For the second consecutive year, The Promotion In Motion Companies, Inc., the Allendale, N.J.-based manufacturer of confectionery and snack food brands, including WELCH'S Fruit Snacks, SUN-MAID Milk Chocolate Raisins and more, announces that it has been ranked one of the top 10 consumer packaged goods (CPG) growth companies in a just-released report by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI).
Promotion In Motion was among the fastest growing companies in the "small" company segment, defined in the report as under $1 billion in annual revenues.
Company President and CEO Michael G. Rosenberg said in a prepared statement, "We are genuinely pleased to be included in the Top 10 list for a second consecutive year. This is a testament to our tremendous team of associates and our winning brands and products. We are adding significant manufacturing infrastructure to ensure we can supply the increasing demand for our products moving forward, as it has at times, limited our true growth potential.”
“Despite our growth, we are not content to rest on past success. Our consumers and trade partners count on us to continue to innovate and keep our momentum in full gear. With a pipeline full of many new and exciting products, including our New WELCH'S PB&J Snacks, TOGGI Fine European Chocolate Wafers, and others, as well as enhancements to our core product portfolio, 2014 looks to be another excellent year for robust growth and we certainly hope for a "three-peat" on next year's list!" stated Rosenberg.