ASHEVILLE, NC— Today Inc. named Riverbend Malt House number 2804 on the list of the 5000 fastest growing private companies in America. This achievement comes on the heels of a major facility expansion, which increased Riverbend’s malting capacity by more than 50 percent.
The annual Inc. 5000 list is one of the most prestigious rankings of the nation's fastest-growing private companies, representing top tier independent small businesses in America. Inc. 5000 status is conferred based upon a company’s cumulative revenue growth over the preceding three years. Since 2018, amid the global COVID-19 pandemic, Riverbend has attained a revenue growth rate of 198 percent.
“This achievement is reflective of the relentless focus on product quality and customer service that the Riverbend team delivers day in and day out,” remarks Scott Hickman, Riverbend’s CEO. “We are truly grateful for the confidence placed in us by more than 250 brewing and distilling customers, which enabled us to qualify for this award."
Riverbend’s inclusion in the Inc. 5000 list is not only positive for Riverbend, but for the craft malt industry as a whole, Hickman continues: “Sales growth of this magnitude is a proof point indicating that discerning brewers and distillers are increasingly realizing the importance of high quality ingredients and a locally sourced brand message for their product differentiation."
A full list of winners including Riverbend Malt House can be found on the Inc.com website.
Contact Emily Hutto at hutto@radcraftbeer.com with media inquiries.
ABOUT RIVERBEND MALT HOUSE
Riverbend Malt House is on a quest to connect Southeastern family owned farms and fermenters. Co-Founders Brent Manning and Brian Simpson launched Riverbend, the first craft malthouse east of the Mississippi River, in Asheville, North Carolina in 2010. Buoyed by a 70,000 foot production facility and state of the art equipment, Riverbend Malt House helps breweries and distilleries large, small, and in-between stand out with flavor, locality, and community in an increasingly competitive landscape— all the while challenging the status quo of corporate, big-agriculture malt. Learn more at riverbendmalt.com.