Kingston Technology Ranked No. 6 in Revenue on Inc. Magazine’s Top 5000 Fastest Growing Private Co
September 1, 2010 | 08:41
Companies: #kingston
Rankings for U.S. Companies Based on Three-Year Comparison
Fountain Valley, CA -- August 31, 2010 -- Kingston Technology Company, Inc., the independent world leader in memory products, was ranked No. 6 in total revenue on Inc. magazine’s 2010 listing of America’s fastest-growing private companies. Kingston’s 2009 revenues finished at $4.1 billion (U.S.), the second-highest in company history. Inc.’s top 10 listing by revenue is a subset of the Inc. 5000 listing that ranks the top 5,000 private U.S. companies by three-year revenue growth from 2006 to 2009.
“Kingston is grateful to have made the Inc. 5000 list again. David (Sun) and I are happy that Inc. continues to publish this list as it demonstrates their support of private companies and the strong commitment to the entrepreneurial spirit which is necessary in today’s difficult and competitive environment,” said John Tu, co-founder, Kingston®.
“We are fortunate to have come out strong after the downturn in the memory industry and the general state of the economy of the past few years. For us to continue growing during this weak economy, we will need to keep a very strong focus on process improvement. It is the only way,” said David Sun, co-founder, Kingston.
Kingston was also ranked 20th in gross-revenue growth for the three years from 2006 to 2009. During that period, Kingston’s revenue grew 12 percent as revenues increased from $3.7 billion in 2006 to $4.1 billion in 2009.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
In 1992, Kingston was crowned No. 1, as the fastest growing private company by Inc. magazine for previous-year revenue of over $140 million and a workforce of 130 employees. In 2007, Inc. magazine honored Tu and Sun with the inaugural Distinguished Alumni Goldhirsh Award, for leadership, guidance and the embodiment of the American entrepreneurial spirit which were the core values of Inc. founder Bernie Goldhirsh.
The Top 10 Inc. 5000 Companies Ranked by Total Revenue
Top 10 Rank
Overall Inc. 5000 Rank
Company
Location
Industry
2009 Revenue
1
No. 4,512
HCA
Nashville, TN
Health
$30.1 billion
2
No. 4,929
7-Eleven
Dallas, TX
Consumer Products & Services
$15.1 billion
3
No. 4,932
Toys “R” Us
Wayne, NJ
Retail
$13.6 billion
4
No. 4,819
Univar
Redmond, WA
Business Products & Services
$7.2 billion
5
No. 3,247
Booz Allen Hamilton
McLean, VA
Business Products & Services
$5.1 billion
6
No. 4,708
Kingston Technology
Fountain Valley, CA
Computer Hardware
$4.1 billion
7
No. 3,626
Mansfield Oil
Gainesville, GA
Energy
$2.9 billion
8
No. 3,294
LPL Investment Holdings
Boston, MA
Financial Services
$2.7 billion
9
No. 1,018
Vizio
Irvine, CA
Consumer Products & Services
$2.5 billion
10
No. 4288
AMC Entertainment
Kansas City, MO
Media
$2.4 billion
Source: Inc.5000, August 24, 2010
For the complete Inc. 5000 list visit www.inc.com/inc5000/2010/index.html, or visit www.kingston.com for more information.
About Kingston Technology Company, Inc.
Kingston Technology Company, Inc. is the world’s largest independent manufacturer of memory products. Kingston designs, manufactures and distributes memory products for desktops, laptops, servers, printers, and Flash memory products for PDAs, mobile phones, digital cameras, and MP3 players. Through its global network of subsidiaries and affiliates, Kingston has manufacturing facilities in California, Taiwan and China, and sales representatives in the United States, Europe, Russia, Turkey, Ukraine, Australia, New Zealand, India, Taiwan, China, and Latin America. For more information, please call 800-337-8410 or visit www.kingston.com.
Fountain Valley, CA -- August 31, 2010 -- Kingston Technology Company, Inc., the independent world leader in memory products, was ranked No. 6 in total revenue on Inc. magazine’s 2010 listing of America’s fastest-growing private companies. Kingston’s 2009 revenues finished at $4.1 billion (U.S.), the second-highest in company history. Inc.’s top 10 listing by revenue is a subset of the Inc. 5000 listing that ranks the top 5,000 private U.S. companies by three-year revenue growth from 2006 to 2009.
“Kingston is grateful to have made the Inc. 5000 list again. David (Sun) and I are happy that Inc. continues to publish this list as it demonstrates their support of private companies and the strong commitment to the entrepreneurial spirit which is necessary in today’s difficult and competitive environment,” said John Tu, co-founder, Kingston®.
“We are fortunate to have come out strong after the downturn in the memory industry and the general state of the economy of the past few years. For us to continue growing during this weak economy, we will need to keep a very strong focus on process improvement. It is the only way,” said David Sun, co-founder, Kingston.
Kingston was also ranked 20th in gross-revenue growth for the three years from 2006 to 2009. During that period, Kingston’s revenue grew 12 percent as revenues increased from $3.7 billion in 2006 to $4.1 billion in 2009.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
In 1992, Kingston was crowned No. 1, as the fastest growing private company by Inc. magazine for previous-year revenue of over $140 million and a workforce of 130 employees. In 2007, Inc. magazine honored Tu and Sun with the inaugural Distinguished Alumni Goldhirsh Award, for leadership, guidance and the embodiment of the American entrepreneurial spirit which were the core values of Inc. founder Bernie Goldhirsh.
The Top 10 Inc. 5000 Companies Ranked by Total Revenue
Top 10 Rank
Overall Inc. 5000 Rank
Company
Location
Industry
2009 Revenue
1
No. 4,512
HCA
Nashville, TN
Health
$30.1 billion
2
No. 4,929
7-Eleven
Dallas, TX
Consumer Products & Services
$15.1 billion
3
No. 4,932
Toys “R” Us
Wayne, NJ
Retail
$13.6 billion
4
No. 4,819
Univar
Redmond, WA
Business Products & Services
$7.2 billion
5
No. 3,247
Booz Allen Hamilton
McLean, VA
Business Products & Services
$5.1 billion
6
No. 4,708
Kingston Technology
Fountain Valley, CA
Computer Hardware
$4.1 billion
7
No. 3,626
Mansfield Oil
Gainesville, GA
Energy
$2.9 billion
8
No. 3,294
LPL Investment Holdings
Boston, MA
Financial Services
$2.7 billion
9
No. 1,018
Vizio
Irvine, CA
Consumer Products & Services
$2.5 billion
10
No. 4288
AMC Entertainment
Kansas City, MO
Media
$2.4 billion
Source: Inc.5000, August 24, 2010
For the complete Inc. 5000 list visit www.inc.com/inc5000/2010/index.html, or visit www.kingston.com for more information.
About Kingston Technology Company, Inc.
Kingston Technology Company, Inc. is the world’s largest independent manufacturer of memory products. Kingston designs, manufactures and distributes memory products for desktops, laptops, servers, printers, and Flash memory products for PDAs, mobile phones, digital cameras, and MP3 players. Through its global network of subsidiaries and affiliates, Kingston has manufacturing facilities in California, Taiwan and China, and sales representatives in the United States, Europe, Russia, Turkey, Ukraine, Australia, New Zealand, India, Taiwan, China, and Latin America. For more information, please call 800-337-8410 or visit www.kingston.com.
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