Majors

The Kingswood Co. Is One of U.S.’s Fastest-Growing Companies Again

MajorsNov 28, 2022

The Kingswood Co. Is One of U.S.’s Fastest-Growing Companies Again

The jewelry cleaner manufacturer jumped up to No. 3066 on the Inc. 5000 list.

Jewelry cleaner manufacturer The Kingswood Company is on Inc. magazine’s list of the 5000 fastest-growing private companies in the U.S. for the third year in a row. The company attributes its revenue growth in part to a move to a larger manufacturing and office space in 2021.
Columbus, Ohio—For the third consecutive year, jewelry cleaner company The Kingswood Company has made Inc. magazine’s list of the nation’s fastest-growing private companies.

The Inc. 5000 list ranks the fastest-growing privately held companies in the United States by overall revenue growth over a three-year period.

Kingswood jumped from No. 3657 in 2021 to No. 3066 this year, a placement change that resulted from its three-year revenue growth of 176 percent.

Kingswood said it’s the 20th fastest-growing company in Columbus, Ohio and the 70th fastest-growing company in the state.

Providing the foundation for this growth was its move to a larger manufacturing and office space in 2021, it said, allowing it to expand its production capacity, hold more inventory, and weather supply chain challenges to meet customer needs.

Kingswood also has continued to expand its product offerings. Its Clean + Care line, launched in 2020, is one of its fastest-growing product lines, and Kingswood has also launched new products like custom-sized polishing cloths, co-branded and semi-customizable wipe sample cards, and additional packaging options.

“We are thrilled to be included on this list of the most successful independent businesses in the country,” said President and CEO Kristie Nicolosi. “Our ability to grow at such a pace demonstrates our resilience in the midst of supply chain difficulties, labor shortages, and the ongoing impact of COVID-19.”

To see the full list of Inc. 5000 honorees, visit the Inc. website

 Related stories will be right here … 
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

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