Industry-based Lollicup USA Named to Fastest-Growing Companies List

By Patch editor Melanie C. Johnson

City of Industry-based Lollicup USA has been named one of the 5,000 fastest-growing privately-held companies in America.

Inc. 5000, considered one of the most prestigious entrepreneurial lists, ranked Lollicup No. 2912, according to a news release. 

The company manufactures and distributes disposable beverage and food service products, as well as coffee and tea supplies. Lollicup also is a retailer and supplier of specialty beverages, with locations in Walnut and Diamond Bar.
A key factors that was included in selecting Lollicup to the list included the company improving its annual percentage revenue growth by 117 percent from 2009 to 2012, officials said. 

The recognition puts Lollicup in "an elite group of honorees" that include LivingSocial, Microsoft, Zappos, Timberland, Vizio, and Jamba Juice, according to officials. 

"The Inc. 5000 was harder to get into this year than ever in its history. The median company on the list increased sales more than 140% since the start of 2010, while the average honoree grew a mind-boggling 468%," said Eric Schurenberg, Editor-in-Chief of Inc. magazine, in a statement.