With a Two-Year Revenue Growth of 747%, Shactee Engineering Ranks No. 22 on Inc. Magazine’s List of the Midwest Region’s Fastest-Growing Private Companies
Companies on the 2023 Inc. 5000 Regionals: Midwest list had an average growth rate of 535 percent.
Woodridge, IL, February 28, 2023 – Inc. magazine today revealed that Shactee Engineering is No. 22 on its third annual Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing Midwest private companies, based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment–its independent small businesses
“We are very thrilled about this achievement, and we owe it all to our amazing team. Because of their hard work, and commitment to quality, we were ranked #22 Fastest growing company. Thank you, team!”, Linda Aouf, COO
The companies on this list show a remarkable rate of growth across all industries in the Midwest region. Between 2019 and 2021, these private companies had an average growth rate of 535 percent and, in 2021 alone, they added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy. Companies based in the Chicago, Illinois, Noblesville, Indiana, and Overland Park, Kansas areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at www.inc.com/Midwest starting February 28, 2023.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsized impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
Shäctee Engineering is a woman owned engineering design firm providing services to local natural gas utility companies and their consultants. These services include engineering design, permitting, inspection and environmental services. Driven by the philosophy that happy employees are the gateway to satisfied clients, they are breaking the mold associated with today’s engineering firms. Their client driven culture, flexible workspace and empowering environment are bringing the future to today’s workplace.
Contact: Kasey Coats, HR Manager – [email protected]
Methodology
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
