A Year After Debuting on Inc.'s List of Fastest-Growing
Mid-Atlantic Companies, Murphy's
Naturals Earns a Spot on the National Inc. 5000 in 2024.
RALEIGH, N.C., Aug. 13, 2024 /PRNewswire-PRWeb/ -- Inc. revealed
today that Murphy's Naturals
(murphysnaturals.com) ranks No. 3,875 on the 2024 Inc. 5000, its
annual list of the fastest-growing private companies in
America.
"Murphy's
Naturals is an authentic natural products company that manufactures
effective products for outdoor living," said Philip Freeman, Founder and CEO of Murphy's Naturals.
The prestigious ranking provides a data-driven look at the most
successful companies within the economy's most dynamic segment —
its independent, entrepreneurial businesses. Microsoft, Meta,
Chobani, Under Armour, Timberland, Oracle, Patagonia, and many
other household-name brands gained their first national exposure as
honorees on the Inc. 5000.
"Murphy's Naturals is an
authentic natural products company that manufactures effective
products for outdoor living. Consumers are increasingly wary of
mosquitoes' threat to human health and desire a plant-based
alternative to chemical repellents. Murphy's Naturals meets this consumer need
through our repellent products," said Philip Freeman, Founder and CEO of Murphy's Naturals.
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. In all, this year's Inc. 5000 companies have added
874,458 jobs to the economy over the past three years.
"One of the greatest joys of my job is going through the Inc.
5000 list," said Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
Added Freeman: "As a company, we were deliberate about how we
grew and our investment in team and infrastructure. We
intentionally grew slower in our early years to ensure we were in a
healthy position for future growth. We built our capabilities ahead
of the opportunities, so we were ready to execute when the
significant opportunities presented themselves. We are barely
scratching the surface of our market potential and are deploying
less than 20% of our current manufacturing capacity. Even more
significant is our innovation roadmap, where we will introduce
several disruptive products over the next five years. Murphy's Naturals has tremendous growth
opportunities in the United
States, and international opportunities are knocking at our
door."
About Murphy's Naturals
Murphy's Naturals is a
veteran-founded outdoor lifestyle company with a specialized line
of natural products. Best known for its celebrated mosquito
repellents, Murphy's Naturals has
been enabling others to enjoy life outdoors since 2014.
Murphy's Naturals' products are
made from responsibly sourced, plant-based ingredients and contain
a high concentration of natural repellent oils, making them
effective and long-lasting. As a Certified B Corporation,
Murphy's Naturals is committed to
environmental and social impact. Two percent of all revenue is
donated to organizations that share Murphy's vision, one percent of which goes
specifically to 1% For The Planet, an international organization
helping businesses commit to creating a healthy planet.
Murphy's Naturals can be found
online as well as retailers across the nation. For more
information, visit murphysnaturals.com.
Media Contact
Kennedy Norton, Murphy's Naturals, 1 8435662994,
kennedy@butinpr.com, murphysnaturals.com
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SOURCE Murphy's Naturals