Economic Development

More West Michigan firms make Inc. growth list

September 3, 2014
| By Pat Evans |
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Twenty-four West Michigan companies were named to Inc. Magazine's list of the 5000 fastest growing private companies. Photo via fb.com

West Michigan saw 24 companies named to Inc. magazine’s 500|5000 list this year.

Inc.’s annual list ranks the nation’s fastest-growing private companies during the past three years, in this case from 2010-2013.

Michigan had 130 companies land on the list, including 80 in the Detroit area.

Last year the Inc. list included 22companies from West Michigan.

Newmind Group was the West Michigan region’s fastest growing company over the last three years, seeing a 2,065 percent increase from 2010 to 2013, bringing in $15.5 million in 2013. The Kalamazoo technology company founded in 2003 employs 16 people and has added 11 jobs since 2011.

The fastest growing Grand Rapids company was TG Manufacturing, which grew from $2 million in 2011 to more than $9 million in 2013. PrepNet was close behind, growing 331 percent over the three years, from $2.6 million to $11 million. PrepNet was ranked No. 496 on last year’s Inc. 5000 list.

The full Inc. 5000 list is available on the publication’s website.

Below are the West Michigan companies that recorded the largest percentage of growth over the past three years:

:

Rank

Name City Growth 2013 Revenue
216 Newmind Group Kalamazoo 2,065% $15.5 million
367 TG Manufacturing Grand Rapids 367% $9.2 million
1305 PrepNet Grand Rapids 331% $11.1 million
1878 Legal Copy Services Grand Rapids 219% $8.1 million
1933 Sun Title Agency Grand Rapids 123% $4.1 million
2159 Maestro Kalamazoo 184% $3.8 million
2192 AmeriFirst Home Mortgage Portage 181% $46.5 million
2338 EBW Electronics Holland 166% $27.2 million
2391 Double O Supply & Craftsman Bryon Center 161% $5.1 million
3252 Worksighted Holland 106% $4.9 million
3273 BlueGranite Portage 105% $4.9 million
3287 FisherUnitech Grand Rapids 104% $43.7 million
3378 Pro-Vision Byron Center 99% $5.8 million
3476 ITS Partners Grand Rapids 95% $26.2 million
3553 Initech Global Grand Rapids 92% $5.3 million
3604 Atomic Object Grand Rapids 90% $7.2 million
3689 JBL Resources Grand Rapids 87% $10.3 million
3911 Regal Financial Group Grand Rapids 78% $13.4 million
3942 Mindscape at Hanon McKendry Grand Rapids 77% $2.4 million
3948 Open Systems Technologies Grand Rapids 77% $97 million
4127 ProCPR Grand Rapids 70% $3.6 million
4202 Praxis Grand Rapids 68% $27.1 million
4486 The Service Professor Grand Rapids 58% $3.2 million
4756 USA Financial Grand Rapids 50% $24.9 million

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