The Carney Group earns Inc. 5000 for Second Straight Year

Inc. Magazine Honors The Carney Group as one of America’s Fastest-Growing Private Companies
Blue Bell, PA September 29, 2009 -
Inc. magazine recently named The Carney Group to its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.

“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”

Founded in 1992 by Nanette and John Carney, The Carney Group has grown into a nationally-recognized, full-service recruitment and placement firm serving the Greater Philadelphia Region. The Carney Group is also a PA Certified Women-Owned Business. They specialize in providing companies with experienced job candidates of all ages, so they can effectively build their workforce with the diversity they desire.

Candidates are placed on assignments including Professional Consulting Contracts, Direct Hire, Temporary, Part-Time, Large Project Staffing and Special Events. Our special niche of working with mature professionals lends itself to placing candidates in most disciplines to include Sales, Accounting, Finance, Management, Pharmaceutical, Healthcare, Customer Service, and Administration.

"The Carney Group’s placement on the Inc. 5000 list of the nation's fastest growing private companies for the second consecutive year proves that our business model was built on a foundation of growth and stability that has weathered these unprecedented economic times. It is a true testament of the durability of the entrepreneurial spirit," says Nanette Sciolla Carney, CEO, The Carney Group.

The 2009 Inc. 5000, unveiled on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.

This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).