Packaging Solutions Ranks No.38 on Inc. Magazine’s List
With a Two-Year Revenue Growth of 310%, Packaging Solutions Ranks No.38 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies
Companies on the 2024 Inc. 5000 Regionals: Midwest list had an average growth rate of 134.06 percent.
Schaumburg, IL May 14th 2024 – Inc. magazine revealed that Packaging Solutions is No. 38 on its fourth annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies, based in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment– its independent small businesses.
“We are thrilled to announce the remarkable growth of Packaging Solutions, Inc., a testament to our unwavering commitment to excellence. We are incredibly proud of this achievement, which reflects the dedication and hard work of every member of our team. Their relentless efforts have propelled us to new heights, securing our position as a leader in the industry. This milestone is not just a reflection of our past successes but also a validation to the promising future ahead.” Dan Hoffman, Leadership Team
The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2020 and 2022, these 172 private companies had an average growth rate of 134.06 percent; by 2023, they’d also added 14,830 jobs and $24.5 billion to the region’s economy.
About Packaging Solutions, Inc
At Packaging Solutions Inc., we are committed to delivering economical packaging alternatives to our clients. Our firm was established with the aim of providing cost-efficient packaging choices across multiple sectors. We recognize the critical role of packaging in safeguarding and effectively showcasing products to customers, and we endeavor to provide superior quality options at attractive prices. Our skilled team is devoted to identifying the optimal packaging solution tailored to the unique requirements of each client, whether that involves creating bespoke packaging or procuring ready-made solutions.
For media inquiries or further information, please contact:
Dani Eilers
Point of Action Marketing
www.pointofactionmarketing.com
847-780-7193
More about Inc. and the Inc. 5000 Regionals Methodology
The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.
Complete results of the Inc. 5000 Regionals: Midwest, including company profiles can be found at inc.com/Midwest. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.
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