Industrial Project Innovation (IPI) rose to No. 106 in its second year on the annual Inc. 5000 fastest growing companies list. The ranking is an increase of 831 spots from No. 940 last year.
IPI’s Owner and President Kevin Ball said, “IPI is very happy to be named in the Inc. 5000 list for the second year in a row. We have continued to experience excellent growth even in the uncertainty that 2020 brought. We feel very fortunate and thankful for this. We appreciate the trust our clients have placed in us, the vendors that have supported us and most of all for our teammates who have made this possible.”
For the second year running, the company was ranked the fastest-growing company in the construction industry in South Carolina. IPI was ranked the third fastest-growing company in the construction industry nationwide. The company’s three-year growth rate is 3,825%.
The Inc. 5000 list is 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
More about IPI
IPI is a project management and construction management firm that provides project planning, construction management expertise and operations & maintenance services to their clients throughout the entire program life cycle. IPI’s team members have extensive backgrounds in strategic and detailed planning, execution, start-up and maintenance of complex projects and facilities both domestically and internationally. Learn more at www.ipi.build.
More about Inc. and the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000.
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.