Consolidus Named One Of The Fastest-Growing Inner City Businesses In The U.S.

Distributor Consolidus, LLC (PPAI 435161) in Akron, Ohio, has been named to The Initiative for a Competitive Inner City’s (ICIC) 2018 Inner City 100 list of the fastest-growing inner city businesses in America, based on revenue growth. ICIC, a 25-year-old national nonprofit founded by Harvard Business School professor Michael E. Porter, promotes economic prosperity in America's inner cities through private sector investment that leads to jobs, income and wealth creation for local residents. Consolidus, led by CEO Jeffrey S. Jones, was ranked No. 75 based on its growth rate from 2013 to 2017. Its 2017 revenue was $4.2 million.

“Inner City 100 companies are forces of economic opportunity, optimism and transformation in their communities,” says ICIC CEO Steve Grossman. “They lead the way in innovation, job creation and economic revitalization and it’s an honor to shine the spotlight on their leadership and accomplishments. In addition to excellence in business, these pioneering entrepreneurs have demonstrated a deep commitment to and passion for their communities, which significantly impact the wellbeing of their local economies.”

ICIC President and COO Matt Camp adds, “These businesses and their owners are a testament to the impact innovation and entrepreneurship have had in rejuvenating urban areas across the U.S. Companies such as Consolidus are experiencing revenue growth and increased investment, which are in turn creating more jobs and economic opportunity for citizens in the communities where these companies call homes.”

filed under October 2018 | Consolidus
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