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Inner City 100
100 fastest growing inner city businesses

81. Ash Stevens
81. Ash Stevens
2009 Revenues: $20.5 million
5-year Annual Growth Rate: 18%

CEO: Stephen Munk
Location: Detroit, MI
Year Founded: 1962

About the business:
Pharmaceutical manufacturing


The Initiative for a Competitive Inner City (ICIC) defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. For the 2011 list, ICIC received more than 2,000 solicited nominations using its database of small businesses and through the support of its nominating partners, including the U.S. Conference of Mayors, Staples, and the Small Business Administration. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2005 and 2009 (the last year for which complete data was available).
Last updated May 18 2011: 5:14 PM ET
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