Companies on the 2021 Inc. 5000 Regionals: Midwest list employed more than 43,000 people.
Savage, MN, March 16, 2021 – Inc. magazine today revealed that Hydra-Flex, Inc. is No. 248 on its 2021 Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment—its independent small businesses.
“We are so proud of our whole team, especially through all the challenges we have overcome this past pandemic year,” states Carrie Berran, HR Manager and Executive Leader with Hydra-Flex. “It’s with great pride to say that we finished both 2019 and 2020 strong while always looking forward to the future with continued growth in our industries and fighting the war on waste.”
The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2017 and 2019, these 250 private companies had an average growth rate of 199 percent and, in 2019 alone, they employed more than 43,000 people and added more than $11 billion to the Midwest economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall.
Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/midwest starting March 16, 2021.
“This list proves the power of companies in Midwest states no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
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