Dewmar International BMC announced that the company had been ranked 17 in Louisiana State University's 3rd annual Top 100 Tiger Businesses. The award, given by LSU's Stephenson Entrepreneurship Institute (SEI), is awarded to the fastest growing companies that are owned by LSU alumni. Dewmar was chosen in its first year of application to the program.
Dewmar is focused on developing and marketing food and beverage products intended to maintain a high profit margin. The company's flagship product, Lean Slow Motion Potion in three flavors (including Yella, Purp, and Easta Pink), are the 2nd bestselling relaxation drink out of more than thirty similar products on the U.S. market. Dewmar has offices in Clinton MS, Las Vegas NV, and Houston TX.
Dewmar was ranked with other companies internationally based on compounded annual growth rate from 2009 through 2011. The company's president, Marco Moran, notes that this growth is attributable to "being very attentive to consumer demand, perseverance in the face of adversity from buyers who failed to initially understand the driving force behind the popularity of our brands and engaging in sheer hard work to grow every aspect of the business thru diverse revenue streams."
"Our goal continues to be able to provide top quality new age functional products to consumers and offer high profit margins for all of our wholesale and retail partners," said Moran. "Being named to the LSU 100, especially achieving higher rankings than many other well established larger companies, confirms that we are meeting ongoing market needs with offerings that truly make a difference for our shareholders."
Lisa O'Beirne, director of development for SEI, added, "Dewar International BMC, Inc. is a successful Tiger-led business that we are proud to recognize in the 2013 LSU 100. We look forward to their continued growth and involvement with entrepreneurship programs at LSU in years to come."
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