CJ CHEMICALS AWARDED 24TH FASTEST GROWING WOMEN- OWNED/LED COMPANY BY WOMEN PRESIDENTS’ ORGANIZATION
Owner and President Catherine Lee was acknowledged at the 11th annual WPO awards
Brighton, MI — (May 8, 2018) Premier chemical distribution company CJ Chemicals accepted the award for the 24th fastest growing women-owned/led company at this year’s Women President Organization (WPO) awards held in Los Angeles, CA.
CJ Chemicals is a chemical distribution company owned and operated by Catherine Lee. Catherine has been in the chemical business for over 30 years. In 2010, with the help of her son, Joshua Lee, Catherine opened CJ Chemicals. CJ Chemicals has seen tremendous growth since its first year.
“To be successful you must build your business on integrity and forming trusting partnerships both with suppliers and customer,” said Catherine Lee.
About CJ Chemicals
Providing the best customer service is what sets Catherine and CJ Chemicals apart in the chemical industry. CJ Chemicals strives to develop strong partnerships with their customers and provide the best service at a competitive price. CJ Chemicals’ motto is “Setting the industry standard for customer service.” CJ Chemicals has a broad chemical repository of more than 350 different chemicals with capabilities in warehousing, storing, shipping and importing along with exporting.
The WPO is an organization that helps women who own multi-million-dollar companies to connect. The WPO looked at revenue for years 2013, 2015 and 2017 using a sales growth formula, combining percentage and absolute growth to rank all eligible companies.
This year’s top 50 fastest-growing women-led companies represented $8.3 billion in revenue in 2017.
For more information about Catherine Lee or CJ Chemicals visit cjchemicals.net
50 FASTEST GROWING WOMEN-OWNED/LED COMPANIES ANNOUNCED BY WOMEN PRESIDENTS’ ORGANIZATION AND CAPITAL ONE
CJ Chemicals Honored at
12TH Annual Awards Ceremony in Charlotte, NC
Brighton, MI, May 13 2019 – The Women Presidents’ Organization (WPO) has announced the 12th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies™. Winners were announced during the WPO Annual Conference, held this year in Charlotte, NC. The companies featured on this year’s list span a wide variety of industries, including technology and finance, emerging sectors for women. Aggregate revenues of the 50 companies are $5.9 billion, representing a significant impact towards women-led companies’ contribution towards the global economy.
Catherine Lee, President, CJ Chemicals, based in (Brighton, Mi), has been ranked 38th among this year’s WPO 50 Fastest-Growing Women-Owned/Led Companies list. This is the second year in a row CJ Chemicals has ranked within the top 50 companies. Providing unmatched customer services is what CJ Chemicals strives to offer along with a broad chemical repository of more than 350 different chemicals with capabilities in warehousing, storing, shipping and importing along with exporting. CJ Chemicals strives to develop strong partnerships with their customers and provide the best service at a competitive price. CJ Chemicals’ motto is “Setting the industry standard for customer service.”
“At Capital One, we are passionate about supporting women business owners and leaders,” said Jenn Flynn, Head of Small Business Bank at Capital One. “The rise in women-owned businesses is an exciting trend to watch. These women are a real force, as reflected in the WPO 50 Fastest winners, and they are inspiring others to achieve great levels of success.”
“I am delighted that this year our rankings show that women entrepreneurs are branching out into every sector of business,” said WPO President and Founder Dr. Marsha Firestone. “We are also very encouraged that companies of all sizes, such as CJ Chemicals are represented. Some smaller but very successful companies demonstrated significant growth this year.”
All eligible companies were ranked according to a sales growth formula, combining percentage and absolute growth. To qualify for the ranking, businesses are required to be privately held, woman-owned/led companies and have reached annual revenues of at least $500,000 as of 2013 and every subsequent year. Applicants are not required to be WPO members.
Additional facts about the 2019 50 Fastest Growing Women-Owned/Led Businesses:
- The average age of women-owner/leader is 50, younger than the average age of 51 last year
- Aggregate revenue is $5.9 billion
- Average 2018 revenue was $117.1 million
- The average number of employees on the first day: 9; the projected average for 2019: 492
- Funding sources at company start:
- 78% with their own funds
- 22% with funds from friends and family
- 6% with a bank loan
- 6% with a line of credit
- 4% with a credit card
- 8% with private investors/angels
All 50 companies were honoured at a special event at the 2019 WPO Annual Conference at the Westin Charlotte on Thursday, May 2, 2019. Following the luncheon and awards ceremony, WPO hosted a “Guide to Growth” discussion featuring a selection of 50 Fastest winners sharing advice for established entrepreneurs working to increase businesses.
