/24-7PressRelease/ - Chicago, IL, August 13, 2008 - ABC Packaging Direct, based in Cleveland, Ohio, has been recognized as a high-growth private company by the Entrex Private Company Index (PCI), a benchmarking index that measures the performance of private companies in North America.
PCI gave ABC Packaging Direct its Top Growth Award in May for almost doubling its revenue over the same month last year. In May 2008, ABC Packaging Direct's revenue showed a 188 percent increase over May 2007.
"In a slowing economy, any type of growth is significant," said Stephen H. Watkins, CEO of Entrex, a Chicago-based company that tracks private company performance and sponsors the PCI. "Growth that almost doubles what you did last year is off the charts."
ABC Packaging Direct CEO, David Marinac, attributes the company's success to its online business model. "This enables us to cover more ground faster than anyone else, all at the total lowest cost," says Marinac. "Thanks to the Internet and technology, we're now a global company that can offer superior service in a more productive and efficient way."
The PCI issues this Top Growth award each month and presents the Top Five Growth Company award each quarter.
To view recent and past winning companies, visit. http://www.privatecompanyindex.com.
About Private Company Index
Published monthly by Entrex, Inc., the PCI is a proprietary benchmarking tool that measures revenue performance and activity in up to $250 million private company sector. The PCI is recognized by investment professionals and financial media as a leading and authoritative source on private company revenue performance. http://www.privatecompanyindex.com http://www.entrex.net.
About Abc Packaging Direct
ABC Packaging Direct is a Cleveland, Ohio-based provider of packaging solutions for manufacturers, with a product offering ranging from specialty high and low temperature films, returnable packaging, and molded foams, to heavy gauge thermoforming, retail clamshells and stand up pouches.
http://www.abc-packaging.com
Press Contact:
Erika Conefry
Private Company Index
311 South Wacker Dr.
48th Floor Chicago, IL 60606
877-4-ENTREX
econefry@entrex.net
http://www.privatecompanyindex.com
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