Tag Archives: CEO Jay Cohen

South Florida’s IQ Formulations Named to Inc. 5000 Fastest Growing Companies List for Third Consecutive Year

The company, headquartered in Tamarac, increased revenues from $3.58 million in 2012 to over $16 million in 2015. That number is even more impressive when you compare it to the $124,000 that the company made in its first year of business only six years ago. Overall, IQ Formulations has grown an astonishing 12,976 percent since its founding in 2010.

This explosive success has also created dozens of high-quality local jobs over the past few years, expanding from just 2 employees in 2010 to nearly 50 today. Last year, IQ Formulations moved to a new state-of-the-art $6 million, 40,000 sq. ft. manufacturing and packaging facility, and it plans to open a second location by the end of the year that will double its square footage and staff.

Jay Cohen, IQ Formulations CEO, is a lifelong South Floridian and deeply committed to keeping operations local and giving back. “I am very grateful to the community, my family and our incredible staff for helping make this growth possible, and I look forward to continued expansion in South Florida,” said Cohen.

IQ Formulations is also well-known for seeking to elevate the standards of the health supplement industry through leading by example. “Seeing our philosophy of doing things the right way resonate with people and lead to such success has been very humbling and inspiring,” Cohen added.

Today’s third consecutive naming to the Inc. 5000 is the latest in a litany of 2016 business honors for the company. Earlier this year, IQ Formulations was named Business of the Year by the South Florida Business Journal and was recognized as a 2016 DREAM BIG Blue Ribbon Small Business Award winner by the U.S. Chamber of Commerce. Its home city of Tamarac also declared May 25, 2016 as “IQ Formulations Day” with an official proclamation honoring the company’s sound business practices, strong growth, and commitment to increasing local job opportunities and manufacturing.

Inc. Magazine will formally honor IQ Formulations at a national awards ceremony in San Antonio in October.

To learn more about IQ Formulations and its Inc. 5000 placement, please visit: http://www.inc.com/profile/iq-formulations.

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.

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 for 2016 Business of the Year and South Florida Good to Great Awards

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

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.

South Florida’s IQ Formulations Named U.S. Chamber of Commerce Blue Ribbon Small Business Award Winner

South Florida’s IQ Formulations Named U.S. Chamber of Commerce Blue Ribbon Small Business Award Winner

Tamarac, FL, Feb. 22, 2016 (GLOBE NEWSWIRE) — The U.S. Chamber of Commerce has announced IQ Formulations of Tamarac, Florida as a winner of its annual DREAM BIG Blue Ribbon Small Business Awards®. IQ Formulations was the only South Florida business and one of just five in the state to receive the prestigious distinction, which recognizes 100 nationwide companies for their success and contributions to America’s economic growth and vitality.

IQ Formulations, a fast-growing and highly-respected health and nutritional supplement manufacturer, was selected from a record number of applicants from across the country. Entries were judged on four key categories: strategic planning, employee development, customer service, and community involvement.

The honor enters IQ Formulations into the running for the national DREAM BIG Small Business of the Year Award, sponsored by Sam’s Club®, and a $10,000 cash prize courtesy of the U.S. Chamber. This national award will be announced at the 12th annual America’s Small Business Summit, taking place June 13-15 in Washington, D.C. where all DREAM BIG Blue Ribbon Small Business Award winners will be honored.

“Small businesses provide a powerful example of what’s possible in our free enterprise system. Day in and day out, these companies exemplify the strong American values of hard work, innovation, persistence, and entrepreneurship,” said U.S. Chamber President and CEO Thomas J. Donohue. “The Chamber is proud to recognize these tremendous small businesses for all of their achievements.”

This is the latest in a line of distinguished awards for IQ Formulations. The company has been named to the Inc. 5000 list for the past two years, was recently recognized as the gold, first-place winner in North America’s Best in Biz Awards 2015 and was selected as one of Florida’s Companies to Watch for 2015 by the state’s economic development group GrowFL.

