Euro-Pro, Guardian Make Inc. 5000 List
September 15, 2011,
NEWTON, Mass., and MENTOR, Ohio--Euro-Pro and Guardian Technologies have both made Inc. magazine's fifth annual 5000 list of fastest-growing privately held companies.
With its revenue increase of 135 percent from 2007 to 2010, to $719.2 million, Euro-Pro ranked 1,909th on the list, moving up more than 2,300 spots since it first appeared on the Inc. 5000 in 2009. The company markets floor-care products under the Shark brand and small electrics under the Ninja brand. In a company statement, Euro-Pro said it is continuing its aggressive growth strategy with the introduction of new products under both brands: The Shark Navigator Lift-Away vacuum and the Shark Professional Steam Pocket Mop in floor care, and the Ninja Kitchen System (combining a blender, food processor and mixer) and the Ninja Pulse, a smaller version of the Kitchen System that is slated to debut in the coming months.