GWT Places on Inc. Magazine’s 2020 List of America’s Fastest-Growing Companies
For the 3rd Time, Global Water Technology, Inc. Appeared on the Inc. 5000, Ranking No. 2266 With Three-Year Revenue Growth of 184.76 Percent!
NEW YORK, August 12, 2020 – Inc. magazine today revealed that Global Water Technology, Inc. (GWT) is No. 2266 on its annual Inc. 5000 list, 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Making the list for the 3rd time is truly an amazing accomplishment by our team. As our company continues to grow, achieving such high growth rates will become much more difficult, making the individual efforts of each member of our team all the more important,” says Michael Byerley, President & CEO of GWT. “Luckily, our culture of inclusion, transparency, and collaboration continues to strengthen, giving us the foundation to continue achieving incredible milestones for years to come.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million 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. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 18.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
More about GWT
Global Water Technology, Inc. (GWT) was founded in 1990 to meet a growing demand in the industry for personalized, affordable, and reliable water treatment services. The primary goal was to establish an honest and reputable company that management teams would be proud to partner with. As a result, GWT built a strong reputation in the commercial, residential, industrial, hotel, and healthcare markets throughout the Midwestern United States.
GWT’s reputation for superior service and creating cost effective, resource saving, and equipment preserving strategies has allowed for continued growth and expansion throughout the United States and across a wide variety of industries.
Today, Global Water Technology, Inc. is one of the industry’s leaders in water and wastewater treatment. For more detailed information about GWT, please visit our About Us page.
For more information please visit www.gwt-inc.com.
CONTACT:
Renae Schaver, Business Manager
E-Mail: rschaver@gwt-inc.com
Phone: 708-349-9991
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. 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 the Inc. 5000 Conference, visit http://conference.inc.com/.
