By Allison Stines – Data editor, Louisville Business First Oct 15, 2019, 1:40pm EDT
Information technology, manufacturers, construction and financial and insurance services make up the top industries in our Fast 50 list, which recognizes Louisville’s fastest-growing companies.
This list provides an annual look at the economic growth of some of the companies that call Louisville home. We ranked the businesses by revenue growth and you can see how they stack up in the attached gallery.
Ten companies grew their revenue by impressive triple digit percentages. The number one company grew it’s revenue by over 225 percent from 2016 to 2018, for instance.
This year, five companies also were honored with new awards.
▪Biggest Leap award: The marketing and advertising firm Vimarc ranked No. 44 in 2018 and made the largest jump on the list from 2018 to 2019. The company saw growth in 2018 from two large national accounts and attracted a large client that has tremendous potential.
▪Largest firm by revenue: Brightspring Health Services is the largest company by revenue on the list. The company’s 2018 revenue was $4.7 billion.
▪Bold Moves awards: Industries, Oasis Solutions and Office Resources Inc. are making moves with innovative ideas in human resources and staffing, a new direction with their company or an aggressive approach to growth.
To participate in the Fast 50, companies must be independent, for-profit and privately held. They also must be headquartered in Jefferson, Bullitt, Henry, Meade, Nelson, Oldham, Shelby, Spencer or Trimble counties in Kentucky or Clark, Floyd, Harrison or Washington counties in Indiana.
The companies also provide a three-year history of revenue and have brought in an average of at least $1 million in revenue over the past three fiscal years. Companies are ranked by the percentage of revenue growth from 2016 to 2018 and the 50 companies with the biggest percentage gains make our list.
We also celebrated them on Tuesday, Oct. 15, with a luncheon at the Kentucky International Convention Center. Check back for photos from the event.
Congratulations to the 2019 Fast 50 winners.