Woodstock, Illinois-based manufacturer ranks no. 1056 on the coveted Inc. magazine list of America's fastest-growing private companies.
NEW YORK, August 15, 2018 – Inc. magazine has named MATRIX 4 No. 1056 on its 37th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This year’s ranking represents a significant leap from MATRIX 4’s debut on the list last year at spot No. 4084, a result of outstanding three-year revenue growth. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
"We are thrilled to be highlighted on this list for the second year in a row, and just shy of the top 1,000. This growth has resulted from a tremendous amount of hustle and heart from our team since our restart four years ago. We are honored to represent U.S. manufacturing on this level, and remain focused on the potential to transform this industry in new and exciting ways by sticking to our mission of making meaningful things that matter."
Not only have the companies on the 2018 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 15) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
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.
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ABOUT MATRIX 4
MATRIX 4 is a customer-centric design and manufacturing house. We take a back of the napkin to out the door approach across design, engineering, tooling and manufacturing. Though MATRIX 4 started in 1976, we operate with a start-up mentality, combining the collective genius of our design, process, and plastics manufacturing experts with the insights of our customers, partners, and emerging industry leaders. Our passion is designing and building new kinds of products and reinventing existing ones.
ABOUT THE METHODOLOGY
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 http://www.inc.com/inc5000.