West Michigan produces 19 of fastest-growing companies in US
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.
|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|
|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|
|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|
|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|