Business & Tech
5 Mooresville Companies Make Inc's 2020’s Fastest-Growing List
The annual list released by Inc. ranks 5,000 of the fastest-growing privately-held companies in the U.S., including five in Mooresville.
MOORESVILLE, NC — 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.
In North Carolina, 139 companies were recognized on this year’s Inc. 5000. Five of the companies are in Mooresville.
Well-known honorees on previous Inc. 5000 lists include Intuit, Zappos, Under Armour, Microsoft and Patagonia.
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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.”
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Here are the Mooresville companies that made the list:
POWERHOME SOLAR
- Mooresville
- Industry: Energy
- Three-year growth: 1,738%
Kryo
- Mooresville
- Industry: Consumer Products & Services
- Three-year growth: 761%
PeopleSuite Talent Solutions
- Mooresville
- Industry: Human Resources
- Three-year growth: 475%
1st Choice Construction Management
- Mooresville
- Industry: Construction
- Three-year growth: 166%
Done Right Merchandising
- Mooresville
- Industry: Retail
- Three-year growth: 72%
The complete 2020 Inc. 5000 list, including company profiles and an interactive database, can be found here. 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.
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