“It is such a remarkable honor to be recognized by the U.S. Chamber of Commerce, among the top 100 up-and-coming companies in the entire nation,” said IQ Formulations CEO Jay Cohen. “After years of hard work and a commitment to improving the state of our industry, it’s such a blessing to have the efforts of IQ Formulations recognized. I want to thank the U.S. Chamber, my family, and the incredible team that I work with everyday for making this dream a reality.”

A complete list of this year’s Blue Ribbon Small Business Award® winners is available here.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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 www.iqformulations.com.

IQ Formulations Supports National Breast Cancer Foundation and Raises Awareness During Breast Cancer Awareness Month

IQ Formulations Supports National Breast Cancer Foundation and Raises Awareness During Breast Cancer Awareness Month

Tamarac, FL (PRWEB) October 12, 2015

To help raise awareness this October during Breast Cancer Awareness Month, IQ Formulations today announced its charitable donation to the National Breast Cancer Foundation. The National Breast Cancer Foundation is dedicated to providing help and inspiring hope in those affected by breast cancer through early detection, education, and support services.

The annual campaign to increase breast cancer awareness each October is an opportune time to remind women and their families about the importance of early detection through regular mammograms. According to the National Breast Cancer Foundation, one in eight American women will be diagnosed with breast cancer in their lifetime, making breast cancer one of the leading health crises for women in the United States.

“I am deeply and personally committed to donating to this charity in honor of my angel of a grandmother who lost her fight to breast cancer,” said IQ Formulations CEO Jay Cohen. “Today, there is still no known cure for breast cancer. I hope that our support of the National Breast Cancer Foundation’s initiatives can help the organization inspire women who have been affected, and educate all women about the importance of regular checkups since early identification is critical to the survival of those diagnosed with breast cancer.”

The National Breast Cancer Foundation offers a National Mammography Program that provides mammograms for women who are uninsured or cannot afford them. IQ Formulations hopes that raising awareness this month about the National Breast Cancer Foundation’s free early detection initiative will help save lives.

IQ Formulations is also calling on the community to spread the word about this initiative, viewing this important issue as a collective responsibility. Education and awareness are the first steps to helping people overcome serious health challenges, which is why IQ Formulations remains dedicated to providing philanthropic support to various health-related non-profits including St. Jude Children’s Research Hospital, Jackson Center for Conductive Education, Camp Fiesta, Wounded Warrior Project, the Christopher and Dana Reeve Foundation, the Michael J. Fox Foundation for Parkinson’s Research, the Cystic Fibrosis Foundation and the American Humane Association.

With top-quality products, outstanding facilities, unparalleled customer service and industry-leading standards, IQ Formulations has established a nationwide reputation for excellence in health and nutritional supplements. The company has been named to Inc. Magazine’s fastest growing private companies list for the past two years and was also honored as one of GrowFL’s Companies to Watch for 2015.

Learn more about IQ Formulations at http://iqformulations.wpengine.com.

Learn more about the National Breast Cancer Foundation at http://www.nationalbreastcancer.org.

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 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 Hailed Among Florida Companies to Watch for 2015

IQ Formulations Hailed Among Florida Companies to Watch for 2015

TAMARAC, FL (PRWEB) SEPTEMBER 03, 2015

IQ Formulations today was named one of the Florida Companies to Watch for 2015 by economic development group GrowFL and the Edward Lowe Foundation. The leading health supplement manufacturer was one of only 50 companies in the state selected for this prestigious award, which recognizes growing second-stage companies “that demonstrate high performance in the marketplace with innovative strategies and processes, making them worth watching.”

“To be acclaimed among the top Florida Companies to Watch is a very exciting and humbling honor,” said IQ Formulations CEO Jay Cohen. “On behalf of the amazing team I get to work with every day, we truly appreciate this distinguished recognition among some of the most respected and fastest growing companies in the entire state. Our continued growth and continual receipt of national and statewide honors underscores the fact that consumers and retailers appreciate the superior quality of IQ Formulations’ products and our commitment to excellence in all that we do.”

