Harlan Bakeries

October, 2001 - Harlan Bakeries, Inc., wins Indiana Growth 100 Award

Avon, Indiana - The Johnson Center for Entrepreneurship & Innovation, part of Indiana University's Kelley School of Business, recognized Indiana's leading high potential, high growth companies at its 8th Annual Growth 100 Dinner and Awards Banquet Thursday evening, October 25, 2001, at the Indiana Roof Ballroom in Indianapolis, Indiana.

Hugh P. Harlan and Doug H. Harlan of Harlan Bakeries, Inc., in Avon, Indiana, were among the winners. Harlan Bakeries, Inc., has received the Growth 100 Award for the 7th consecutive year.

Harlan Bakeries, Inc., was founded in 1991 and currently employs 325 persons from this community. Hugh and Doug Harlan state that they are proud to be recognized as an Indiana Growth 100 company. "Besides the personal satisfaction, it is a great honor to be recognized as a private company."

The Growth 100 award honors Indiana's rapid growth, high potential entrepreneurial companies with annual sales of at least $1 million. This year, 77 highly qualified privately owned companies were selected from 200 applications across the state. Growth 100 companies are identified through an analysis process that is based upon High Performance Organization research conducted by The Johnson Center. The screening process may include interviews with the company's CEO and key management team members and often includes a site visit.

"This year's 2001 Growth 100 awardees have an average annual sales of $9.9 million, with a growth rate averaging 60%," said Elizabeth J. Gatewood, Ph.D., The Johnson Center director. "These entrepreneurial companies have a strong impact on the state, not only economically but also through employment and community development.

We recognize these companies because they represent the entrepreneurial spirit of Indiana business. This award validates all the hard work they've put into their companies. It says to them, their employees and their customers that they are doing things right.

Indiana continues to be a viable business competitor on the national and global level. We are a major player in the industrial, service, retail, and technology areas."

Individuals who wish to nominate their own or another's company for consideration for next year's Growth 100 awards should contact The Johnson Center for Entrepreneurship & Innovation at (812) 855-4248. For more information regarding the Growth 100 program and The Johnson Center for Entrepreneurship & Innovation, visit The Johnson Center's web site at www.kelley.indiana.edu/jcei.



Contact: Doug H. Harlan, Executive Vice-President, (317) 272-3600 or at dharlan@harlanbakeries.com or Dr. Elizabeth Gatewood, Director, IU Johnson Center for Entrepreneurship & Innovation, (812) 855-4248.

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