Inc. magazine revealed that Tattersall Distilling of Minneapolis was once again named to its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent small businesses. With a growth rate of 69%, this marks Tattersall Distilling’s second consecutive year of receiving this acknowledgement. Notably, Tattersall is one of only three distilleries on the list, as well as the only distillery to be named on the list two years in a row.
“It’s truly an honor to be included in the Inc. 5000 again this year, especially during such a challenging time for our industry,” says Jon Kreidler, founder and chief officer of Tattersall Distilling. “While we’re still focused on growth for the years ahead, we’ve spent a good part of this year, like so many other distilleries across the country, supporting our local community through the production and distribution of hand sanitizer.”
Most recently, Tattersall released four new spirits including USDA Certified Organic Vodka, two bottled cocktails, Old Fashioned and Salty Dog, and a limited-edition collaboration Darkness Bierschnapps made with Surly Brewing Co. Prior to COVID-19, they opened The Clover Club, a private event space at the distillery and The Cocktail Room at 18th & Central, a tasting room outpost at the Minneapolis-Saint Paul International Airport.
Adapting to the pandemic, Tattersall produced over 100k gallons of hand sanitizer in collaboration with the All Hands MN initiative , resulting in sanitizer distributed to over 2,000 organizations across the state as well as funding over 1 million meals to local food bank, Second Harvest Heartland. Looking ahead, Tattersall will release a number of new spirits before the end of the year and will continue to expand into new markets across the country with a focus spreading to the coasts.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000/2020 .