Vermont 100+ 29th Anniversary, Keurig Green Mountain still Number 1

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Vermont 100+ 29th Anniversary, Keurig Green Mountain still Number 1

Mon, 01/11/2016 - 11:41am -- tim

Vermont Business Magazine In January 1987, VBM ran its first Vermont 100, predicated on 1986 revenues. Since then there have been only four companies that have been Number One: C&S Wholesale Grocers, National Life Group, Fletcher Allen Health Care (now The University of Vermont Medical Center) and Green Mountain Coffee Roasters Inc (now Keurig Green Mountain). Keurig Green Mountain has pulled away from the field with over $4 billion in revenues. It also boasted revenue growth of 62,000 percent over the last 25 years. You read that correctly. But because in our first year we asked for 1985 revenues also, we can now produce a 30-Year Growth Chart (see page 26). Keurig’s growth over that period of time? 146,178 percent. Yes, that cup of coffee Bob Stiller once had has certainly turned into something. And now his company is being sold to a European holding company for $13.9 billion). You can see see the full rankings of the Vermont 100+ by industry, find the fastest growing companies, and read about Keurig's upcoming sale and many other of the Vermont 100 companies in the January 2016 issue of Vermont Business Magazine.

It is also evident from the Vermont 100+ that Vermont businesses are doing better now than in recent years, but clearly not as well as pre-Great Recession.

For the 2007 list, 61.4 percent of the Vermont 100+ companies boasted one-year growth, with a median of 12.1 percent. By 2009, the numbers were half that at 32 percent showing growth with a median increase of 8.5 percent. As we’ve climbed, struggling out of the depths, the numbers for the 2013 list were 67 percent showing growth and the median was 8.4 percent. For this 2014 Vermont 100+, a very healthy 75 percent grew year-over-year with a median increase of 9.5 percent. As we added 21 more companies for 2015, the growth numbers aren’t as robust (54 percent showed one-year growth with a median of 7.1 percent), but the total number that actually grew was greater and more Vermont companies (21) were willing to share their financial information.

What we see is that there is general growth, but at a modest pace. This is unquestionably a better situation for Vermont than the frantic economic pace set in the middle part of the last decade, which culminated in a historic collapse.

Along with the rankings and stories about the many companies in the January issue, there are four “Fastest Growing” charts: Five, Ten, Twenty, and, for the first time, Thirty Years.


($3 million or more in annual revenues)

