Friday, June 16, 2023

Centro Inc. was named a finalist at the Memphis Business Journal's Small Business Awards last month. This annual event has been celebrating small business success stories for four decades, making it the longest-running and most vetted experience in the area. This recognition is a testament not only to the hard work and dedication of Centro Inc., but also serves as an inspiration for small businesses everywhere who strive for success amidst challenging times.

Celebrating Success: Centro Recognized as Finalist at Memphis Business Journal's Small Business Awards 

Centro Inc. was honored as a distributor and sales representative for industrial products used in manufacturing, which has achieved remarkable success through its five-year growth strategy.

President Michael Gallagher explains, “Coming out of COVID, we decided to do the things that a strategic buyer or private equity firm would do to Centro, but instead of relying on a new outside owner, we would fund these changes ourselves.”

This commitment to sustainable growth has earned them recognition among their peers across various categories, including Emerging Entrepreneurs, Small Companies, Large Companies, and Executive of the Year.

The selection process for this prestigious award is rigorous; an accounting partner audits financials while independent panels of judges conduct leadership interviews and site visits. Those becoming finalists have genuinely been under the microscope, making this recognition all the more meaningful for Centro Inc. and its team members. 

Centro Inc.’s mission for excellence is reflected in every aspect of its operations, from customer service to product quality and beyond –its commitment to innovation has enabled them to remain competitive in an ever-changing market landscape. Centro continues to pursue excellence confidently; the Centro team is poised to exceed expectations with every endeavor they undertake. 

Congratulations to the team at Centro and the other finalists recognized at this year’s Small Business Awards. Featured below is a photograph from the awards ceremony; Mike Gallagher, President of Centro, being presented the Fastest Growing Company award by Joanna Crangle and Erin Moore of the Memphis Business Journal.