July 22, 2020
Top 40 Distributors 2020: No. 11 American Solutions for Business
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
American Solutions for Business (asi/120075)
With a 6% increase in sales, a 30% profit margin and an overall five-year growth rate of 54%, the employee-owned company – which has invigorated itself with an increased social media presence – attributes its growth to “upsell/cross-sell initiatives as well as adding new sales associates and groups over the year.” The company notes its continued investment in “tools, technology and strong partnerships with all stakeholders.”
Previous rank: 12
2019 Revenue: $202.0 C
Headquarters: Glenwood, MN
Year founded: 1981
Ownership: Private
Top officers: Larry & Justin Zavadil