LMI Honored with 2013 Fast Track 50 Award
November 6, 2013
Lake Management, Inc., (also known as LMI Group), is honored to be recognized as one of the fastest growing companies in Lake & Geauga Counties by the Fast Track 50.
Companies that make the list are ranked based on a weighted average of 80 percent sales growth and 20 percent employment growth over the previous five-year period. To more fairly compare larger and smaller companies, the Fast Track 50 is divided into Established and Emerging categories.
Established companies reported revenue of at least $2.75 million in 2008, the baseline year for all evaluations. Emerging companies reported 2008 sales between $100,000 and $2.75 million. There are 25 companies on each list.