For a second year in a row, Selinsgrove-based Fresh Roasted Coffee LLC has made Inc. Magazine's list of the 500 fastest-growing companies in the U.S.
Andrew Oakes, president of the specialty-blend coffee producer at 616 S. High St., Selinsgrove,
didn't think a consecutive ranking in the monthly publication's annual report was attainable after his company placed 385 out of 500 fastest growing private companies nationwide last year.
"I thought it was impossible to do better," he said.
He found out otherwise Wednesday when he received an advanced issue of the September edition. In the magazine, Fresh Roasted Coffee is ranked 374 out of 500 fastest growing companies based on 2015 sales.
Between 2011 and 2014, the company's revenue growth was more than 1,200 percent and it continued to climb in 2015. Between 2014 and 2015, sales rose from $2.1 million to $3.3. million.
"It's hard to make it twice on the list. Our growth rate is just going in the right direction," said Oakes, who started the company in Bloomsburg in 2009 and relocated to Selinsgrove two years later.
Oakes credits his company's improved web site and new offering of USDA organic products with boosting sales and the company's ranking by nine points.
In a letter informing Oakes of his company's latest ranking, Eric Schurenberg, president and Editor-in-Chief of Inc. Media, lauds the accomplishment.
"Fresh Roasted Coffee now shares a pedigree with... Zappos, Under Armour, Microsoft, GoPro... and other notable alumni," Schurenberg said. "You are in good company - which is exactly where you belong."
Oakes is happy to tout the success he and his 15 employees have attained, but is constantly striving to expand and improve.
The magazine featuring the fastest-growing companies isn't yet on the newsstands, but Oakes already has his sights on the 2017 edition.
"We may not make it as high on the list, but I think we'll make it again next year," he said.
It's a pretty good bet, considering that Fresh Roasted Coffee's sales have continued to climb in the past seven months since a second coffee roaster was added to the plant and a new line of K-Cups added to the inventory.
Source: The Daily Item