Small Business & Startups

West Michigan produces 19 of fastest-growing companies in US

August 21, 2015
| By Pat Evans |
TAGS Inc.
Print
Text Size:
A A
West Michigan produces 22 of 'fastest-growing private companies' in U.S.
The annual "Inc. 5000" ranks the fastest-growing private companies in the U.S., based on revenue growth over the last three years. Photo via fb.com

Nineteen West Michigan companies were named to the Inc. magazine 500|5000 list.

Inc. ranks the nation’s fastest-growing private companies each year, tracking growth from the previous three years.

Michigan had 110 companies ranked, including 63 in the Detroit area.

Last year, West Michigan — including the Grand Rapids, Holland-Grand Haven and Kalamazoo metro areas — had 22 companies make the list.

Grand Rapids-based Workbox Staffing was the area’s fastest growing company with a three-year growth rate of 493 percent.

The human resources company generated $40.5 million in revenue and added 58 jobs in 2014. It ranks No. 912 on the list.

Workbox was the 15th-ranked Michigan company and 16th-ranked human resources company.

Grand Rapids-based FormulaFolio Investments was the only other West Michigan company in the top 1,000 at No. 944.

The company, founded in 2010, grew 471 percent in three years, with $2 million in revenue last year.

All the companies from the region that appear in the ranking are below.

The full list can be found on Inc.’s website.

West Michigan companies ranked in the 2015 Inc. 500|5000
Rank Company Location Growth % Revenue Industry
912 Workbox Staffing Grand Rapids 493% $40.5M Human Resources
944 FormulaFolio Grand Rapids 471% $1.9M Financial Services
1558 IP Consulting Kentwood 262% $3.1M IT Services
1685 Firstronic Grand Rapids 241% $27.8M Manufacturing
2448 Pro-Vision Byron Center 153% $8.9M Manufacturing
2672 AmeriFirst Home Mortgage Kalamazoo 137% $56.2M Financial Services
2874 INITECH GLOBAL Grand Rapids 124% $6.3M IT Services
3037 Sun Title Agency Grand Rapids 115% $4.7M Real Estate
3098 Worksighted Holland 112% $6.9M IT Services
3255 Netech Caledonia 104% $314.8M IT Services
3719 Atomic Object Grand Rapids 83% $8.2M Software
3720 Custer Grand Rapids 83% $49M Business Products & Services
3941 ITS Partners Grand Rapids 75% $34.8M IT Services
3992 USA Financial Ada 73% $31.9M Financial Services
4171 EBW Electronics Holland 67% $33.4M Manufacturing
4429 ZZPerformance Wyoming 60% $5.9M Consumer Products & Services
4539 Open Systems Technologies Grand Rapids 57% $107.9M IT Services
4902 JBL Resources Grand Rapids 46% $8.6M Human Resources
4968 Regal Financial Group Kentwood 44% $17.3M Financial Services

Recent Articles by Pat Evans

Editor's Picks

Comments powered by Disqus