Dramatic revenue growth has landed two area businesses — WaterFilters.Net and AffordableButtons.Com — on Inc. magazine's just-released annual list of financial rising stars.
A striking revenue climb of 566 percent from 2007 to 2010 scored WaterFilters.Net of Zumbrota its third appearance on Inc.'s fastest-growing list in the 576th spot.
AffordableButtons.Com of Rochester hit the list for the first time at the 3,620th spot. It tallied its own impressive three-year growth of 45 percent to hit $3.3 million in revenue for 2010.
Still growing in Zumbrota
For WaterFilters.Net which opened its 20,000-square-foot distribution center in Zumbrota in 2008, making the list again is "… a strong validation of our core values as a company," says Karl Rist, the online retailer's marketing specialist.
In 2008, the company, which sells water filters and filtration products online, had a staff of three. They have about 30 employees today, he says.
The company that was originally started by Jamin Arvig in his Twin Cities apartment collected $10.3 million in revenue for 2010.
Her dream made real
Seeing her business on Inc.'s list is simply a dream come true for AffordableButtons.Com's founder Linda Christopherson.
"I've always wanted to make the Inc. list. I think it makes a huge difference," says Christopherson, who runs the family-owned company with her husband, Tom.
Like WaterFilters.Net, AffordableButtons' name is pretty self-explanatory.
It makes custom buttons with messages and designs for about 40,000 customers, including presidential candidates, high school sports teams, Fortune 500 companies, kids' birthday parties, Hollywood movie studios and many others.
"In our category of advertising and marketing, we're ranked at 327. That's a huge industry that includes a lot more than just button makers," Christopherson says.
Its 35 employees make and ship out tens of thousands of buttons a day from its facility on Rochester's 19th Street Northwest.
As candidates are starting to jockey for position in the 2012 presidential race, AffordableButtons is starting to see a surge in its political business.
About 50,000 Ron Paul buttons have already be made as well as about 6,000 ones for Rick Perry.