Tag Archives: fastest growing companies

IQ Formulations Ranked Among 100 Fastest-Growing Companies in Florida

IQFormulations / October 04th 2016 / No Comments

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 Among Florida’s Fastest-Growing Private Companies

IQFormulations / October 03rd 2016 / No Comments

Tamarac, FL (PRWEB) October 03, 2016 — IQ Formulations has been announced as one of the fastest-growing private companies in the entire state of Florida by the South Florida Business Journal. The Tamarac-based health and nutritional supplement manufacturer was recently named to No. 68 on the publication’s prestigious Fast 100 list.

IQ Formulations was recognized for its outstanding performance along with other top-performing businesses throughout the Sunshine State. Since its inception in 2010, IQ Formulations has grown exponentially, increasing its revenues from $124,000 in its first year of operation to more than $16 million in 2015. The company has also created dozens of high-quality local jobs over the past six years.

The South Florida Business Journal also honored IQ Formulations last month as one of the 50 fastest-growing companies in South Florida’s tri-county area at its Fast 50 Awards. The nutraceutical company has also been continuously included on Inc. Magazine’s renowned Inc. 5000 list of the fastest-growing privately held companies in the nation for the last three years.

“All of us at IQ Formulations are extremely honored and humbled to be named to the Fast 100 list by the South Florida Business Journal,” said Jay Cohen, IQ Formulations CEO. “It has taken a lot of hard work and dedication to get to where we are today, and we are thrilled to be recognized as one of the leading businesses in the state of Florida.”

To learn more about IQ Formulations, its products and business achievements, visit http://www.iqformulations.com.

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.

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

IQFormulations / August 19th 2016 / No Comments

Tamarac, FL (PRWEB) August 17, 2016 – IQ Formulations, a leading nutraceutical company based in South Florida, today was named one of the fastest growing private companies in the United States by Inc. Magazine. In its third year on the prestigious Inc. 5000 list, IQ Formulations earned a spot for 2016 by growing more than 350 percent over the past three years.

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.

Leading Health Supplement Company IQ Formulations Among Inc. Magazine’s Top 50 Fastest Growing Private Companies in the United States

IQFormulations / March 04th 2016 / No Comments

Leading Health Supplement Company IQ Formulations Among Inc. Magazine’s Top 50 Fastest Growing Private Companies in the United States

Sunrise, FL (PRWEB) August 20, 2014

IQ Formulations, a top national health and nutritional supplement manufacturer, today was named to the Inc. 500, distinguishing it as one of the fastest growing private companies in the United States. IQ Formulations not only made the list, but was ranked in the top 50 by growing more than 5,486 percent over the past three years. It also ranked ninth among all health companies, fifth among companies in the state of Florida and the second fastest growing company in the Miami metro area.

Headquartered in Sunrise, Florida, IQ Formulations grew from 2010 revenues of approximately $150,000 to roughly $8 million in 2013, earning the company a spot on Inc.’s celebrated annual rankings. In the fourth quarter of 2014, IQ Formulations will be relocating its operations to a state-of-the-art 40,000 sq. ft. manufacturing and packaging facility in Tamarac, Florida.

“After years of tireless efforts to our devoted customers, I am incredibly honored that IQ Formulations is being recognized by Inc. Magazine as one the nation’s fastest growing privately held companies,” said IQ Formulations CEO Jay Cohen. “I owe a debt of gratitude to my wife and children for their support and patience over the past several years, since they allowed me to pour my heart and soul into growing this company. I’d also like to thank all of the IQ Formulations team, our stellar business partners and devoted customers for helping make possible our amazing growth and achievements. I look forward to many more years of continued success with the incredible IQ Formulations team as we help men and women achieve their fitness goals and constantly strive to raise the bar in our industry.”

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

To learn more about IQ Formulations and its placement in the Inc. 500, please visit: http://www.inc.com/profile/iq-formulations.

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 Jay Cohen and headquartered in Sunrise, Florida, IQ Formulations has become an industry leader known for its uncompromising commitment to professional facilities, top-quality products with amazing results, and superior customer service.