Promotion In Motion Among Top 10 Fastest Growing CPGs
Boston Consulting, IRI name candy maker in small company segment
ALLENDALE, N.J. -- For the second consecutive year, The Promotion In Motion Cos. Inc., the Allendale, N.J.-based manufacturer of 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.
"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," said president and CEO Michael G. Rosenberg.
"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," he said.
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.