Riverbend Malt House Named On Inc. 5000 Fastest Growing Private Companies Three Years Running
Riverbend Malt House, the first craft malt house in the Southeast, is on the 2024 Inc. 5000 list of fastest growing small businesses in America.
ASHEVILLE, NC— Riverbend Malt House was declared number 3551 on Inc. Magazine’s list of the 5000 fastest growing private companies in America today. 2024 is the third year running that Riverbend has made the Inc. 5000 list.
Inc. 5000 is one of the most prestigious ranking programs, representing top tier independent small businesses across the United States. Inc. 5000 status is conferred based upon a company’s cumulative revenue growth over the preceding three years. Riverbend’s 2024 ranking on this list is up from 2023 when they were named #3992 on the list of fastest growing companies.
For Riverbend Malt House, revenue growth over the past three years was 135 percent. Since its start and particularly over the past few years, this development is a testament to the value add of locally sourced and malted grains for craft breweries and distilleries of all shapes and sizes.
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.
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.
Riverbend Malt House Named On Inc. 5000 List Of Fastest Growing Private Companies in America For Second Year
The Southeast’s first craft malt house Riverbend Malt House has grown 116 percent since 2020, earning a placement on the Inc. 5000 list for the second consecutive year.
ASHEVILLE, NC— Today Inc. Magazine named Riverbend Malt House 3992 on the list of the 5000 fastest growing private companies in America. Riverbend ranked #96 on the list of fastest growing North Carolina companies.
2023 marks the second consecutive year that Riverbend has made the Inc. 5000 list, 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. At Riverbend Malt House, the revenue growth over the past three years was 116 percent.
“We are gratified to make the Inc. 5000 fastest growing list for the second consecutive year,” remarked Scott Hickman, Riverbend’s CEO. “High quality malt, carefully made from grain sourced from local, family owned farms clearly continues to be a value proposition that appeals to our craft brewing and distilling customers. In an increasingly crowded space, using— and talking about— quality ingredients is proving to be an effective way for our customers to stand out.”
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.
Riverbend Malt House Named One of Inc. 5000 Fastest Growing Private Companies in America
The Southeast’s first craft malt house reports 198% growth over the last three years.
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.