ADDISON, Ill.--(BUSINESS WIRE)--Parts Town, the market-leading distributor of foodservice equipment parts, has been recognized by Inc. Magazine as one of the fastest growing companies in the United States for the 12th consecutive year. Parts Town was also recognized as one of the most successful businesses in the Midwest, ranking #111 on the list of fastest growing companies in the region.
The Inc. 5000 list recognizes the country’s fastest-growing, privately held, for-profit companies based on recent percentage revenue growth. Parts Town received its rank of 2,986 after reporting more than $719 million in revenue in 2019, a 132% increase from 2016.
"We are, of course, honored to be included in the list of fastest-growing companies in the U.S. and super proud to be recognized as one of the most successful companies in the Midwest, however, our focus right now is keeping our team safe and healthy and helping our customers and manufacturers through the challenging period that the foodservice industry is facing with the impact of COVID-19 on individuals, families, our country, and the world," said Steve Snower, Chief Enthusiasm Officer, aka CEO, of Parts Town.
Parts Town announced significant milestones over the past year, notably its combination with Heritage Food Service Group, creating stronger capabilities to support both customer and manufacturer partners. The combined organization, which brings together two high-growth, innovative companies, will invest in highly personalized customer service, accelerated innovation, and additional inventory to further improve the experience of finding and buying OEM parts.
Parts Town has delivered a number of additional advancements recently, including: the launch of Parts In Town, an OEM parts marketplace that enables one-hour pick-up of parts in several local markets, helping local service companies participate in e-commerce, a strategic partnership with Davisware, the industry leading ERP provider for service companies, and the introduction of fast and easy online returns.
“We’re able to consistently deliver high growth because we have an amazing group of team members committed to living our core values every day. We intend to continue to innovate and grow with integrity for many years to come,” said Snower.
The Inc. 5000 list represents the most comprehensive look at the most important segment of the economy — America’s independent entrepreneurs. 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 at www.inc.com/inc5000. The full Inc. 5000 Series: Midwest list is available at: http://www.inc.com/inc5000-series-midwest-2020.
About Parts Town
Parts Town is the leading distributor of genuine OEM (original equipment manufacturer) foodservice equipment parts. When there’s a hiccup in any commercial kitchen, Parts Town is ready to jump in and help with the most in-stock parts on the planet, innovative technology, and an unmatched customer experience. Customized solutions benefit food equipment service companies, chain restaurants, institutions and independent restaurants.
Parts Town leads the way in industry innovation. Its Serial Number Lookup tool uses model serial number level detail from a variety of foodservice equipment manufacturers to create a more precise search and order process for buying replacement parts for commercial kitchen equipment. The 360-degree imaging technology, PartSPIN®, valuable interactive diagrams, convenient Smart Manuals, and the industry’s first mobile app allow customers to easily and conveniently find and view equipment manuals and parts in the field, where that info is needed most. These innovations, paired with same day shipping and extended hours of operation, ensure the correct part is ordered and delivered every time.
Partnering with the top manufacturers of commercial cooking, refrigeration, ice and beverage equipment and more, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps every customer’s business running like clockwork. For more information, http://www.partstown.com/.