Apex Named to Inc. 5000 List of America's Fastest-Growing Companies
SAN DIEGO, Aug. 26 /PRNewswire/ -- Today, Apex Contracting & Restoration, Inc. announced that it was named by Inc. Magazine as one of America's fastest-growing private companies on the annual Inc. 5000 list. The list represents a comprehensive look at America's independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Under Armour, Jamba Juice, American Apparel and Oracle gained early exposure as members of the Inc. 5000.
Award recipients were chosen based on revenue growth from 2005 to 2008. With a 3-year growth of 129.9 percent (as compared to an industry benchmark of 22.16 percent), San Diego-based Apex Contracting & Restoration, Inc. was ranked number 2,353 in the US overall, number 138 in construction and number 43 in the San Diego metro area.
"We are excited to be honored as one of the 5,000 fastest-growing privately owned companies in the United States," said Apex President Patrick Bodine. "Apex prides itself on its ability to offer a great value to our customers, and I believe our growth can be directly attributed to our ability to consistently exceed the expectations of our customers."
"Despite being faced with a downturn across the board in construction, Apex continues to grow," added CEO Eric Schweinfurter. "This accomplishment was truly a team effort, as Apex managed to replace all revenue previously generated from new construction work. I believe this shows how much customers appreciate our flexibility, responsiveness, and our willingness to provide a full range of construction services throughout California."
This year's Inc. 500 list, released in the September issue of Inc. magazine and on Inc.com, reported aggregate revenue of $18.4 billion split among the winners (up from last year's $13.7 billion, even in spite of the economic downturn). This year's winners have also been responsible for creating more than 55,000 jobs, exemplifying the positive impact that private, fast-growing companies can have on the U.S. economy.