For the Second Time, Vermont-based BlackRock Construction Appears on the Inc. 5000, With Three-Year Revenue Growth of 266% Percent
BURLINGTON, VERMONT, August 15, 2018 – Inc. magazine today revealed that BlackRock Construction is No. 2,559 on its 37th annual Inc. 5000, 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. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
In 2017, BlackRock Construction was ranked #42 on Inc. 5000 – #1 in Vermont and #1 in Construction throughout the US with three-year sales growth of 6,611.25%. Making the list gets harder every year as a company’s base grows. Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. A mere one in three have made the list two times.
“We are thrilled to have our continued growth at BlackRock Construction recognized again this year through the Inc. 5000,” said Tom Hergenrother, co-owner of BlackRock Construction. “It’s an exciting day for our company. We look forward to continuing to develop communities and transform lives in Vermont and beyond.”
Not only have the companies on the 2018 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 15) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 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 www.inc.com/inc5000.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The annual Inc. 5000 event honoring the companies on the list will be held October 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort, in San Antonio, Texas. As always, speakers include some of the greatest innovators and business leaders of our generation.
Hallie Warner | Chief of Staff, Adam Hergenrother Companies
Hallie@AdamHergenrother.com | 802.488.3430
About BlackRock Construction:
BlackRock Construction’s mission is to create spaces that inspire the way people live, work, and play. BlackRock Construction is an assemblage of award-winning construction and development professionals headquartered in South Burlington, Vermont, offering industry leading innovation and excellence with each project. With over 40 years of combined experience, their management team gets the job done, while providing exceptional value and extreme attention to detail. They offer construction management, general contracting, planning/permitting, property management and design/build services for projects of all sizes. In today’s market, the demand for value, quality and integrity runs high and those are core BlackRock Construction beliefs!
To learn more about BlackRock construction, visit BlackRockUS.com.
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 http://www.inc.com/inc5000.
About Inc. Media
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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
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