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A candy maker and a confectionery distributor are on Crain’s New York’s list of the Top 125 Largest Privately Held Companies in the New York area.
Promotion in Motion (PIM), which manufactures and markets confectionery, chocolates, and fruit snacks, was ranked no. 84 on the list.
And, Harold Levinson Associates Inc., a distributor of tobacco products, candy, groceries, and sundries was ranked no. 19.
PIM’s ranking was based on projected revenue of $275 million for 2013 — up 22.2 percent from 2012, when the company had $225 million in revenue. That was up 12.5 percent from 2011.
“We have been perpetually capacity constrained, thus limiting our true growth potential,” says Michael Rosenberg, president and ceo of PIM. “Next year, with additional capacity coming on-line, we'll shoot for no. 83!”
Rosenberg says his company, which has 500 employees, is extremely proud to be recognized.
“[It] is a genuine tribute to the day-in and day-out efforts of our exceptional team at PIM and family of related companies, and likewise, our many valued business partner suppliers, domestically and abroad, who collectively continue to help us achieve outstanding results!” Rosenberg says.
Harold Levinson Associates Inc.’s ranking was based on expected 2013 revenue of $1.29 billion for the company — up 3.8 percent from the $1.24 billion in revenue the company earned in 2012. That was up 1.1 percent from the 2011 revenue for the company.
Edward Berro is president of the Harold Levinson, which has 475 employees.
To qualify for the list, companies must be “independent, privately held entities with no parent,” according to Crain’s. They also must be “headquartered in New York City or Nassau, Suffolk or Westchester counties in New York, or Bergen, Essex, Hudson or Union in counties in New Jersey.”