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IQ Formulations Ranked Among 100 Fastest-Growing Companies in Florida

The South Florida Business Journal recently ranked IQ Formulations as one of the 100 fastest-growing private companies in Florida. The Tamarac-based health and nutritional supplement manufacturer has demonstrated tremendous revenue growth in recent years, and was named to No. 68 on the publication’s prestigious Fast 100 list.

Just weeks earlier in August, the South Florida Business Journal honored IQ Formulations at its Fast 50 Awards, naming it one of the 50 fastest-growing companies in South Florida’s tri-county area.

To learn more about IQ Formulations’ latest recognition, read our recent press release here.

IQ Formulations Ranked Region’s Eighth Fastest Growing Company

We are excited to report that the South Florida Business Journal ranked IQ Formulations No. 8 on its Fast 50 list of the fastest growing private companies in the region. IQ Formulations and fellow regional leaders were honored August 18 at the publication’s special award ceremony at Hyatt Regency Pier 66 in Ft. Lauderdale.

This latest recognition comes on the heels of IQ Formulations’ recent inclusion into the Inc. 5000 list of the nation’s fastest growing companies. This is the third consecutive year that the top health supplement manufacturer has been named to Inc. Magazine’s prestigious list.

To learn more about IQ Formulations latest recognition, check out our recent press release here.

IQ Formulations Named to Inc. 5000 for Third Year in a Row

For the third consecutive year, Tamarac-based IQ Formulations was named to the Inc. 5000 list of the fastest growing private companies in the nation. Having grown more than 350 percent over the past three years, IQ Formulations is proud to be once again honored by Inc. Magazine and plans to continue its expansion in South Florida.

IQ Formulations will be formally honored by Inc. Magazine during an awards ceremony in San Antonio this October.

For more information, please read our recent press release here, and check out the our Inc. profile page.

To see a full list of this year’s finalists, visit: http://www.inc.com/inc5000/list/2016/

IQ Formulations Day Declared by City of Tamarac

Yesterday was one for the books for IQ Formulations! Our home city of Tamarac officially declared May 25 as “IQ Formulations Day!” The award was in honor of our company’s excellent business practices, strong growth and commitment to growing jobs in the city and manufacturing in the region.

Jay Cohen, IQ Formulations CEO was honored at the City Commission meeting yesterday morning, where the official proclamation was requested by mayor Harry Dressler.

We would like to thank the City of Tamarac for this incredible honor, and our remarkable team of employees for their daily hard work which makes our growth and success possible.

To learn more, check out yesterday’s press release at: http://iqformulations.wpengine.com/press-releases/may-25-declared-iq-formulations-day-by-city-of-tamarac-florida

IQ Formulations Named 2016 Business of the Year by South Florida Business Journal

IQ Formulations is honored to have been awarded with the South Florida Business Journal’s prestigious 2016 Business of the Year Award last night at the InterContinental Miami.  We congratulate all of the other South Florida honorees who were recognized by the South Florida Business Journal for their exemplary business success.

All of us at IQ Formulations have worked tirelessly over the years to make our mark as an industry-leader providing health and nutritional supplements.  We care deeply about our local community and customers’ well-being, and it is specifically this heartfelt concern that has inspired us to create top-quality products and continue our charitable efforts.

Receiving the 2016 Business of the Year Award last night in the medium-sized business category in front of an esteemed audience of 175 guests was a proud moment for everyone at IQ Formulations.

It’s been an exciting couple of years for the company, and 2016 is going to be bigger and better than ever as we strive to improve and innovate the health supplement manufacturing industry.

Click here to view a slideshow of pictures capturing the SFBJ 2016 Business of the Year Awards event.

IQ Formulations Named a Finalist for 2016 Business of the Year and South Florida Good to Great Awards

IQ Formulations Named a Finalist for 2016 Business of the Year and South Florida Good to Great Awards

Leading health and nutritional supplement manufacturer IQ Formulations was recently named a finalist in two of the area’s most prestigious business awards: the 2016 Business of the Year Awards from the South Florida Business Journal and the South Florida Good to Great Awards from the Greater Miami Chamber of Commerce.

As finalists for the Business of the Year Awards, IQ Formulations and its CEO Jay Cohen will be officially honored at an awards program on April 21, where the winners will also be announced.

The winners of the South Florida Good to Great Awards will be named on April 28, during an upcoming Awards Luncheon, which will take place at the Rusty Pelican in Key Biscayne.

For more information about the awards, please read the recently issued press release below:

IQ Formulations Announced as Finalist for 2016 Business of the Year and South Florida Good to Great Awards

Tamarac, FL, April 20, 2016 (GLOBE NEWSWIRE)IQ Formulations, a Tamarac-based nutritional supplement company, was recently announced as a finalist in two highly respected area business awards: the 2016 Business of the Year Awards by the South Florida Business Journal and the South Florida Good to Great Awards by the Greater Miami Chamber of Commerce.

