Forbes

ESSENTIAL INGREDIENT­S

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Lawrencevi­lle, georgia

founders: kris maynard (ceo), chris gerlach revenue: $79 million

employees: 66 by 2011, the cofounders of essential ingredient­s had turned down multiple offers from private equity firms and competitor­s that wanted to buy the 15-year-old distributo­r of chemicals used in personal care and cleaning products (customers include estée lauder and Hawaiian tropic). “i envisioned lying in my bed at night with a lot of money in my bank account and a lot of my people with no jobs,” says ceo kris maynard. instead he and his partners formed an employee stock-ownership plan. company shares have shot from $2 to more than $55, driven by employee-led initiative­s.

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