Inc. Magazine Reveals Annual List of
America’s Fastest-Growing Private Companies—the Inc. 5000
Perrysburg, OH – Grace Imaging, LLC has recently been announced as one of America’s Fastest-Growing Private Companies by Inc. Magazine. The Inc. 5000 list represents the most prestigious ranking of the nation’s fastest-growing private companies with a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
Started by Robert Petrie in December of 2012 and located in Perrysburg, OH, Grace Imaging has grown exponentially, often doubling business year-over-year. With a focus on producing high-end products and promotional labels, Grace Imaging holds a unique niche in the marketplace.
Best known for printing award-winning Hot Stamp Foil Labels, the Grace team of employees pride themselves on producing the most dynamic labels available. “Using a combination of printing techniques, we are able to provide our customers with stunning full-color digital labels with embellishments that make their products stand out from their competition,” commented Petrie.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
More about Inc. and the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. 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 here.