Promotion In Motion Named Fourth Fastest Growing CPG On 2012 Boston Consulting Group Momentum Report
New Jersey Company Earns Top Spot in Landscape of U.S. Consumer Packaged Goods (CPG) Companies
ALLENDALE, N.J., April 29, 2013 /PRNewswire/ -- The Promotion In Motion Companies, Inc., headquartered in Allendale, New Jersey, has been named one of the fastest growing Consumer Packaged Goods (CPG) companies in the U.S.A., according to a new study by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI). The results of the BCG/IRI company momentum report are based on sales growth, volume growth and share growth nationwide.
Promotion In Motion ranks as the fourth fastest growing CPG for 2012, amongst "Small" U.S. CPG companies, based on extensive data analysis developed by BCG in collaboration with IRI.
The report examined more than 400 of the fastest growing CPG companies and selected the top 10 Large, Medium and Small companies based on dollar sales ("Small" being defined as under $1 billion in sales). The three lists include some of the most influential names in the U.S. CPG landscape including Hershey, Mars, Nestle, Coca Cola, Campbell Soup, Starbucks, Chobani, Promotion In Motion and others.
"Our growth is a testament to our outstanding team of company associates combined with our strong portfolio of exceptional brands which delight consumers day in and out," said Michael G. Rosenberg, President and CEO of The Promotion In Motion Companies, Inc. "We are proud of our achievements and will continue to dedicate ourselves to driving outstanding performance through our high quality products and by meeting the rapidly changing needs of consumers and the marketplace."
Throughout 2012, The Promotion In Motion Companies expanded capabilities for product development and manufacturing, and has consistently driven marketing, public relations and sales efforts across the U.S.A. and abroad.
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 candy companies globally. The company's proprietary and licensed brands include WELCH'S® Fruit Snacks and Fruit 'n Yogurt™ Snacks, SUN-MAID® Milk Chocolate Raisins, My M&M'S® Brand Chocolate Candies, FISHER® Milk Chocolate Peanuts, TUXEDOS® Chocolate Almonds, SOUR JACKS® Sour Candies, NUCLEAR SQWORMS™ Sour Neon Gummi Worms, Gummy Factory™ Gummi Candies, TOGGI® Fine European Chocolate Wafers, BAKE SHOPPE™ Cookie Dough Miniatures, JUICEFULS® Juice Filled Fruit Snacks and more. Its subsidiaries and affiliates include Promotion In Motion Canada, Inc., Promocion en Mocion Mexico, Grupo de Alimentacion Promotion In Motion Iberia S.A de C.V., Promotion In Motion UK, Ltd., Farmer's Choice Food Brands and PIM Brands LLC.
SOURCE Promotion In Motion
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