The South Florida Business Journal named IQ Formulations as one of just three finalists in its size category in the publication’s highly regarded Business of the Year Awards. For almost two decades, the Business Journal’s annual awards have honored the region’s top companies which set standards of excellence in their industries and build the South Florida economy through solid business practices, dedication to the community and financial growth. IQ Formulations and CEO Jay Cohen will be officially honored at an upcoming awards program at the Intercontinental Hotel in Miami on April 21, where the winners will be announced.

As a finalist for the 2016 South Florida Good to Great Awards, IQ Formulations was again one of just three companies in its category selected by the Greater Miami Chamber’s esteemed panel of judges from the business schools of Florida International University, Barry University, and Johnson & Wales University. These awards honor businesses throughout the tri-county region that have shown a pattern of transitioning from solid performance to great performance over a four-year period while demonstrating proven leadership and a solid workforce base. After being honored as a finalist at a special reception on April 7, the award winners will be named on April 28 during the South Florida Good to Great Awards Luncheon at the Rusty Pelican in Key Biscayne.

“This is an incredible honor for all of us at IQ Formulations to be distinguished as one of the top companies in South Florida by both the Miami Chamber of Commerce and the South Florida Business Journal,” said Jay Cohen, IQ Formulations CEO. “Since the inception of IQ Formulations, we have remained firmly committed to leading the health supplement industry by example, and every day, we continue to advance the field, the economy and the local community. These latest recognitions serve as a testament to those goals and we are extremely grateful to everyone who made this possible.”

In addition to these latest achievements, IQ Formulations was recognized as a 2016 DREAM BIG Blue Ribbon Small Business Award winner by the U.S. Chamber of Commerce, a gold first-place winner in North America’s 2015 Best in Biz Awards, and was named as one of Florida’s Companies to Watch in 2015 by GrowFL, the state’s economic development group. IQ Formulations was also named to the Inc. 5000 list of the nation’s fastest growing private companies for the past two years in a row.

About IQ Formulations

IQ Formulations is one of the most highly regarded and quickly growing health and nutritional supplement companies in the U.S. Founded by industry veteran and IQ Formulations CEO Jay Cohen, IQ Formulations is headquartered in Tamarac, Florida. The company has become an industry leader known for its uncompromising commitment to professional facilities, top-quality products with amazing results, and superior customer service. Learn more at iqformulations.com.

IQ Formulations Announced as Finalist in SFBJ Business of the Year Awards

Leading health and nutritional supplement manufacturer IQ Formulations today was named a finalist in the South Florida Business Journal’s Business of the Year Awards.

The company and its CEO Jay Cohen will be officially honored at an upcoming event on April 21, where the award winners will be announced.

For almost two decades, the annual Business of the Year Awards by the South Florida Business Journal have recognized top South Florida companies for their financial performance, outstanding business practices, and dedication to the local community.

For more information about the Business of the Year Awards and a full list of this year’s finalists, visit the official award page at:

http://www.bizjournals.com/southflorida/event/136432#information

Leading South Florida Outlets Spotlight IQ Formulations Following 2016 DREAM BIG Blue Ribbon Award

Following IQ Formulations’ recent recognition as a winner of the 2016 DREAM BIG Blue Ribbon Awards by the U.S. Chamber of Commerce, the company was spotlighted in both the South Florida Business Journal and the South Florida Sun Sentinel. The leading area publications highlighted IQ Formulations’ success as an industry leader and the only South Florida company to receive this esteemed award.

Learn more in the recently issued press release below:

 

IQ Formulations Spotlighted in South Florida Business Journal and Sun Sentinel Following 2016 DREAM Big Blue Ribbon Award

 Tamarac, FL, March 03, 2016 (GLOBE NEWSWIRE) — Top health and nutritional supplement company IQ Formulations was highlighted by the South Florida Business Journal and the South Florida Sun Sentinel this February, after the company was announced as a 2016 DREAM BIG Blue Ribbon Award winner by the U.S. Chamber of Commerce. The Tamarac-based company was the only South Florida business to receive this highly regarded recognition.

The South Florida Business Journal’s piece, published on February 19, spotlighted both IQ Formulations and its CEO Jay Cohen whose strategic vision has propelled the company to become a recognized leader in the industry. In his interview with SFBJ reporter Emon Reiser, Cohen also shared the company’s plans to expand its product line and nearly double its workforce and operations by the end of 2016.

In its article from February 23, the South Florida Sun Sentinel highlighted IQ Formulations as one of just five companies statewide and the only business from South Florida to receive this award from the U.S. Chamber of Commerce. As the piece from reporter Miriam Valverde notes, this recognition also puts IQ Formulations in the running for the national DREAM BIG Small Business of the Year Award, which will be announced during the 12th annual America’s Small Business Summit (June 13-15) in Washington D.C. where all 100 Blue Ribbon winners will be honored.

“I would like to thank both the South Florida Business Journal and the Sun Sentinel for highlighting this latest accolade for IQ Formulations,” said Jay Cohen, IQ Formulations CEO. “It is truly an honor to have your hard work and awards spotlighted in leading area publications.”

Jay Cohen, IQ Formulations CEO is known for his innovative business approach as he leads the supplement industry by example. With state-of-the-art facilities, premier quality control processes and a focus on customer service, IQ Formulations is widely recognized not only for business excellence, but also for its numerous philanthropic initiatives.

