Making a List, Checking It Twice...

One of the basic tenets of economic gardening--any well-planned economic development program, in fact--is that growth should arise from nurturing of enterprises already growing in the local environment. Columbia is well-positioned for such growth not just because of its many small firms but because of some of its larger companies, as well.

Inc. Magazine recently released its tally of the 5000 fastest-growing companies; two are in Columbia (Illinois, including Chicago and its suburbs, only has 224): MAVERICK Technologies and Traube Tent Company.

The Inc. 5005000 (as the tally is called) is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2008. Full-time and part-time employees are included in the head count; independent contractors and temporary employees are excluded.