Southfield, MI, Aug 27, 2012 (GlobeNewswire via COMTEX) — For the second year in a row, Detroit Trading Company has placed within the top 1000 on Inc. magazine’s listing of the nation’s fastest growing privately held companies. The company managed to advance 51 positions over their placement last year to secure the 890th ranking on this year’s list. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.
Detroit Trading Company, the nation’s premiere automotive lead provider, has greatly increased the efficiency of the procurement and disbursement of new car, inventory and auto-finance leads since their humble beginnings in 2004. They work with thousands of dealerships across the U.S., 25 of the major automotive OEMs, and many of the largest automotive lead retailers in the space. Beginning in July of 2012, they are also responsible for handling all vehicle inventory and lead operations for Yahoo! Autos.
Don Campbell, President and CEO, notes, “We are honored to be named to the Inc. 500|5000 list once again. Our objective of creating an excellent consumer experience while also providing our buyers with high quality leads has helped us reach this milestone.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles, can be found at http://www.inc.com/5000 .
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500 .
About Detroit Trading Company
Detroit Trading Company has been serving the automotive leads industry since 2004 under the premise of creating superior products and services based on the principles of efficiency, experience and integrity. Detroit Trading’s lead distribution network includes 24 original equipment manufacturers and every major lead aggregator in the nation. You can follow Detroit Trading Company on Facebook, Twitter, Google+, and at detroittrading.com.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com .