Moog Music has been ranked on the Inc. magazine 5000 list, and has also received the 2013 North Carolina Excellence Award from the Small Business Institute for Excellence in Commerce (SBIEC).
From a press release:
The Inc. 5000 list ranks the fastest-growing private companies in America. Moog Music earned a position of 4023 on the 2013 list. This is the third year in a row that Moog Music has appeared on the list, which offers a comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
The criteria for acceptance into the 2013 Inc. 5000 list were the most difficult in history. For example, the median company on the list increased sales in excess of 140 percent since the beginning of 2010, while the average Inc. 5000 list honoree grew a mind-boggling 468 percent. These are impressive results considering the challenging economy companies have been faced with over the course of the last three years.
Mike Adams, CEO/President of Moog Music, commented on the achievement: “I understand from the editors of Inc. that making this list for the third straight year is quite an accomplishment. This recognition is to be shared with the employees of Moog Music who consistently design, sell, and build quality electronic musical instruments that our customers want.”
Additionally, Moog Music was awarded the 2013 North Carolina Excellence Award. Each year the SBIEC conducts business surveys and industry research to identify companies that have achieved demonstrable success in their local business environment and industry category. They are recognized as having enhanced the commitment and contribution of small businesses through service to their customers and community. Small businesses of this caliber enhance the consumer driven stature that North Carolina is renowned for.