Inc 5000 Press Release
FOR IMMEDIATE RELEASE
NRI Distribution Named One of America’s Fastest-Growing Companies by Inc . Magazine
NRI Distribution Ranks No. 2293 on the 2019 Inc. 5000 List with Three-Year Revenue Growth of 175%
[LOS ANGELES, CA, September 4th, 2019] — NRI Distribution, a 3PL provider specializing in the fulfillment of premium lifestyle brands, was announced as one of the fastest-growing companies in America by Inc . Magazine on its 2019 Inc. 5000 list. This is NRI Distribution’s first time appearing on the Inc. 5000, the most prestigious annual ranking of the top 5,000 most successful privately held companies in the United States. In previous years the list has featured companies such as GoPro, Facebook, Dell, Pandora, Domino’s Pizza, and other wellknown names as honorees.
With a revenue of $40.3 million dollars and revenue growth of 175% over the past three years, Canadian-founded NRI Distribution ranked at number 2,293 on the 2019 list.
“We are deeply honored and humbled to have been recognized by Inc . Magazine on their Inc. 5000 list,” said Chris Maydaniuk, President of NRI Distribution . “I am immensely proud of each member of the NRI team, and I am grateful for all of their hard work that has contributed to NRI Distribution earning this significant distinction.”
Many paths to growth exhibited by Inc. 5000 listed companies
Inc. Magazine observed staggering growth in their comparison of the Inc. 5000 list from 2018 to 2019. The magazine reported that this year’s list as a whole achieved three-year average growth of 454 percent, and a median rate of 157 percent.
“The companies on this year’s list have followed so many different paths to success,” said Inc. editor in chief James Ledbetter in a recent press release. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
NRI Distribution continues to expand
Focusing on the North American fulfillment of premium branded footwear, apparel and accessories, NRI Distribution has experienced rapid growth over the last several years. The third-party logistics provider currently owns and operates a total of six warehouses across Canada and the United States. In 2018, the company opened a new warehouse in Montreal, Quebec, and NRI Distribution plans to continue this growth by expanding into East Coast USA during the spring of 2020.
“We have built our growth strategy with superior customer service at our core,” said Maydaniuk . “Our dedication to our client’s success is part of the DNA of NRI Distribution. It has set us apart from our 3PL competitors, and it has enabled us to build relationships with our clients that have continued to bloom since we began this business 22 years ago. To be selected as an honoree of the 2019 Inc. 5000 list is a celebration for us all.”
To view the Inc. 5000 list in its entirety, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, visit www.inc.com/inc5000.
About NRI Distribution
NRI Distribution is a 3PL providing scalable solutions to aspirational lifestyle brands across all channels of e-commerce, wholesale, retail, and reverse logistics. With over 1,000,000 square feet of combined warehouse space in Canada and the United States, NRI continues to grow and is grateful to have been recognized by Inc. Magazine as the 2,293rd fastest growing company in North America.