About Capital One
Capital One Financial Corporation is headquartered in McLean, Virginia. Its subsidiaries, Capital One, N.A. and Capital One Bank (USA), N. A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We apply the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. We recognize that helping to build strong and healthy communities – good places to work, good places to do business and good places to raise families – benefits us all and we are proud to support this and other community initiatives.
About The Women Presidents’ Organization
The WPO is the premier peer advisory organization connecting women who own multi-million-dollar companies. In monthly meetings across six continents, chapters of 20 women presidents from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, contact 212-688-4114 or visit www.womenpresidentsorg.com. Follow the WPO on Twitter @womenpresidents and Facebook @TheWPO.
The 2019 50 Fastest-Growing Women-Owned/Led Companies are:
|1||Enspire Energy, LLC||Mary Hensley and Julie Hashagen||Chesapeake, VA|
|2||TKT & Associates, Inc.||Tierra Kavanaugh Wayne||Louisville, KY|
|3||LYNC Logistics, LLC||Cynthia P. Lee||Chattanooga, TN|
|4||Lever1||Erica Brune||Kansas City, MO|
|5||SPERO||Jenelle S. Coy||Washington, DC|
|6||Stride Consulting||Debbie Madden||New York, NY|
|7||Xtreme Solutions Inc.||Phyllis W. Newhouse||Atlanta, GA|
|8||Within Interior Design, Inc.||Heather R. Robinson||Norfolk, VA|
|9||Quality Business Solutions, Inc.||Pamela S. Evette||Travelers Rest, SC|
|10||Merrimak Capital Company||Mary Kariotis||Novato, CA|
|11||Maximum Games, Inc.||Christina Seelye||Walnut Creek, CA|
|12||Pretzel Perfection, LLC dba Perfection Snacks||Amy Holyk||Doylestown, PA|
|13||Technology Group Solutions, LLC||Lenora Payne||Lenexa, KS|
|14||MJBizDaily||Cassandra Farrington||Lakewood, CO|
|15||KDM Engineering||Kimberly Moore||Chicago, IL|
|16||Enseo||Vanessa Ogle||Richardson, TX|
|17||LifeHealth, LLC||Margot Adam Langstaff and Elisa Hamill||Littleton, CO|
|18||Quantum Health||Kara Trott||Columbus, OH|
|19||Innovative Office Solutions LLC||Jennifer Smith||Burnsville, MN|
|20||twelveNYC||Katie Conovitz||Brooklyn, NY|
|21||GlobalCare Clinical Trials, LLC||Gail Adinamis||Bannockburn, IL|
|22||MYCA Material Handling Solutions, Inc.||Patti Massey||Cary, NC|
|23||KaTom Restaurant Supply, Inc.||Patricia Bible||Kodak, TN|
|24||Artech LLC||Ranjini Poddar||Morristown, NJ|
|25||AEC Group, Inc.||Cathy Mary||McKeesport, PA|
|26||Coranet Corp.||Margaret Marcucci||New York, NY|
|27||BrightStar Group Holdings, Inc.||Shelly A. Sun||Gurnee, IL|
|28||Atrium||Rebecca Cenni||New York NY|
|29||Swoon||Michelle Baker||Chicago, IL|
|30||CB Technolgies, Inc.||Kelly Ireland||Orange, CA|
|31||Erkunt Tractor Ind. Inc.||Zeynep Armagan||Ankara, Turkey|
|32||Ampcus Inc||Ann Ramakumaran||Chantilly, VA|
|33||CMT Services, Inc.||Annette Johnson||Hyattsville, MD|
|34||Blue Chip Talent||Nicole Pawczuk||Bloomfield Hills, MI|
|35||E2 Optics LLC||Kristi Alford-Haarberg||Englewood, CO|
|36||Strategic Security Corp||Christie Sordi||Commack, NY|
|37||Atlas Travel & Technology Group||Elaine Osgood||Marlborough, MA|
|38||CJ Chemicals||Catherine Lee||Brighton, MI|
|39||Data Systems Analysts, Inc.||Frances R. Pierce||Trevose, PA|
|40||Socialfix||Terry Tateossian||Clinton, NJ|
|41||Stones River Electric||Jami Hall||Madison, TN|
|42||Kaizen Technology Partners||Dao Jensen||San Francisco, CA|
|43||Xclusive Staffing||Diane Astley||Westminster, CO|
|44||Koya Leadership Partners||Katie Bouton||Newburyport, MA|
|45||Evolution Event Solutions, LLC||Falon Veit Scott||Nashville, TN|
|46||NuGate Group, LLC||Jamila Stanford||San Jose, CA|
|47||Airosmith Development||Margaret Smith||Saratoga Springs, NY|
|48||Shareablee, Inc.||Tania Yuki||New York, NY|
|49||Etica Group, Inc.||Jessica Nickloy||Indianapolis, IN|
|50||SpaceBound, Inc.||Patricia Miller||Cleveland, OH|