“These Michigan companies, from a wide range of industries, have all earned their place on this list through innovation and aggressive performance,” said Gov. Rick Snyder. “They exemplify the resilience and entrepreneurial spirit Michigan is known for, and we applaud them for this notable achievement.”
The 500|5000 list released by Inc. Magazine each year ranks the nation’s fastest growing private companies, and represents the most comprehensive look at America’s independent entrepreneurs.
“Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” said Inc. Editor Eric Schurenberg.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million.
Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.
To view the full list of Michigan companies on the Inc. 500|5000, visit here