Daily News
From Home Furnishing Business
Surya Makes Georgia Fast 40 List
May 20,
2015 by in Carpets / Rugs, Product
Rug and accent home furnishings supplier Surya has been named to the 2015 Georgia Fast 40 by ACG Atlanta, the Atlanta Chapter of The Association for Corporate Growth (ACG).
ACG is a global professional organization focused on middle-market growth, mergers and acquisitions, and private investment.
Each year, ACG Atlanta recognizes the top 40 fastest growing middle-market companies in Georgia. To be eligible for the award, companies must be for profit and headquartered in Georgia; have recent year-end revenues ranging from $15 million to $500 million; and demonstrate three years of verifiable revenue and employment growth.
Surya’s expansion into multiple home accessory categories paired with significant investment in marketing and technology tools, more than $100 million in inventory and one of the fastest fulfillment rates in the industry, have been instrumental in the company’s year-over-year double digit revenue growth. Surya also continues to attract strong talent to its ranks, adding 100 jobs from 2012 to 2014, doubling its employee head count.
To take advantage of manufacturing efficiencies and provide its customers with shorter lead times, Surya has set a goal of producing 25 percent of its products domestically by 2016. In support of this goal, the company recently introduced a made-to-order rug program based out of its Calhoun, Ga., location that offers shipment of rugs in any size and shape within three weeks, and a U.S.-based made-to-order art program that provides more than 800,000 possible artwork configurations.
“Finding ways to solve our retailer and designer customers’ business challenges has always been our top priority and what drives us to excellence,” said Satya Tiwari, president of Surya. “Every day, the Surya team works with one goal in mind: to bring to market innovative new products and solutions that will help our customers effectively compete in the market and build the most successful home accessories business possible. It’s simple, but it works. I would like to thank ACG Atlanta for this important recognition and our customers for their continued support and loyalty.”
The Georgia Fast 40 award is one of several recent honors that Surya has received. Earlier this year, the company was named to the Inc. 5000 list of the nation's fastest growing privately-held companies for the fourth consecutive year, and Satya Tiwari has been selected as a Southeast region finalist for the EY Entrepreneur Of The Year Award for the second year running.
This year, Surya will open a one-million-square-foot corporate headquarters and distribution center in Cartersville, Ga.. In addition to the company’s more than 300 employees, providing a new home for its 300+ employees and bringing an estimated 200 new jobs to the region.
The full list of ACG Georgia Fast 40 honorees is available online.