Stolze Makes the Cut as a Top 50 Fastest-Growing Company
On October 12, 2020, the St. Louis Business Journal recognized Stolze Printing as one of St. Louis’ fastest-growing private companies.
Each year, the Journal tracks the growth of what they’ve come to call their “Fast 50” list. Companies that make the cut each had revenue of at least $1 million in 2017 and experienced a revenue increase between 2018 and 2019. Between all 50 companies, they drew a combined $5.9 billion in 2019 revenue and employ a combined 14,171 people, 8,015 of whom are based in the St. Louis region.
This year, the Journal unveiled the top 50 picks in groups of ten, which allowed them to take a more in-depth look at what drives the growth at these companies and what they are doing to continue their upward trajectory.
Stolze is #46
Stolze Printing Co., Inc. made the list at #46 with a 2017-2019 revenue growth of 51.9%. Co-founder Phil Stolze talked about how the company has benefited from the growing trend in direct mail during a 2019 interview with the Business Journal.
When asked why companies are interested in sending direct mail, Phil answered: “A lot of our business comes from internet retailers. The best way for them to attract a new customer — the cheapest way — is through direct mail. They’ve tried TV, they’ve tried all the different types of advertising, and still, the cost per customer is cheapest with direct mail.”
To meet the demand, Stolze invested in high-speed finishing equipment that can store, fold, glue, attach cards, and inkjet the address all on one line at high speed. They added two new 10-station high-speed inserters. “This equipment lets us handle six to seven million envelopes that we’re inserting and shipping out every month,” Phil said.
You can read more in an article published in the Journal on “Latest Printing Technology Gives Stolze Needed Edge,” where Phil Stolze talks about “even though a lot has changed since 1974, the recipe for success hasn’t.”
Rely on Stolze for your printing needs
Stolze Printing is always ready with an experienced team of printing and graphics experts to provide the highest quality for your commercial printing needs. Contact us today to discuss your project. Centrally located in St. Louis, Missouri, they serve clients across the country and Canada.