Lopez Negrete experienced a growth rate of 25 percent in the past year, resulting in the company moving up 580 spots in the Inc. 500|5000 rankings. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.
“We are delighted to be named to the Inc. 500|5000 list of the fastest-growing companies for a fifth consecutive year. Our growth is a direct result of a client roster that understands the importance of recognizing the fastest-growing segment in America – Hispanics. This is a critical time for companies, and the ones who comprehend the magnitude of the Latino consumer will rise to the top,” says Alex López Negrete, president and CEO of Lopez Negrete Communications.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where
the action is,” says Inc. editor, Eric Schurenberg.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies – as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, and can be found at inc.com/500.
About Lopez Negrete Communications
Lopez Negrete Communications, Inc. (lopeznegrete.com) is the nation’s largest independent, Hispanic owned and operated, full-service agency specializing in Hispanic marketing. Headquartered in Houston, Texas, with a second office in Los Angeles, California, the company’s billings are $175 million. Since 1985, Lopez Negrete has offered a full range of advertising, marketing and public relations services to industry leaders, including Wal-Mart Stores, Inc., Bank of America, Verizon Communications Inc., Kraft Foods (Kraft Singles, Maxwell House), MillerCoors (Miller Lite), NBC Universal Motion Pictures Group, Dr Pepper Snapple Group, SONIC Drive-Ins, and others. With over 200 employees, Lopez Negrete Communications, Inc. is a proven leader in providing fully integrated national Hispanic marketing and communications services.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000, 000 in 2010 to over 6,000, 000 today. For more information, visit inc.com/.