TN250 To give readers a one-stop source for surveying the state’s leading companies, Business Tennessee for the first time is combining several of our popular business rankings into a single issue. The TN250 spans companies that employ just five people in the state to a quarter million people all across the world. In their diversity of size, industry and location, they combine to form a reliable barometer of Tennessee’s economic strength. Their growth over the past year testifies to the state’s sound business foundation.
Business Tennessee Fast50: This second annual rendition recognizes companies that in the aggregate generated $1.8 billion of sales, up from $1.4 billion by our 2004 Fast50. Their mean revenue was $7 million and their average rate of revenue growth in recent years was a blistering 74%. With the review of independent accounting firm KraftCPAs, we selected the 50 companies with the fastest revenue growth based on self-reported data from closely held companies that submitted nomination forms. To qualify for consideration, the companies had to be privately owned, not a unit of any other company, headquartered in Tennessee, employ at least five people and generate at least $750,000 of revenue.
Top private companies: This year’s expanded list of 125 businesses includes companies based in the state with the greatest amount of revenue, based on disclosure from the companies or other sources believed to be reliable.
Top publicly traded companies: While there are plenty of other companies whose shares trade occasionally on the so-called Pink Sheets—especially in the banking industry—the 75 companies presented are the most substantial of our public companies in terms of revenue and trading liquidity. It was a fine year for Tennessee’s public companies—their shares gained on average 12% in the year ended June 30, versus 4% for the S&P 500.
More... Exits Strategy Jimmy Haslam keeps Pilot Oil nimble and healthy in an industry awash in change More... The Cox Inhibiter? Will a new SEC chairman cut corporate America some slack? U.S. Representative Christopher Cox is on deck to take a swing at leading the Securities & Exchange Commission, and many publicly traded companies are hoping his leadership will usher in a more business-friendly era than the highly regulated period of corporate crackdowns under the rule of his heavy-handed predecessor. More... The Public Arena The intensifying regulatory environment certainly contributed to many changes among publicly traded companies during the last year, but other forces also were at play. As Business Tennessee updates its list of publicly traded companies in the state, we highlight some of the more significant transactions, which in some cases changed the contents of this list. More... Fast50 The Access Group Manufacturing & design consultant Hendersonville www.tag.bz Charles Hagood & Mike Brown, managing principals Since its founding in 1997, The Access Group has been the utility player of the manufacturing and industrial sectors. By helping clients boost productivity and cut costs... More...
Radio Beacons Memphis - An International Paper division takes the lead in RFID technology
By Lots and Bounds West/Jackson - Joel McAlexander does the groundwork for Jackson residential real estate
An Ad Firm’s Best Friend? Middle/Nashville - Jewelry chain Friedman’s hires The Buntin Group to help it regain its competitive footing
Logo Logistics East/Cookeville - A new design represents more than an aesthetic touch-up for one of Tennessee’s largest LTL carriers
Thunder and the Shark Knoxville - John Thornton and Greg Norman tee up to build the largest golf course and residential community in the state
Building ’Block Tri-Cities - Blue Lizard tries to find purchase among sunscreen competitors
The Foot-in-Door Degree There has never been a better job market for Tennessee students graduating with their master’s degree in business administration, according to a recent press release from the University of Tennessee’s College of Business Administration. And more students are graduating with MBAs than ever before, providing potential employers with highly educated candidates for corporate level positions.
Endowment We Trust An endowed gift is one in which the original principal is never invaded. The gift exists infinitely, with interest from the principal generating a steady stream of income for the recipient. For private schools, a healthy endowment makes it possible to respond to advancements in technology, offer higher salaries for top teachers, weather the ebb and flow of enrollment
Border Patrol Keeping unwanted visitors away fromyour business and out of your computer
