An Evansville company’s focus on growth appears to be paying off on a national scale. eLuxurySupply.com remained in the top spot among Hoosier private businesses on the Inc. 5000 list for the second straight year, placing fourth in the U.S. The company announced plans in February to relocate manufacturing operations from Tennessee to Evansville, eventually bringing 100 jobs to southwest Indiana. During an interview earlier this year on Inside INdiana Business Television, Chief Executive Officer Paul Saunders said the company was looking to "mature into" other e-commerce areas.
"We started off in bed sheets, and we very quickly grew into all things bed and bath. Now we’re looking at different areas where we can continue to mature into home and garden, lifestyle accessories." Saunders added in March "historically, a large percentage of our business has been b-to-c, direct to the consumer, which e-commerce lets us do fairly quickly and efficiently. Lately, though, we got into some hospitality, b-to-b. We just got out first several purchase orders from the largest hotel chain in the world and so we’re really looking to help in those spaces as well."
The publication pegged eLuxurySupply.com’s three-year growth average at 23,620 percent. Inc. says the company’s annual revenue is $30.6 million, up from $18.2 million from the 2015 ranking.