Inc. magazine today revealed that PGLS is No. 6 on its fourth annual Inc. 5000 Regionals: Mid-Atlantic list, the most prestigious ranking of the fastest-growing Mid-Atlantic private companies, based in the District of Columbia, Delaware, Maryland, North Carolina, Virginia, and West Virginia. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Mid-Atlantic economy’s most dynamic segment–its independent small businesses.
The companies on this list show a remarkable rate of growth across all industries in the Mid-Atlantic region. Between 2019 and 2021, these 135 private companies had an average growth rate of 154.26 percent; by 2023, they’d added 14,110 jobs and $5.2 billion to the Mid-Atlantic region’s economy.
Complete results of the Inc. 5000 Regionals: Mid-Atlantic, including company profiles, and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/mid-atlantic.
“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.
Methodology
The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million.