American Solutions for Business Achieves Record Growth
American Solutions for Business (ASB), a top 50 distributor, announced record growth of more than 15 percent for its fiscal year ending June 30, 2016. In the past four years, the company has seen a compound annual growth rate in excess of 10 percent during this period.
During fiscal year 2015 to 2016, ASB experienced growth in all areas, with promotional products and printing leading the way. “We’ve continued our investment in key vertical markets which also has added to the growth we’ve seen in the past year,” said Justin Zavadil, executive vice president of ASB. “That investment serves to diversify our markets and bring new business our way.”
Another key factor contributing to ASB’s growth has been the retention of sales associates, coupled with an overall increase in the size of the sales force by approximately 11 percent. To support the expansion of the sales force, ASB also has added to its support staff.
ASB is an industry-leading distributor of promotional products, print and document solutions, office supplies, e-commerce and marketing solutions. Based in Glenwood, Minn., the company employs a staff of nearly 300 employees who support the back-office functions for a nationwide sales force. The company serves more than 80,000 clients across North America, and represents a broad range of industries. Founded in 1981, the company became employee-owned in 2000 to preserve its culture and its customer-driven vision for the future.