Tiger Correctional Services is named to INC Magazine Top 5000 for 7th years in a row.
Tiger Correctional Services is named to INC Magazine Top 5000 for 7 years in a row.
Inc. magazine has ranked Tiger Correctional Services, Inc Number 3,914 on its seventh annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
Tiger Correctional Services, Inc has been a mainstay on this list having made the ranking all seven times it has been compiled. Other companies making the list this year include Otterbox, Bojangles, Edible Arrangements, and Lifelock, as well as many other prominent brands
Tiger’s Founder and CEO, Chad Niell, said, “Hard work and intuitiveness still pay off. Small business is the backbone of our economy. When this list comes out every year it provides evidence that small business is still working and growing and it is possible to reach your financial goals and aspirations. Ideas by themselves never pay off, one has to put them into action, and then the magic starts.”
The Inc. 500|5000 list also ranks companies by state ranking. In Arkansas, Tiger Correctional Services moved up two places from their 2012 ranking of number 6 to number 4 in 2013.
In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.
"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” says Inc. Editor Eric Schurenberg.
Tiger Correctional Services located in Jonesboro, Arkansas is a leading national provider of correctional facility commissary, food services, and Jail Management Services software. The company decreases jail manpower requirements, lowers costs and increases revenue generated though inmate commissary programs. Tiger was started in 1999 in response to the need of correctional facilities to lower costs due to shrinking budgets while enhancing both revenue and increasing the quality of vital services.