Several companies in the boating industry were recently named to the Inc. Magazine's list of the fastest-growing private companies in America.
Among the marine industry companies making this year's list were:
- Fortress Marine Construction (#361) - the builder of docks, seawalls and boat lifts made the list for the first time
- Marine Connection (#2155) - the Florida-based Boating Industry Top 100 boat dealer is on the list for third time
- SailTime (#2259) - the boat sharing business is on the list for the first time
- iMarine USA (#3169) - the online electronics and boating supplies retailer made the list for the fourth year in a row
- Freedom Boat Club (#3371) - the nation's largest boat club returns to the list after a previous appearance in 2011
- ANOVA Marine Insurance (#4515) - the logistics and transportation insurance broker is making its first appearance on the list
The average company on the 2016 Inc. 5000 list achieved a three-year growth of 433 percent. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8 percent of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 list stands out where it really counts," says Eric Schurenberg, president and editor-in-chief at Inc. "No one makes the Inc. 5000 without building something great – usually from scratch. That's one of the hardest things to do in business, as every company founder knows."
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 www.inc.com/inc5000.
Selected companies will be honored at the Inc. 5000 Conference & Awards Ceremony, Oct. 18–20, 2016 in San Antonio, Texas.