Texas Precious Metals honored by Inc 500 as the #200 Fastest Growing Private company in America for 2015
(PRWEB) Shiner, TX: Inc. magazine today ranked Kaspar Texas Traditions No. 200 on its 34th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. Kaspar Texas Traditions, whose largest subsidiary is Texas Precious Metals comprising 99.8% of total revenue, boasts a 3-year growth rate of 2,095% and total revenue of $154.7 million.
The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident."
In fiscal year 2014, Texas Precious Metals sold 2.3 metric tons of gold (75,998 troy ounces) and 79.3 metric tons of silver (2.55 million troy ounces). A major distributor for The Perth Mint, Australia’s official bullion mint, Texas Precious Metals accounted for 7.6% of the mint’s worldwide gold sales and 10.5% of 1-ounce gold kangaroo coin sales.
"Being selected for this award is a testament to the loyalty of our customer base and the dedication of our employees,” stated Jason Kaspar, CEO and co-founder. Kaspar, a Texas A&M University graduate, was also awarded the No. 1 prize by Mays Business School at the 2014 Aggie 100, which honors the 100 fastest growing Aggie-owned or led businesses in the world.
In the 2015 Inc. 500 list, Texas Precious Metals is ranked No.14 for financial services companies and No.18 for companies located in Texas.
“We like to say we’re a technologically advanced company with old fashioned values,” notes Tarek Saab, COO and co-founder. “Our motto is 'Doing Business the Texas Way,’ and this award indicates that the consumer market will always pivot toward businesses driven by user experience.”
About Texas Precious Metals
Texas Precious Metals (TPM), with over $150 million in annual sales, is one of the largest precious metals retailers in the United States. With low premiums, free shipping, spectacular products, and fanatical customer service, there is no other bullion retailer like Texas Precious Metals. To help ease the anxiety of purchasing bullion online, the company reinvented the industry by focusing on the delivery speed of packages. Since TPM only sells inventory that it has in stock, the company ships all orders via immediate, overnight delivery.