New Jersey Based Promotion In Motion Companies Again Named Amongst Top Ten Fastest Growing CPG's By BCG/IRI Study For 2013
ALLENDALE, N.J., March 24, 2014 /PRNewswire/ -- For the second consecutive year, The Promotion In Motion Companies, Inc., the Allendale, NJ based manufacturer of market leading confectionery and snack food brands, including WELCH'S Fruit Snacks, SUN-MAID Milk Chocolate Raisins and more, has been ranked one of the Top 10 CPG Growth Companies in a just-released report by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI).
Promotion In Motion was among the fastest growing companies in the "Small" company segment, defined in the report as under $1 billion in annual revenues.
According to company President & CEO Michael G. Rosenberg, "We are genuinely pleased to be included in the Top Ten list for a second consecutive year. This is a testament to our tremendous team of associates and our winning brands and products. We are adding significant manufacturing infrastructure to ensure we can supply the increasing demand for our products moving forward, as it has at times, limited our true growth potential."
"Despite our growth, we are not content to rest on past success. Our consumers and trade partners count on us to continue to innovate and keep our momentum in full gear. With a pipeline full of many new and exciting products, including our New WELCH'S PB&J Snacks, TOGGI Fine European Chocolate Wafers, and others, as well as enhancements to our core product portfolio, 2014 looks to be another excellent year for robust growth and we certainly hope for a "three-peat" on next year's list!" stated Rosenberg.
About The Promotion In Motion Companies
The Promotion In Motion Companies, Inc. is one of North America's premier makers of confections, fruit snacks and other snack food products, and has been named one of the top 100 snack companies globally, one of the fastest growing Consumer Packaged Goods (CPG) companies in the U.S. by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI) for two consecutive years, is ranked by NJBIZ as one of the State's 50 largest privately held employers, and is listed on the 2013 Crain's New York Business Largest Privately Held Companies list.
Promotion In Motion Inc. produces and markets Welch's® PB&J Snacks, Welch's® Fruit Snacks, Welch's® Fruit 'n Yogurt™ Snacks, SUN-MAID® Milk Chocolate Raisins, My M&M'S® Brand Chocolate Candies, FISHER® Milk Chocolate Peanuts, Toggi® Fine European Chocolate Wafers, TUXEDOS® Chocolate Almonds, SOUR JACKS® Sour Candies, NUCLEAR SQWORMS® Sour Neon Gummi Worms, Original Gummi Factory™ Gummi Bears, BAKE SHOPPE™ Cookie Dough Miniatures™, JUICEFULS® Juice Filled Fruit Snacks and more. Its subsidiaries and affiliates include Promotion In Motion Canada, Inc., Grupo de Alimentacion Promocion en Mocion Mexico, S. de R.L. de C.V., Grupo de Alimentacion Promotion In Motion Iberica, S.L., Promotion In Motion UK, Ltd., Farmer's Choice Food Brands and PIM Brands LLC. For additional information, please visit www.promotioninmotion.com.
SOURCE The Promotion In Motion Companies
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