Chetu among the 120 South FL companies that made the prestigious Inc. 5000 List in 2014

By: Celia Ampel
Reporter- South Florida Business Journal

More than 100 companies made the cut for the Inc. 5000 fastest-growing private companies in America list, with two local companies named among the 50 fastest-growing ones in the nation.

Miami-based car-dealership marketing firm Showroom Logic came in at No. 26 nationally, topping the magazine’s list of South Florida companies by increasing revenue to $13.4 million in 2013 from $157,259 three years before.

IQ Formulations, a nutritional supplement company, ranked No. 50 in the U.S. The Sunrise-based company reached $8.2 million in 2013 revenues, compared to $148,037 in 2010.

“I look forward to many more years of continued success and expansion in South Florida as we help men and women achieve their fitness goals and constantly strive to raise the bar in our industry,” IQ Formulations CEO Jay Cohen said in a statement.

The companies each added several jobs in the past three years: Showroom Logic grew from four employees to 86, and IQ Formulations went from two employees to 33. IQ Formulations will move to a 40,000-square-foot facility in Tamarac in the fall.