5,981% GROWTH IN THREE YEARS? CENTRAL VALLEY COMPANIES MAKE EXCLUSIVE LIST
Nine Central Valley companies scratched out a spot on the 2023 Inc. 5000 list of fastest-growing companies in the U.S.
National business magazine Inc. ranked participating private companies on three-year revenue growth — from 2019 to 2022 — for this year’s list. The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million.
To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit and independent — not subsidiaries or divisions of other companies — as of Dec. 31, 2022.
The annual list of 5,000 U.S. firms reflects companies with the greatest impact on the U.S. economy, according to Inc. They reported a combined $358 billion in 2022 revenue and created more than 1.1 million jobs.
“Overall, median revenue growth for the top 500 companies in 2022 ticked up to 2,238 percent from 2,144 percent the previous year,” according to Inc. “Those metrics add up to a lot of very determined entrepreneurs looking for solutions to the biggest problems facing us today.”
Fresno’s Empower Solar logged in at No. 78 on the list with three-year revenue growth of 5,981%. Under the leadership of Landon Wimmer, the company founded in 2019 is a residential and small business solar installation company.
The following local companies also made the Inc. 5000 list for 2023.
No. 535
Balanced Comfort
Fresno
1,094% growth
Construction/plumbing/HVAC
No. 1,571
EZ ELD Solutions
Fresno
363% growth
Logistics & transportation
No. 1,843
Sierra Pacific Group
Madera
304% growth
Business products and services
No. 3,072
Wellpointe
Fresno
169% growth
Health services
No. 3,078
EKC Enterprises
Fresno
168% growth
Business products and services
No. 3,434
Clark Bros.
Fresno
145% growth
Construction
No. 4,054
Anderson Real Estate Group
Visalia
113% growth
Real estate
No. 4,509
Lee’s Air, Plumbing, & Heating
Fresno
93% growth
Energy