Earlier this month, IQ Formulations was also named to the prestigiousInc. 5000 list of the fastest growing private companies in the U.S. It was the company’s second consecutive year on the list, after it ranked at #50 nationwide in 2014.

IQ Formulations and the other 50 companies named the 2015 Florida Companies to Watch generated a total of more than $1.2 billion in revenue and added nearly 1,000 employees between 2011 and 2014. Together, the companies project a 23 percent increase in revenue and 19 percent increase in job growth in 2015.

“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute and associate vice president for the University of Central Florida’s Office of Research and Commercialization. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets.”

CEO Jay Cohen and other winners will be formally honored at a ceremony at Hard Rock Live in Orlando, Florida on November 5.

To read more about the 2015 Florida Companies to Watch, please visit flctw.growfl.com.

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.

More About GrowFL

GrowFL provides strategies, resources and support, including strategic research and peer-to-peer CEO mentoring and leadership development, to second-stage Florida companies. Created by the Florida legislature in 2009 and grounded in the philosophy of Economic Gardening® — growing existing businesses in a community, region or state — GrowFL is a critical component of the state’s economic development strategy and Florida’s entrepreneurial ecosystem. GrowFL is certified by the National Center for Economic Gardening through the Edward Lowe Foundation. Website: growfl.com

About the Edward Lowe Foundation

Established in 1985, the Edward Lowe Foundation is a national, nonprofit organization that supports entrepreneurship through research, recognition and educational programs, which are delivered through entrepreneur support organizations (ESOs). The foundation focuses on second-stage companies — those that have moved beyond the startup phase and seek significant, steady growth. In addition, the foundation has a second mission of land stewardship and is committed to preserving the natural resources and historically significant structures at Big Rock Valley, its 2,600-acre home in southwest Michigan.

South Florida’s IQ Formulations Named to Inc. Magazine’s 5000 Fastest Growing Private U.S. Companies for Second Consecutive Year

South Florida’s IQ Formulations Named to Inc. Magazine’s 5000 Fastest Growing Private U.S. Companies for Second Consecutive Year

Tamarac, FL (PRWEB) August 12, 2015

IQ Formulations, a top national health and nutritional supplement company based in South Florida, today was named one of the fastest growing private companies in the United States by Inc. Magazine, ranking at 572 nationally. Continuing its rapid expansion, IQ Formulations grew by more than 800 percent over the past three years and was named to the renowned Inc. 5000 list for the second consecutive year.

Headquartered in Tamarac, Florida, IQ Formulations grew its revenues of $1.2 million in 2011 to nearly $11 million in 2014. When the company was founded in 2010 it did just $150,000 in revenue before growing by an astounding 5,486% to achieve 2013 revenues of $8.3 million.

In addition to its exponential revenue growth over the recent years, the innovative company has created dozens of jobs in South Florida. It expects to continue adding to its workforce as demand for its top-quality products soars.

“It is a great honor for all of us here at IQ Formulations to be recognized by Inc. Magazine as one of the nation’s fastest growing privately held companies for the second year in a row,” said IQ Formulations CEO Jay Cohen. “This prestigious award and our incredible growth are true testaments to the fact that customers love our commitment to producing and delivering top-quality products that enhance and improve people’s lives.”

Born and raised in South Florida, IQ Formulations CEO Jay Cohen is deeply dedicated to the region and he strongly believes in giving back to the community. For years, IQ Formulations has made generous charitable contributions to a variety of local organizations and other national non-profits.

Cohen added: “I am extremely grateful to my family for being such a huge source of support for me on this journey. I would also like to thank everyone on the IQ Formulations team for the hard work, dedication and passion they bring to work every day, as well as our business partners and our customers. In the years to come I look forward to continuing our growth here in South Florida, developing additional products, elevating the standards in our industry and propelling IQ Formulations to new heights.”

IQ Formulations CEO Jay Cohen will be formally honored by Inc. Magazine in October at an awards ceremony in Orlando, Florida.

To learn more about IQ Formulations and its placement in the Inc. 5000, please visit: http://www.inc.com/profile/iq-formulations

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.