MonaVie takes top honors for Utah growth

by louabbott on October 24, 2009

MonaVie has been one of the fastest growing companies in the network marketing space since their inception in 2005 – that’s 4 years of outstanding growth.  This just came out:

Published: Friday, Oct. 23, 2009 8:23 p.m. MDT

A South Jordan-based multilevel marketing company that sells juices was Utah’s fastest-growing company in 2009 — and Friday it was given the award to prove it.

MonaVie received top honors given by MountainWest Capital Network at the 15th annual Utah 100 Awards Program. The event lauds the 100-fastest growing companies in the state, the top 15 revenue-growth companies and 12 “emerging elite” companies that are young but show great promise.

The 100 fastest-growing companies are selected from thousands of applicants and represent a cross-section of industries. The ranking of the top 100 is determined by the percentage revenue increased from 2004 to 2008.

The top 10 was rounded out by Skullcandy, American Liberty Insurance, VMI Nutrition, Interbank FX, Revinetix, SwarmBuilder Inc., Hyper Interactive Media, Cymphonix Corp. and Wasatch Software Inc.

Top revenue-growth winners had the largest dollar-amount revenue increase in that same five-year period. This year, top-five honors in that category went to Questar, Zions Bancorp., MonaVie, The Layton Cos. and Sportsman’s Warehouse.

Read the full story at Deseret News

Also, see our overview here: MonaVie, Facts, News, and Reviews

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