PBN Fastest Growing Companies 2022
3. $75 MILLION AND ABOVE: Blount Fine Foods Corp.
CEO (or equivalent): Todd Blount, CEO and president
2021 revenue: $530.9 million
2019 revenue: $432.4 million
Revenue growth: 22.8%
EVEN AFTER 142 YEARS in business, Blount Fine Foods Corp. continues to grow, increasing annual revenue by 22.8% last year compared with 2019.
CEO and President Todd Blount attributes most of Blount’s recent growth to the way it was positioned at the start of the COVID-19 pandemic.
The Fall River-based company, which produces more than 900 products, including prepared soups and macaroni and cheese, for retail stores, restaurants and institutions throughout the country, filled consumers’ desire for high-quality prepared foods at a time when many restaurants were temporarily closed or operating at a reduced capacity.
“Probably the core element [to our growth] was having products available for the deli department at retail,” Blount said. “Many shelves were empty at the time. But we were fortunate enough to have a bunch of our items that were ready to go. That gave us the ability to grow quickly because we were basically filling a vacuum.”
