Growth has its limits

Fortune magazine is out with its list of 100 fastest-growing companies, and guess which state has the biggest representation? Nope, not even close. Only 11 fastest-growers are based in California (and just five of those are locals). The winning state - hold onto your cowboy hats - is Texas, with 32 companies out of the top 100. Texas? Well, the Lone Star state grew at a whopping 4.2 percent rate in July, compared with a decent-but-unspectacular 1.9 percent in California. Energy companies are behind much of the Texas action. Here's the California contingent, with rank, name and location:

2) Hansen Natural (Corona)

4) Intuitive Surgical (Sunnyvale)

6) Apple (Cupertino)

13) Ceradyne (Costa Mesa)

33) CB Richard Ellis Group (El Segundo)

46) Netflix (Los Gatos)

61) ValueClick (Westlake Village)

70) Reliance Steel & Aluminum (Los Angeles)

72) Lam Research (Fremont)

91) Deckers Outdoor (Goleta)

100) Berry Petroleum (Bakersfield)

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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