigious Spirit Award as the second fastest-growing supplier of the year from the Advertising Specialties Institute, Custom HBC Corporation manufactures Pocket Sprayers™, flavored lip balms, custom scented lotions and specialty anti-bacterial sanitizing products including liquid soaps, foams, gels and wipes.