Tag: Yahoo News

Annual ranking showcases the 100 fastest-growing urban businesses in America.

Boston, MA (PRWEB) June 08, 2012

The Initiative for a Competitive Inner City (ICIC) and Fortune Magazine announced that ColorFX, Inc. Sun Valley, California (Rank #94) was selected for the 2012 Inner City 100, a list of the fastest-growing inner city companies in the U.S. The Inner City 100 program recognizes successful inner city companies and their CEOs as role models for entrepreneurship, innovative business practices and job creation in America’s urban communities.

The full list can be viewed at Fortune.com

The rankings for each company were announced at the Inner City 100 Awards on Wednesday, May 9, 2012 in Boston, MA. Winners attended a two-day small business symposium featuring executive education case studies and how-to workshops from leading content providers, including Harvard Business School, Babson College, Boston University, Next Street and R/GA.

ColorFX, Inc. Printing and Packaging

ColorFX Printing and Packaging is a family-owned and operated printing enterprise located in Sun Valley, California, just north of Burbank, off the 5 Freeway with easy access to the 118, the 170, the 405 and 210 Freeways. The ColorFX facility for wholesale trade printing consists of a 28,000 square feet freestanding building that has been the ColorFX home for the past 17 years.

To better serve their customers, ColorFX, Inc. in Sun Valley, California offers that intangible extra-pride. ColorFX is the latest generation of a centuries-old craft. The technology that is employed by ColorFX are the tools to achieve what has always been the goal of the true craftsman – sparkling quality in wholesale printing. It is this culture of excellence at ColorFX, Inc. that causes each member of their staff to be proud of identifying themselves as a printer.

ColorFX is proud to announce the addition of the Xerox iGen4 Variable Printer to its line up as well.

ColorFX, Inc. has, as its foundation, a commitment to quality. This foundation combined with the latest in production digital technology and state-of-the-art equipment is what distinguishes ColorFX, Inc. Their customers have come to rely on these three dimensions of service, and in the process, have become heroes to their own trade customers and successful businesses.

To provide the most convenience to their trade customers, ColorFX has one of the most comprehensive and user-friendly custom websites. By simply logging on to http://www.colorfxweb.com and accessing MySpace, customers have the ability to do the following:

• Get Free Estimates including Shipping • Log of all Estimates • Log of all Orders • Dedicated Server space for files & data • Upload any Files from a Dedicated Server • Preflight Files • Approve Jobs for Printing • Track a Job’s Progress • Pay Online with different Payment Methods

ColorFX provides printing delivery services to all of their clients by request. They can also ship with UPS, Trucking and Air Cargo with Blind labeling and third party deliveries. ColorFX Printing and Packaging will continue to upgrade their existing facility and equipment to provide the highest quality of wholesale trade printing by utilizing the newest technology with Quick Turnaround Times and the Most Competitive Prices. The goal of ColorFX is to earn customer loyalty and to prove why their trade slogan is and always will be “Customer Service Is Our Priority”.

The Inner City 100 list provides unmatched original data on the fastest growing inner city businesses in the U.S. In the last 14 years, 720 different companies have earned positions on the Inner City 100, collectively generating more than $2.2 billion in annual revenues and creating nearly 73,000 new jobs. Chevron Corporation, Staples and Goldman Sachs are long-time sponsors of the program.

For the 2012 list, winners represent a wide span of geography, operating in 46 cities and 30 states. The 2012 Inner City 100 winners grew at a compound annual growth rate of 40 percent and an average standard growth rate of 577 percent between 2006 and 2010. Collectively, the top 100 inner city businesses employ 7,965 employees and have created more than 4,635 new jobs between 2006 and 2010. Not only are they powerful job creators in their communities, but they also treat their employees well – a stunning 93% of the list provide health insurance.

“We are delighted to celebrate businesses like ColorFX, Inc. Sun Valley, California that are playing a critical role in revitalizing communities across the country. Through their achievements, the Inner City 100 winners exemplify America’s remarkable potential and the future of our urban centers,” said Mary Kay Leonard, ICIC President and CEO. “These extraordinary companies demonstrate the market potential that exists within our inner cities and the growth that is at the heart of all urban entrepreneurial successes.”

The list is proof of concept that doing business in an inner city area holds a distinct competitive advantage. ICIC has been studying the economic condition of the largest 100 American cities for more than a decade and is working to revitalize inner cities across the country.
Highlights of the 2012 Inner City 100 include:

• Employ 7,965 workers and have created 4,635 new jobs in the last five years.
• 25% are women-owned. Nationally, only 10% of companies with over $1 million in annual revenues are women-owned.
• Companies generated $15.3 million in revenues on average and $1.5 billion in the aggregate.
• 36% are minority-owned. Nationally, only 21% of all companies are headed by minorities.
• 40% of their workers are inner city residents.

Ross Avedissian
ColorFX
(818) 767-7671 #102