KaTom Named 24th-Largest Distributor in America by Industry Magazine
KaTom Restaurant Supply climbed five spots on Foodservice Equipment & Supplies magazine’s annual list of restaurant equipment “Distribution Giants,” landing at No. 24 in the most recent edition of the slate.
That gain, shown in the nationally circulated industry magazine’s April issue, is one of the largest in the report and is good enough to rank KaTom as one of the 10 “Biggest Movers by Percent of Sales.” It’s a result built on 28.7 percent year-over-year growth and one that KaTom Founder, CEO, and President Patricia Bible is ecstatic about.
“We knew we had a great year, but it’s really exciting to see how we stack up against others in our industry and how quickly we’re climbing toward the top,” Bible says. “With our amazing team, I know we are going to keep moving up.”
Foodservice Equipment & Supplies is a trade publication serving those who produce, sell, and buy the items its name indicates. Using financial information typically provided by the dealers themselves, the magazine compiles the list of the 100 largest distributors, which they call the “Distribution Giants,” based on prior year sales.
This year’s report shows KaTom moving from No. 29 to 24 in the nation, with a jump from $42.11 million to $54.19 million in annual sales. The increase was fueled by a number of parts of the company, from its new Chef Supplies retail center at its Kodak headquarters to its sales force of 42 to a rise in sales from www.katom.com.
“This exponential growth has just been amazing and I want to thank our customers for their trust. We’re adding new services all the time to ensure we’re providing them the best experience possible and I believe they have rewarded us with their loyalty,” Bible says. “Of course, the credit for this exponential growth goes to our team. Each and every one of them made this possible with their hard work and dedication every day. They make me proud to lead this incredible organization.”
This is just the latest in a series of honors and recognitions of the growth of KaTom Restaurant Supply. The company recently netted a spot on the Inc. magazine “Honor Roll” for making that publication’s list of America’s fastest-growing companies five years running. Inc. similarly honored KaTom in its Hire Power Awards, which recognize the country’s top private job creators, and its Next Economy Heroes. The company was also recognized last year as Dealer of the Year by the National Association of Food Equipment Dealers.
The full list of the top 100 restaurant equipment dealers in America can be found on Foodservice Equipment & Supplies’ website at http://www.fesmag.com/editor-picks/11646-2014-distribution-giants.