NEW YORK, August 14, 2019 – Inc. magazine today revealed that Knoxville, TN based Construction Plus Inc. is No. 1636 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Construction Plus Inc. President Sanford Loy, CCM BArch MSCE commented after being notified of the recognition, “We have been blessed with loyal employees and clients; which are the heart of any company’s growth. This milestone is credited to those dedicated employees and the trust placed in us by our client/partners such as Cherokee Health Systems, Power Systems, Orangetheory and Blaze Pizza just to name a few.”
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
Construction Plus Inc. was founded in 1988 by company President, Sandy Loy. Sandy was the first building contractor in East Tennessee to earn the professional accreditation of Certified Construction Manager (CCM) from the Construction Management Association of America and has supervised more than $1 billion in projects. His experience includes virtually every type of construction – including educational, industrial, religious centers, office buildings, medical facilities, renovation and preservation.
For additional information about Construction Plus Inc. visit their website here or contact Glenda Tipton at vision@constructionplus.com or 865-675-3600.
Sandy Loy and Brian Hornback
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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.