About IQ Formulations

IQ Formulations is one of the most highly regarded and fastest growing health and nutritional supplement companies in the U.S. Founded by industry veteran and IQ Formulations CEO Jay Cohen, IQ Formulations is headquartered in Tamarac, Florida. The company has become an industry leader known for its uncompromising commitment to professional facilities, top-quality products with amazing results, and superior customer service. Learn more at iqformulations.com

The Sun Sentinel Highlights IQ Formulations’ Latest Award

Leading health and nutritional supplement manufacturer IQ Formulations was recently spotlighted by the South Florida Sun Sentinel. The Tamarac-based company was the only South Florida business and one of just five across the state to be recognized by the U.S. Chamber of Commerce with a 2016 DREAM BIG Blue Ribbon Award.

Known for its superior products, exceptional customer service and involvement in the local community, IQ Formulations will be officially honored June 13-15, 2016 during the annual America’s Small Business Summit in Washington D.C.

Read the full article below for more details:

http://www.sun-sentinel.com/business/small-business/fl-iq-formulations-us-chamber-award-20160223-story.html

 

Tamarac Supplement Company Honored by U.S. Chamber of Commerce

By Miriam Valverde

Sun Sentinel

A nutritional supplements company headquartered in Tamarac has been recognized by the U.S. Chamber of Commerce with the 2016 Dream Big Blue Ribbon award.

IQ Formulations is the only company from South Florida to get the distinction, among five in Florida and part of the 100 businesses nationwide. The award is given to companies that stand out for their strategic planning, employee development, customer service and community involvement.

The four other Florida companies receiving awards are Engineering and Computer Simulations Inc. of Orlando and Bayshore Solutions, Miss America’s Outstanding Teen and Nitro Mobile Solutions, all of Tampa.

The 100 companies will be honored June 13 to 15 in Washington, D.C., during the 12th annual America’s Small Business Summit. One of the 100 will win the Dream Big Small Business of the Year, which comes with a $10,000 cash prize.

IQ Formulations and CEO Jay Cohen Featured in the South Florida Business Journal

The South Florida Business Journal recently spotlighted IQ Formulations and CEO Jay Cohen with an article about IQ Formulations’ amazing business success, as well as its recognition as a DREAM BIG Blue Ribbon Award winner by the U.S. Chamber of Commerce. In his interview with SFBJ reporter Emon Reiser, IQ Formulations CEO Jay Cohen also shared his plans to expand the company’s product line and nearly double its facilities and workforce by the end of 2016.

You can read the full article below:

http://www.bizjournals.com/southflorida/news/2016/02/19/tamarac-company-that-won-u-s-chamber-award-plans.html

 

Tamarac Company That Won U.S. Chamber Award Plans to Double Staff

By Emon Reiser 

South Florida Business Journal

IQ Formulations was the only South Florida business named among the U.S. Chamber of Commerce’s Blue Ribbon Small Business Award winners, out of 100 companies across the country. But the award won’t be the only achievement the Tamarac-based company can tout this year.

CEO Jay Cohen told the Business Journal that his company, which manufactures nutritional supplements, will nearly double its workforce and square footage by the end of 2016.

“We went from a makeshift laboratory in my kitchen — now we’re in a 40,000-square-foot facility,” Cohen said. IQ Formulations is now in negotiations for a second 40,000-square-foot facility also in Tamarac that will create more space for its rapidly growing workforce, he added.

IQ Formulations launched with just two employees in 2010 and has grown to 47 workers. Once the company’s new space opens, Cohen expects to soon have a total of 80 employees. IQ’s workforce isn’t the only thing that’s grown: in its first year, the manufacturer commanded $120,000 in revenue. This year, it’s expected to break $25 million, Cohen said.

The family-owned firm’s explosive growth was just one of the factors the U.S. Chamber of Commerce evaluated for its award. The winners were judged on four categories: strategic planning, employee development, customer service and community involvement.

“We’re extremely honored to be recognized,” Cohen said. “I feel especially proud that it’s not just based on the financial gain of the company, but also what we do behind the scenes.”

IQ Formulations’ workforce is very diverse, Cohen said, with about 80 percent of its employees representing minority communities. They are paid about 20 to 30 percent above Broward County’s average rate for the positions they employ, which include customer service, sales and graphic artistry, he added.

As for strategy, IQ Formulations is in the process of securing certifications for selling its products overseas. Currently, the company’s supplements are sold through 9,000 different retailers nationally, excluding websites. IQ Formulations sells its supplements in Vitamin Shop and Cohen says his company is in talks with GNC and Bodybuilding.com.

Next, the company plans to break into the grab-and-go business including protein bars.

With its latest win from the chamber, IQ Formulations has been entered into the Dream Big Small Business of the Year Award, which offers a $10,000 cash prize. The national award will be announced June 13-15 in Washington D.C.

“The best is yet to come,” Cohen said. “We have a lot of great things happening now.”

Emon Reiser covers retail, restaurants, tourism and hospitality. Get the latest retail news with our free daily newsletter.