Cali Bamboo Makes Inc. 5000 Fastest Growing Companies List Ninth Year in a Row
SAN DIEGO, CA August 23, 2017
Green building industry leader,Cali Bamboo, has been included on the prestigiousInc. 5000Fastest Growing Private Companies list for the ninth straight year with a ranking of 1,539 for 2017. The direct-to-consumer and omni-channel leader in both flooring and decking saw sales revenue grow in 2016 to $83 million -- an increase of 80% vs 2015, and 260% over the past three years.
Each year Inc. recognizes the fastest growing private companies in America based on revenue over a three-year time frame. Companies on the list, on average, have grown sixfold since 2013, during a period of time when the economy grew by only 6.7%.
Inclusion on the list more than once, let alone nine times in a row, is no easy feat. Of the tens of thousands of companies that apply to the Inc. 5000 over the years, only a fraction have made the list more than once, and only half a percent have remained there nine times.
Remarking on the news, Cali Bamboo President/CEO and Co-Founder Jeff Goldberg says, “I’m so proud of our team and organization for making the Inc. 5000 list 9 times in a row. When I look back over the last decade, I shake my head at the fantastic journey we’ve had, butwhen I look forward to the decade ahead, that journey will be transformative.”
Summer 2017 also saw Cali Bamboo come in at #42 on theSan Diego Business Journal’sannual Top 100 Fastest Growing Private Companies list, another elite grouping the company has been included on eight years in a row.
This impressive growth can be attributed to a Cali Bamboo’s top-quality products, success at providing the industry’s best overall customer experience, disruptive go-to-market strategy, unique omni-channel platform, and steadfast commitment to environmental sustainability. Products are made to be high-performing green alternatives to traditional wood products, thereby preserving old growth forests for future generations and preventing millions of pounds of harmful CO2 from entering the atmosphere. Collections are sold directly to homeowners, contractors, architects and designers viaCaliBamboo.com, through a network of authorized dealers across the country, and at Lowe’s stores andLowes.com.
Continued growth is projected by means of expansion of the flooring and composite decking product lines to better serve a wider range of commercial building needs, further capitalization of the direct-to-consumer platform, and focused development of the national dealer channel.
ABOUT CALI BAMBOO®
Headquartered in San Diego, Cali Bamboo manufactures green building materials made primarily of bamboo -- one of the world's most durable, sustainable, and renewable materials. Founded in 2004 and recognized as an Inc. 5000 Fastest-Growing Company nine years in a row, Cali Bamboo models how individuals, businesses, and communities can implement modern design along with structural strength and environmental integrity. Cali Bamboo services residential and commercial building projects across North America with a wide range of products including bamboo, eucalyptus, cork, and vinyl flooring, fencing, composite decking, plywood, cork wall tiles, poles, paneling, and more. Products are available directly from Cali Bamboo or through Lowe’s and top dealers across the country.