August 2011: FONA earns spot on Inc. 5000 list of fastest-growing private companies in the countryAugust 24, 2011
August 24, 2011
FONA International was named one of the fastest-growing private companies in the country by Inc. 5000 for the fifth consecutive year, based on seven years of exceptional sales growth. FONA’s three-year sales growth of 45% made it one of only 10 food and beverage companies in Illinois to receive this recognition. It’s also the only full service flavor company to make the list. FONA has moved higher on the list each year, gaining 860 places over the past five years.
“We are proud of this wonderful recognition of our commitment to development and growth, which is five times the standard growth rate in the flavor industry,” said Jim Evanoff, CFO of FONA International. “Our success is built on collaboration with our customers and employees and enables us to continue to serve them and our community in important ways.”
The Inc. 5000 list is the most comprehensive look at the most important segment of the economy – America’s independentminded entrepreneurs. Taken as a whole, these 5,000 companies represent the backbone of the U.S. economy.
About FONA International, Inc.
Founded in 1987, FONA International creates and manufactures flavors for many of the largest food, beverage, nutraceutical and pharmaceutical companies in the world. It offers flavor solutions for the confection, grain, beverage, performance nutrition, OTC and emerging markets from its state-of-the-art, 33-acre campus in Geneva, IL. FONA International has established a reputation as the forward-thinking, independent solution provider in the very competitive flavor industry. www.fona.com
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. www.inc.com