Florida Companies to Watch: IQ Formulations

IQ Formulations makes high-quality health and nutritional supplements, and was named to the elite Inc. 5000 list in both 2014 and 2015. The company’s supplements are available through numerous well-known retailers including The Vitamin Shoppe and Europa Sports Products. The company’s goal is to maintain an uncompromising standard for quality ingredients, along with a testing process to ensure customers have access to the best product possible.

With a hands-on approach, company CEO Jay Cohen developed each of the company’s product formulations during the early days. He also built much of the machinery used for product manufacturing, including modifying several heavy industrial machines to package the company’s products. This one-of-a-kind, hand-developed machinery, paired with the proprietary and cutting-edge formulations of the products, has positioned IQ Formulations as one of the industry’s most innovative companies.

Recent business growth prompted a move into a $3.5 million, 40,000-square-foot facility during the past year to keep pace with increased demand and add to its product line. The expansion of its team is another testament to the company’s success: In ve years, IQ Formulations has grown from a business with only two employees to over 40 and is exploring distribution channels in 15 different countries and the niche market of supplements for athletes.

Company: IQ Formulations
CEO: Jay Cohen
Location: Tamarac, FL
Year Founded: 2010
Primary Business: Manufacturing
Employees: 42
Growth Last Year: 36 percent
Website: www.iqformulations.com