PBN Fastest Growing Companies 2022
3. $25 MILLION to $75 MILLION: John Matouk & Co.
CEO (or equivalent): George Matouk Jr.
2021 revenue: $68.7 million
2019 revenue: $42.8 million
Revenue growth: 60.6%
FROM THE VERY BEGINNING of the COVID-19 pandemic, the 250-plus team at John Matouk & Co. has never slowed down.
Whether it was supporting others by producing much-needed masks or keeping up with the growing demand for its products from customers stuck at home, the Fall River-based fine linen and home accessories provider pressed forward.
“We did our best to meet the demand until the normal suppliers were able to come up to speed,” Chief Financial Officer John Rozo said.
With a rock-solid infrastructure and strong relationships with its suppliers, Matouk has ridden the wave of consumer interest in products for the home, experiencing more than 60% growth in revenue, from $42.8 million in 2019 to $68.7 million in 2021.
In the past two years, the company has invested heavily in equipment to increase production efficiency, including new multi-ply cutter and automated quilting machines.
