Electrical Commissioning for Data Centers, Healthcare Facilities and Nuclear Power Plants Propels Company to Nation’s “Fastest Growing" Status for 6th Straight Year
Owings, MD, September 27, 2012 – ComRent, the leading global provider of load bank rentals and service, has been recognized for a sixth straight year on the Inc. 500|5000 list, as one of America’s fastest growing companies. The Inc. 500|5000 is published annually by Inc. magazine and ranks companies by revenue growth over a 4 year period. With demonstrated sales growth of 22 percent during the past 4 years, ComRent continues to strengthen and validate its reputation as the premier provider of load bank rentals and services used for testing mission-critical power generation and cooling systems. In addition, ComRent also ranked no. 94 on Inc.’s Top Energy Companies in North America list.
The list represents the most comprehensive look at the engine of America’s economy- small businesses and entrepreneurs. This year, ComRent joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
In a challenging economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. Clayton Taylor, Founder and CEO of ComRent, underscores his company’s recipe for success within difficult economic conditions.
"The past years have indeed presented a challenging environment for any business to produce positive growth momentum," Taylor said. "However, our business strategy to help mission-critical facilities test and commission their electrical and thermal equipment at the highest levels has proven to be recession proof. We are proud of our work and also to be included within the Inc. 500|5000 list of fastest growing companies."
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 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/500.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
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/5000.
Learn more about ComRent’s load bank rentals and service: http://www.comrent.com/Solutions/load-bank-rentals.html
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
About ComRent International
Since 1997, ComRent International has been providing Industrial Electrical professionals and facility engineers with reliable, electrical and thermal load banks, transformers, cables and switch-gear to commission and test mission-critical electrical and mechanical systems in high-performance structures such as data centers, healthcare facilities, nuclear power plants, municipal wastewater treatment plants and commercial cruise ships. ComRent offers North America’s largest inventory of load banks, transformers, switchgear and cables. Its load bank rental solutions and value-added consulting services help construction managers and facility engineers validate designs, installations, total system performance and even LEED compliance. With 20 global distribution centers strategically located across the U.S., Canada, Brazil and Saudi Arabia, ComRent makes it possible to quickly and cost-effectively identify potential power and performance issues in these environments—where uptime is paramount to continued operation. For more information, please visit www.ComRent.com.