2 Havre de Grace Companies Make Fastest-Growing List Of 2020

HAVRE DE GRACE, MD — Inc. this week announced its 2020 list of fastest-growing privately-held companies in the United States. The annual list offers a look into 5,000 of the most successful small businesses led by some of the country’s most inspiring entrepreneurs.

Two Havre de Grace-based companies were recognized on this year’s Inc. 5000.

Well-known honorees on previous Inc. 5000 lists include Intuit, Zappos, Under Armour, Microsoft and Patagonia.

Companies on this year’s list achieved average growth of 500 percent over three years. Combined, companies earned about $209 billion in revenue in 2019, accounting for more than 1 million jobs over the past three years.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” Inc. editor-in-chief Scott Omelianuk said in a news release. “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.”

Here are the companies on this year’s list headquartered in Havre de Grace:

Ad Hoc Research LLC

• 203 Market Street, Havre de Grace
• Industry: Government services
• Three-year growth: 2,884 percent
• Ranking: 128

Pendant Automation

• 516 Young Street, Havre de Grace
• Industry: Engineering
• Three-year growth: 103 percent
• Ranking: 3,574

See the full 2020 Inc. 5000 list. The top 500 companies will also be featured in the September issue of Inc., available on newsstands Aug. 18.

The annual Inc. 5000 event honoring the companies on the list will be held virtually Oct. 23-27.

— By Megan VerHelst and Elizabeth Janney

See Also:

• HdG Business Named Among Fastest Growing In 2019
• Havre de Grace Company Makes Inc. 5000 List For 2018