FOR IMMEDIATE RELEASE
BOSTON – August 21, 2012 – Inc. Magazine today ranked Target Logistics as #305 on its 31st Annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. Target Logistics is the largest turnkey workforce housing provider in the United States.
"I couldn't be more proud of what we have accomplished in such a short time. This success, for which I'm very thankful, represents the entrepreneurial thinking of our clients, partners and employees," says Target Logistics Founder and CEO Brian Lash. "We're humbled to be part of a list with alums like Microsoft, Zappos, Oracle, Timberland, Intuit, Domino's Pizza and E*Trade – all companies that know creating jobs creates the future."
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2011. Target Logistics had a growth of 1,225.7 percent. The Inc. 500's aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent. The companies on this year's Inc. 500 employ more than 48,000 people and generated about 40,000 jobs in the past three years.
"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Magazine Editor Eric Schurenberg.
Target Logistics currently operates 14 properties in North America with more than 5,300 total beds. Additional lodges with more than 2,000 total beds will begin construction in North Dakota and Texas during 2012.
Target Logistics, the largest turnkey workforce housing provider in the United States, is a global resource for cost-effective, customized accommodations and services. With offices in Boston, Houston and Williston, North Dakota, the company provides site design, construction, operations, security, housekeeping and catering for temporary workforce housing, mobile crew camps and extended stay hotels. Named by Inc. Magazine as one of "America's Fastest-Growing Private Companies," Target Logistics offers innovative housing solutions in the world's most remote locations. Visit www.targetlogistics.net or call (800) 832-4242.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to more than 6,000,000 today. For information, visit www.inc.com.
Randy E. Pruett
Pierpont Communications for Target Logistics
(214) 217-7300 (Office) / (214) 505-1685 (Mobile)
(800) 832-4242 x311