Company City 2015 Sales in millions
Keurig Green Mountain Waterbury $4,520.0
National Life Group Montpelier $1,800.0
The University of Vermont Medical Center Burlington $1,100.0
Blue Cross and Blue Shield of Vermont Montpelier $875.0
Green Mountain Power Corp Colchester $669.0
University of Vermont Burlington $615.0
Casella Waste Systems Inc Rutland $525.0
PC Construction South Burlington $504.0
Vermont Mutual Insurance Group Montpelier $399.0
St Albans Cooperative Creamery Inc Saint Albans $377.0
Mack Group Arlington $335.0
Heritage Automotive Group Burlington $263.0
Middlebury College Middlebury $258.8
Champlain Oil Co, Inc South Burlington $230.0
Rutland Regional Medical Center Rutland $224.1
Vermont Electric Power Company Rutland $173.0
Brattleboro Retreat Brattleboro $168.7
Union Mutual of Vermont Companies Montpelier $166.3
Central Vermont Medical Center Barre $166.2
GW Plastics Inc Bethel $142.0
Southwestern Vermont Health Care Bennington $139.0
King Arthur Flour Company Norwich $130.0
Weidmann Electrical Technology Inc Saint Johnsbury $119.0
Poulin Grain, Inc Newport $112.5
Vermont Gas Systems Inc Burlington $112.4
BioTek Instruments Winooski $110.0
Champlain Cable Corp Colchester $110.0
Carris Reels, Inc Proctor $105.0
Norwich University Northfield $101.2
Vermont Country Store Manchester Center $100.0
Engelberth Construction Inc Colchester $92.0
The Vermont Agency Burlington $91.0
Northwestern Medical Center, Inc Saint Albans $90.8
Howard Center Burlington $85.8
Vermont Energy Investment Corporation Burlington $84.6
SD Ireland Concrete Construction Corp South Burlington $83.4
DEW Construction Corp Williston $81.0
Saint Michael's College Colchester $80.1
Land Air Express of New England LTD Williston $76.8
Black River Produce North Springfield $75.3
Bond Auto Parts Inc. Barre $74.9
Midway Oil Corp & Affiliates Rutland $74.0
North Country Hospital Newport $73.6
Brattleboro Memorial Hospital Brattleboro $71.3
Porter Medical Center, Inc Middlebury $71.0
Patrons Co-operative Fire Insurance Company Middlebury $69.0
iTech US Inc South Burlington $66.0
GS Precision, Inc Brattleboro $65.6
Northeastern Vermont Regional Hospital Saint Johnsbury $65.3
Burlington Electric Department Burlington $62.8
Sonnax Industries Bellows Falls $60.2
Cersosimo Lumber Company Brattelboro $60.1
Jay Peak Resort Jay $60.0
Copley Health Systems Morrisville $59.6
Gifford Medical Center Randolph $57.8
Food Science Corporation Essex Junction $56.0
Springfield Medical Care Systems, Inc. Springfield $54.4
Castleton University Castleton $49.0
Mt. Ascutney Hospital and Health Center Windsor $48.2
Marathon Health Inc Winooski $48.0
Champlain Valley Equipment Inc Middlebury $47.6
Health Care and Rehabilitation Services (HCRS) Springfield $46.1
PeakCM, LLC Winooski $45.0
SymQuest Group, Inc South Burlington $38.5
Britton Lumber Company Inc Fairlee $38.1
VHV Company Winooski $38.0
Bread Loaf Corporation Middlebury $37.5
Hallam Associates, Inc South Burlington $36.0
Lyndon State College Lyndonville $35.4
New England Woodcraft, Inc Forest Dale $35.0
VNA of Chittenden & Grand Isle Counties Colchester $31.2
Naylor & Breen Builders Inc Brandon $31.0
Twincraft, Inc Winooski $31.0
Select Design Burlington $30.9
Community Care Network Rutland $30.2
Vermont State Employees Credit Union Montpelier $30.0
People's United Insurance Agency Burlington $28.5
Wright & Morrissey Inc Burlington $28.0
Sugarbush  Resort Warren $27.4
Foster Motors Middlebury $25.9
Mount Family Group, LTD Williston $25.5
Neagley and Chase Construction Co South Burlington $25.5
Chroma Technology Corp Bellows Falls $25.1
Vermont Law School South Royalton $25.0
Ibex Outdoor Clothing White River Jct $24.8
EF Wall and Associates Barre $23.5
Vermont Mechanical, Inc Williston $22.5
Small Dog Electronics Waitsfield $22.0
SunCommon Waterbury Center $22.0
