Standard Process Inc.Â® has earned a place on both the Inc. 5,000 and the Wisconsin 75 listings. The announcements for Standard Process, a nutritional whole food supplement company located in Palmyra, Wis., came just weeks apart.
Inc. magazineÂ™s list of the 5,000 fastest growing private companies in America include Standard Process for the second consecutive year, while Deloitte & Touche named Standard Process among the top 75 largest, closely held businesses in Wisconsin for the first time.
To be on both of these listings is an honor, said Charlie DuBois, president of Standard Process. “It is a testament to how hard we have worked to raise awareness and educate people on how whole food supplements can lead to improved wellness and a healthier lifestyle.
Standard Process was ranked #4,407 overall on the Inc. 5,000. In Wisconsin, Standard Process ranked third for revenue growth among all companies in the health category. Of those, Standard Process was first in revenues and second in number of employees.
Inc. reported Standard Process had revenue growth of 58.7 percent for the period 2004 through 2007. The magazine also reported that the company had 2007 revenues of $87 million and 250 employees. The Inc. 5,000 is ranked according to percentage revenue growth from 2004 through 2007. Among the qualifications, companies had to be U.S.-based, privately held, and independentÂ”not subsidiaries or divisions of other companies. Revenue in 2004 must have been at least $200,000, and revenue in 2007 must have been at least $2 million.
Standard Process entered the Wisconsin 75 list at #68. The listing ranks companies by revenue, as determined by a voluntary submission of a qualification form. To qualify, companies must be majority owned by employees, a family or an individual, have at least $50 million in annual revenue, and be headquartered in WisconsinÂ”not subsidiaries of a company outside of the state.
About Standard Process Inc.Â®
For more than 75 years, Standard Process has provided health care professionals with high-quality, nutritional whole food supplements. Standard Process is involved in every step of production. The company grows crops on company-owned, organically certified farmland, utilizes state-of-the-art manufacturing processes, and employs the highest quality control standards. Standard Process strictly adheres to the Food and Drug Administration’s good manufacturing practice requirements. Through these measures, Standard Process can ensure that its products are of the utmost quality and potency.
Standard Process offers more than 300 products through three product lines: Standard Process whole food supplements, Standard Process Veterinary FormulasÂ„, and MediHerbÂ® herbal supplements. The products are available only through health care professionals. The company continuously researches and develops new whole food nutritional products to address patient needs.
For additional information about Standard Process, contact Tammi Geiger, director of marketing, or visit www.standardprocess.com.
Standard Process Inc., Palmyra
Director of Marketing