Inc. magazine today ranked MKD Electric #4690 on its 2017 Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses. This is the third time that MKD appears on the list (and the second year in a row), with a three-year sales growth of 49%.
“As you know, every year Inc. recognizes the fastest-growing private companies in America. This year, the winners have, once again, placed the bar very high. Companies that made the list, on average, have grown sixfold since 2013. Over a stretch when the economy grew just 6.7%, that’s a result most businesses could only dream of.
“But you’ve lived that dream before. This is your 3rd time on the Inc. 5000, which is a truly extraordinary accomplishment. Needless to say, making the list gets harder every year as your starting base grows. One of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. A mere one in five have made the list three times.
“Congratulations to you and your team. You should be proud of all MKD Electric has achieved to date,” said Eric Schurenberg, President and Editor in Chief, Inc. Media.
One of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. -Eric Schurenberg, President and Editor in Chief, Inc. Media.
MORE ABOUT INC. AND THE INC. 500|5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.