Livermore, CA (PRWEB) September 18, 2008
Top Grade Construction, Inc., a premier general engineering contractor, today announced it earned a position in the top ten on the East Bay Business Times' annual "50 Fastest Growing Private Companies" (FAST 50) list for 2008, marking the first time the company has been honored on this list. Top Grade ranked 9th out of 50 organizations from various industries, further demonstrating the company's growing market presence and leadership in the East Bay business community. The award presentation and dinner took place on Thursday, September 11th, at Golden Gate Fields in Berkeley.
"We are thrilled to be included in the "FAST 50" and extremely honored to be recognized by the East Bay Business Times, a leading authority on the dynamic business environment in the Greater Bay Area," said Brian Gates, COO at Top Grade. "Being named as part of this prestigious list demonstrates our continued success in providing unmatched service to our existing customers while continually expanding our portfolio of new clients throughout the marketplace."
To qualify for the award, companies must be privately held, headquartered in Alameda, Contra Costa or Solano counties, have been in business for at least three years, and have produced at least $200,000 in revenue since 2005. This year's award is based on the percentage of net revenue growth from fiscal year 2005 through fiscal year 2007.
At the awards presentation, East Bay Business Times Publisher Mike Consol noted that Top Grade Construction has the distinction of posting the biggest increase in revenue from 2006 to 2007 of any company on the list, increasing its sales by $65 million in a single year. "Most companies would be happy to have $65 million in revenue, let alone expand by that much in just 12 months. Top Grade's 142.5 percent growth rate from 2005 to 2007 was good enough to finish last year at $244 million in sales," stated Consol.
"Top Grade would not have been able to achieve this milestone without the complete and total dedication of each and every employee," said Gates. "We undoubtedly have the finest collection of construction professionals in the industry and they should all be very proud of this accomplishment."
The full list was published in the September 12th edition of the East Bay Business Times and will also be published in the East Bay Business Times 2009 "Book of Lists."
About Top Grade Construction
Top Grade Construction, Inc., http://www.topgradeconstruction.com, is a premier, California-based general engineering contractor with more than 500 employees servicing projects spanning from Riverside to Sacramento. Founded in 1990 and headquartered in Livermore, Calif., the company specializes in heavy highway and civil engineering construction services, including general site preparation, earth moving, excavation, grading and paving. Top Grade's clients include many of the major commercial builders, various developers as well as virtually all of the local city, county, state and federal contracting agencies. TGC has earned its stellar reputation within the construction industry through its commitment to providing superior customer service, competitive pricing, quality workmanship, state-of-the-art equipment and highly skilled, professional employees on every project.
Sr. Corporate Marketing Manager
TOP GRADE CONSTRUCTION, INC.