Canyon State Electric Ranks No. 2437 on the 2021 Inc. 5000 List with 3-Year Revenue Growth of 220%
Inc. Magazine Reveals Annual List of America's Fastest Growing Private Companies - the Inc. 5000 - A Record 3-Year Revenue Growth puts Canyon State Electric of Phoenix, Arizona on the Spotlight.
NEW YORK, Aug. 17, 2021 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Canyon State Electric, Phoenix, Arizona ranked No. 2437 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
About Canyon State Electric
Canyon State Electric (CSE) is a family-owned business headquartered in Phoenix that has served Arizona and the Southwest Region as the premier electrical contractor since 1978. The company works closely with clients to design and optimize cost-effective electrical solutions in pre-construction and delivers high-quality results during the construction phase. CSE's highly skilled teams install state-of-the-art technology and provide superior electrical services, including upgrades and maintenance. CSE is a licensed distributor of Honeywell's Notifier Alarm systems.
"New ideas, benchmarking performance, and identifying opportunities is what got us here. We are incredibly proud and honored to reach this milestone with our talented employees and loyal clients" Stephanie Hughes, CEO
CONTACT: Stephanie Hughes, CEO, [email protected]
ph 602.437.3088
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Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year's list also proved especially resilient and flexible given 2020's unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
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 http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20th.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000. 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.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. For more information, visit http://www.inc.com.
Media Contact
Andrea Bornholdt, Canyon State Electric, +1 (480) 490-1891, [email protected]
Stephanie Hughes, Canyon State Electric, 6024373088, [email protected]
SOURCE Canyon State Electric
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