Cariloha Honored as one of the Fastest 50 Growing Companies

Cariloha Honored as one of the Fastest 50 Growing Companies

Cariloha Executive VP of Marketing, Aaron Hobson (pictured above), at this year’s Fast 50 Awards Gala in Salt Lake City, UT.

Utah Business magazine this month recognized Cariloha as one of the fastest-growing companies at the Fast 50 Awards event in Salt Lake City.

Cariloha is now among a small group of elite, growing businesses to make the list more than eight consecutive times. Less than 5 percent of the Fast 50 list has been on the list more than three times.

Also honored were the Emerging Eight, businesses that have only been operating for a few years but are already speeding ahead of the competition.

The Fast 50 companies are ranked based on five years of compound annual growth, with a revenue component. The annual Fast 50 event recognizes the companies for their entrepreneurialism and innovative tactics. The companies will also be featured in the September issue of Utah Business magazine.

Thousands of Utah-based companies seek to be on the list every year, and only 50 companies make the list. Cariloha ranked no. 48 and was among other outstanding companies, such as Vivint, Walker Edison, Lucid, Pluralsight, USANA, Podium and many others.

The 2015 Fast 50 was dominated by examples of and accompanied by illustrations of record growth and progression in industry. The Fast 50 program continues to recognize innovative companies that have the concepts and strategies in place to sustain record growth.

Utah Business noted that the success of these businesses “benefits the entire state through new jobs created, new homes and offices built, and new demand for professional services. Your success strengthens Utah’s economy and bolsters our business ecosystem.

Cariloha is also recognized as one of America’s fastest-growing companies on the Inc. 500|5000 list, a Gold Winner in the American Business Awards, and as an Ernst & Young Entrepreneur Of The Year® winner.