CRBJBizWire: Frampton Construction in top tier of fastest-growing companies in America
Firm ranks 267 on the 2018 Inc. 5000 list
Charleston, S.C. – Frampton Construction Company, LLC, a regional full-service construction firm providing planning and design support, preconstruction, and construction services, has been named to Inc. magazine’s 37th annual Inc. 5000 list, a ranking of the nation’s fastest-growing private companies. The company earned the number 267 spot with a 3-year growth rate of 1,821%.
“We’ve hit some milestones in growth and recognition, but this is a high mark to place close to the top 5% of the list the first time we submitted data. Being one of 22 in the Lowcountry and 54 in the state is exciting, and we’re in good company,” commented Chad Frampton, president of Frampton Construction.
The companies on the 2018 Inc. 5000 have been very competitive within their markets, and the list shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved a three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 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, and the top 500 companies, including Frampton Construction, will be featured in the September issue of Inc., available on newsstands August 15.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor-in-chief James Ledbetter. “The lines of business may come and go, or they come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The list offers a look at the most successful companies within the American economy’s most dynamic segment — 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 list.
The annual Inc. 5000 event honoring the companies on the list will be held October 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort, in San Antonio, Texas.
Frampton Construction is a regional full-service construction firm with financial strength and industry knowledge born of years of experience employing proven procedures. Frampton Construction offers planning and design support, preconstruction, construction services, and sustainability services. The dedicated team of professionals takes pride in building strong relationships with clients while providing the highest quality of service. They deliver executive leadership and personal oversight throughout the building process, while working diligently to exceed the expectations of every client. With offices in Charleston, S.C., and Charlotte, N.C., the company is positioned to manage projects in the Carolinas and beyond. For more information, please visit http://frampton.construction/ or call 843-572-2400.
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 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 at http://www.inc.com/inc5000.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.