Stewart Construction Inc Essex Junction $21.8
Four Seasons Sotheby's International Realty South Burlington $21.5
Woodstock Inn & Resort Woodstock $20.7
ASIC North, Inc. Williston $20.3
Grace Cottage Hospital Townshend $20.1
Resource Systems Group, Inc. White River Jct $20.1
Hub International Transportation Insurance Services, Inc So Burlington $20.0
New England Air Systems LLC Williston $20.0
Kalow Technologies, LLC North Clarendon $19.6
Logic Supply, Inc. South Burlington $19.5
Flex-A-Seal Inc. Essex Junction $18.5
Holstein Association USA Brattleboro $18.5
Hayes Ford Lincoln Newport $17.5
Pizzagalli Properties LLC Burlington $17.5
Competitive Computing, Inc Colchester $17.0
Whitney Blake Company Bellows Falls $16.7
Granite Industries of Vermont, Inc Barre $15.3
Catamount Color Essex $15.0
North Hartland Tool Corp North Hartland $15.0
Dore & Whittier Architects Burlington $14.4
Against The Grain Gourmet Brattleboro $14.0
ReArch Company, LLC South Burlington $14.0
Vermont Store Fixture Corporation Danby $14.0
TS Peck Insurance South Burlington $13.7
Allard Lumber Company Brattleboro $13.5
Champlain Housing Trust Burlington $13.3
Lyndon Woodworking Inc Lyndon $12.9
AllEarth Renewables, Inc. Williston $12.8
Connor Contracting, Inc Berlin $12.6
Rice Lumber Shelburne $12.5
Stowe Electric Dept Stowe $12.5
Alliance Mechanical Inc. Essex Junction $12.2
Donald P Blake Jr Inc Morrisville $12.0
Heritage Aviation, Inc. South Burlington $12.0
ARC Mechanical Contractors Bradford $11.6
Vermont Smoke & Cure Hinesburg $11.6
Windjammer Hospitality Group South Burlington $11.5
Farm-Way Bradford $11.3
Patterson & Smith Construction, Inc Stowe $10.5
Winooski Insurance Agency, Inc Winooski $10.5
DuBois & King, Inc Randolph $10.4
Manufacturing Solutions Inc Morrisville $10.4
Southern Vermont College Bennington $10.2
VHB  North Ferrisburgh $10.0
Cersosimo Industries, Inc Brattleboro $9.9
Essex Equipment Essex Junction $9.8
Chuck's Heating & Air Conditioning, Inc Colchester $9.5
Pre-Tech Plastics, Inc Williston $9.5
The McKernon Group, Inc Brandon $8.5
Vermont Public Radio Colchester $8.5
TPW Management LLC Bondville $8.3
HA Manosh Corp Morrisville $8.0
Newport Furniture Parts Corp Newport $8.0
Spates Construction, Inc Derby $7.6
VMS Construction Rutland $7.5
Central Vermont Motorcycles Rutland $7.3
JA Morrissey, Inc Burlington $7.0
RSD Leasing, Inc White River Jct $6.9
Hickok & Boardman Financial Planning & Group Benefits Inc Burlington $6.8
Monument Farms, Inc Weybridge $6.8
Thomas Dairy Rutland $6.8
High Mowing Seed Company Wolcott $6.5
Martin's Hardware & Building Supply Inc Bristol $6.5
Neil H Daniels, Inc Ascutney $6.4
Dock Doctors, The Ferrisburgh $6.3
Walker Construction, Inc Stowe $6.3
JK Adams Co, Inc Dorset $6.0
Spherion South Burlington $6.0
Vermont PBS Colchester $6.0
Seven Days Burlington $5.6
Creative Labels of Vermont, Inc Winooski $5.3
Reliance Steel, Inc Colchester $5.3
Wild Apple Graphics Woodstock $5.2
Manpower of Vermont South Burlington $5.1
Bradford Machine Company Brattleboro $5.0
Davis Contracting Service Hardwick $5.0
Denis White Interior Contractors,  Inc Williston $5.0
Kittell, Branagan & Sargent Saint Albans $4.9
Lovejoy Tool Co, Inc Springfield $4.9
Homestead Landscaping Bondville $4.8
SPC Print Integrated North Springfield $4.8
CSE, Inc Williston $4.8
GeoDesign Inc Windsor $4.6
Ennis Construction, Inc Ascutney $4.5
Freeman French Freeman Burlington $4.5
HEB Manufacturing Co, Inc Chelsea $4.4
The Buckley Company, LLC Colchester $4.4
Essex Agency, The Essex Junction $4.2
Peregrine Design Build South Burlington $4.0
EME Management North Springfield $3.9
SUI International, LTD Williston $3.7
Sweeney Designbuild  Shelburne $3.5
Engineering Ventures PC Burlington $3.3
K & E Plastics, Inc Bennington $3.2
Vermont Energy Contracting & Supply Corp Williston $3.0