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Mount Pleasant firm wins award for state’s fastest-growing business




Direct Source Imports LLC was named South Carolina’s fastest-growing company for 2009 at last week’s S.C. Chamber of Commerce Annual Summit. The awards recognize 25 companies statewide for exceptional performance in revenue and employment growth.



Staff Report
Published Nov. 16, 2009

Mount Pleasant-based Direct Source Imports LLC was named South Carolina’s fastest-growing company for 2009 at last week’s S.C. Chamber of Commerce annual summit.

Direct Source Imports, which sells wood products used in the construction industry, saw revenue grow 225% in 2008. The company was founded in 2006.

South Carolina’s Fastest-Growing Companies 2009 recognizes 25 companies statewide for exceptional performance in revenue and employment growth. Direct Source was among six Lowcountry businesses named to the list. The awards are co-sponsored by The Capital Corp. investment banking firm and the S.C. Chamber of Commerce.

Arnold Construction Corp. of Columbia, a commercial and multifamily general contractor and design-build firm, came in second place with a 153% increase in revenue.

Liberty-based TSP, a manufacturer and distributor of irrigation products, turf equipment and pumping systems, took third place with 133% revenue growth.

Nominations for South Carolina’s Fastest Growing Companies 2009 were accepted between June and August. Participation was open to public and private nongovernmental entities in any business or industry sector that have headquarters in South Carolina. Nominees must have been in operation for at least two full fiscal years and have revenue of at least $3 million (or $50 million in assets for financial institutions) in the most recent fiscal year.

Fifteen of the 25 winning companies reported annual revenues exceeding $10 million. The median revenue for all finalists was $10.9 million.

Rankings are based on a weighted equation factoring in growth in revenues and increases in full-time employment.

South Carolina’s Fastest-Growing Companies 2009, Final Rankings

# COMPANY LOCATION INDUSTRY DESCRIPTION
1
 
Direct Source Imports LLC Mount Pleasant Retail
 
Retailer of high-quality wood products used in the construction industry
2
 
 
Arnold Construction Corp. Columbia
 
 
Construction
 
 
Commercial construction company serving the Southeast
 
3
 
TSP
 
Liberty
 
Manufacturing and distribution Irrigation products, turf equipment and pumping systems
4
 
Small Business Group Inc. Ladson
 
Construction and remediation Construction, environmental and demolition services
5
 
Dennis Corp.
 
Columbia
 
Professional services
 
Engineering, surveying and construction management
6
 
 
Network Controls and Electric Inc. Greenville
 
 
Technology infrastructure
 
Design, installation and maintenance of communication networks and electrical infrastructure
7 B2B Media Inc. Greenville Advertising Vehicle and architectural graphics
8
 
 
The Tides Commodity Trading Group Mount Pleasant
 
Commodities and sales
 
 
Commodity traders of bulk foods
 
 
9
 
avVenta Worldwide Mount Pleasant Professional services
 
Digital production and interactive communication services
10
 
 
Industrial Service Group Inc. Sumter
 
 
Industrial services
 
 
High-performance lining and coatings for the power generation industry
 
11
 
SYS Constructors Inc. Greenville
 
Construction
 
Commercial construction, specializing in design-build
12
 
Cynergi Systems LLC Duncan
 
Technology
 
Technology solutions provider serving the education and health care fields
13
 
Force Protection Inc. Ladson
 
Manufacturing
 
Survivability solutions and vehicles for the U.S. military and its allies
14
 
Yeargin Potter Shackelford Greenville
 
Construction
 
Commercial and industrial general contractor
15
 
 
Rhythmlink International LLC Columbia
 
 
Manufacturing
 
 
Design, manufacture and distribution of neurodiagnostic and sleep accessories
16
 
 
Insurance Applications Group LLC Greenville
 
 
Insurance and employee benefits
 
Benefits design and communications
 
 
17
 
 
Kestrel Horizons LLC
 
Greenville
 
 
Professional services
 
 
Construction, remediation and operation of environmental facilities and sites
18
 
Weir Capital Management Simpsonville
 
Financial services
 
Financial planners and money managers
 
19
 
Acumen I.T. LLC Greenville
 
Technology
 
Technology consulting
 
20 AssetPoint LLC Greenville Technology Software sales and service
21
 
Mercom Inc.
 
Pawleys Island Technology
 
Design and implementation of voice, video, data and security applications
22
 
AccountSource
 
Greenville
 
Staffing and temporary placement Accounting, and finance professionals
 
23
 
Marketplace Staffing Greenville
 
Staffing and temporary placement Comprehensive staffing solutions for growing businesses
24
 
M33 Integrated Solutions Greenville
 
Transportation management Transportation management and logistics
25
 
eGroup Inc.
 
Mount Pleasant Technology
 
Enterprise solutions design and consulting
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