INC. NAMES GLOBAL WATER TECHNOLOGY TO ITS LIST OF THE FASTEST GROWING PRIVATE COMPANIES IN THE MIDWEST
FOR IMMEDIATE RELEASE
Companies on the Inc. Regionals: Midwest list had a median growth rate of 69 percent.
Calumet City, IL — Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today revealed that Global Water Technology, Inc. has been ranked No. 99 on its sixth annual Inc. Regionals: Midwest list – the most prestigious ranking of the fastest-growing privately held companies in the Midwest. The region includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
An extension of the national Inc. 5000 list, the Regionals list offers a data-driven look at the independent small businesses driving growth across the Midwest economy. Companies on this year’s list demonstrate exceptional revenue expansion, resilience, and job creation during a challenging economic period.
“This recognition is a reflection of the legacy we’ve been entrusted to carry forward and the people who bring it to life every day. Our growth has never been about chasing numbers, it’s been about building something durable. As a privately held and independent company, we’ve made a conscious decision to grow on our terms, reinvesting in our people, our capabilities, and the businesses we bring into the organization.
Our acquisition strategy is rooted in preservation and alignment. We look to partner with companies that have built strong reputations and relationships, and we focus on enhancing what already works, not replacing it. That mindset has allowed us to scale while maintaining consistency, accountability, and trust with our clients. We’re proud of the progress, but more importantly, we’re focused on continuing to build a business that lasts,” said Michael A. Byerley, Chairman and CEO of Global Water Technology.
Between 2022 and 2024, these 144 private companies had a median growth rate of 69 percent; by 2024, they’d also added 8,171 jobs and $5.2 billion to the region’s economy.
Complete results of the Inc. Regionals: Midwest, including company profiles and an interactive database sortable by industry and metro area, will be available beginning March 31 at: https://www.inc.com/regionals/midwest.
“The honorees on this year’s Inc. Regionals list achieved exceptional growth at a time when the odds were against them. Amid inflation, supply chain disruptions, and ongoing economic uncertainty, they didn’t just persevere – they innovated, adapted, and thrived. Their resilience made them standouts in their industries and true growth engines in their regions,” said Bonny Ghosh, editorial director at Inc.
For more information, please contact GWT at info@gwt-inc.com or 708-349-9991.
About Global Water Technology, Inc.:
Global Water Technology, Inc. provides comprehensive water treatment products, services, and solutions across industrial, commercial, and institutional markets. With a national footprint and a commitment to operational excellence, GWT partners with clients and industry peers to deliver reliable and sustainable water treatment outcomes.
For more information about GWT, please visit our About Us page.
More About Inc. and the Inc. Regionals:
Methodology
The Inc. Regionals lists are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2022. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2024 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.
#####
