NEW YORK, August 14, 2019 – Inc. magazine today revealed that P.J. Wallbank Springs is No. 3796 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.
“We are proud to have made the Inc. 5000 list, as one of the 5,000 fastest growing organizations in the United States, for the 2nd year in a row! We are excited for the changes that this growth will create for our company and the opportunities it will provide for members of our organization,” said P.J. Wallbank Springs, Inc. President Chris Wallbank. “It’s important to recognize that absent the commitment and effort of the members of our organization, an award like this never happens. If you are interested in joining an organization that will make an impact on the world through people’s lives, please visit us at www.pjws.com/careers and reach out to us!”
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.
P.J. Wallbank Springs, Inc., founded 35 years ago in Port Huron, is the global leader in the design and manufacture of spring packs for automatic transmissions. An engineering focused company, the organization started by designing and building its own proprietary manufacturing equipment in order to produce its spring packs, a strategy it continues to utilize to this day. Today, the organization exports 50% of its production outside of the United States, with over 50% of its export volume being shipped to China. Core to the organization’s success has been the organization’s people.Published by the St. Clair County Michigan EDA: Read More