No. 1,172 Letterfolders.com
Northvale, NJ
Year 2007
Industry Retail
Founded 2002
Growth 305.9%
2003 Revenue $1.7 million
2006 Revenue $6.9 million
Employees 12
Website www.letterfolders.com
Ranked No. 63 in the Top Companies in Retail
Ranked No. 93 in the Top Companies in New York-Northern New Jersey-Long Island, NY-NJ-PA
What it does: Online retailer of new and refurbished paper-folding machines, shredders, printers, and other office machines.
Why it’s growing: The company’s membership in one of the country’s largest niche-buying consortia keeps costs low.
What’s noteworthy: Letterfolders.com stocks 95 percent of its products in a New Jersey warehouse because of founder Chris Corday’s frustration with the trend toward drop-shipping, which he believes costs customers and businesses time and money.
No. 2,376 Letterfolders.com Northvale, NJ
 |
Year | 2008 |
| Industry | Retail | |
| Founded | 2002 | |
| Growth | 155.0% | |
| 2004 Revenue | $3.4 million | |
| 2007 Revenue | $8.8 million | |
| Employees | 10 | |
| Website | www.letterfolders.com |
Sells office machinery such as letter folders, shredders, copiers and paper cutters.
Since they buy in bulk directly from their suppliers they can offer products at lower prices with same-day shipping.
CEO and founder Christopher Corday discovered the potentially hot market for office machinery when he closed his failing telemarketing firm and sold the office equipment on eBay in no time.
- Ranked No. 96 in the Top 100 Retail Companies
