August 2011: Inc. 5000 list of fastest growing private companies in the countrySeptember 16, 2011
FONA earns spot on Inc. 5000 list of fastest-growing private companies in the country.
FONA International was named one of the fastest-growing private companies in the country Inc. magazine 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 Joe Slawek, President 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 independent minded entrepreneurs. Taken as a whole, these 5,000 companies represent the backbone of the U.S. economy.