GWT Ranks No. 238 on the Inaugural 2020 Inc. 5000 Series: Midwest With Two-Year Revenue Growth of 95 Percent
In Inc. Magazine’s First-Ever List of the Midwest’s Fastest-Growing Private Companies — The Inc. 5000 Series: Midwest — Global Water Technology, Inc. Ranks No. 238 with a Two-Year Revenue Growth of 95 Percent!
NEW YORK, March 25, 2020– Inc. magazine today revealed that Global Water Technology, Inc. (GWT) is No. 238 on its inaugural Inc. 5000 Series: Midwest list, the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, 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.
GWT was also honored on the Inc. 5000 National list in August of 2019, ranking No. 2176 in addition to receiving honors for being No. 14 in Top Environmental Services category. This marked the second year appearing on the list.
“Recognition by Inc. Magazine is affirmation to our team that sticking true to our mission of putting people and clients first will lead to continued success and growth, “says GWT President & CEO Michael Byerley. “To consistently achieve high growth rates an organization must take care of its strongest assets: their people and clients. GWT works every day to foster a culture and mentality that facilitates that through teamwork, collaboration, and transparency.”
The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2016 and 2018, these 250 private companies had an average growth rate of 360 percent and, in 2018 alone, they employed more than 27,000 people and added $13 billion to the Midwest’s economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall.
Complete results of the Inc. 5000 Series: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/inc5000-series-midwest-2020 starting March 25, 2020.
“The companies on this list demonstrate just how much the small-business sector impacts the economies of each Midwest state,” says Inc. editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”
More about GWT
Global Water Technology, Inc. (GWT) was founded in 1990 to meet a growing demand in the industry for personalized, affordable, and reliable water treatment services. The primary goal was to establish an honest and reputable company that management teams would be proud to partner with. As a result, GWT built a strong reputation in the commercial, residential, industrial, hotel, and healthcare markets throughout the Midwestern United States.
GWT’s reputation for superior service and creating cost effective, resource saving, and equipment preserving strategies has allowed for continued growth and expansion throughout the United States and across a wide variety of industries.
Today, Global Water Technology, Inc. is one of the industry’s leaders in water and wastewater treatment. For more detailed information about GWT, please visit our About Us page below.
For more information please visit www.gwt-inc.com.
Renae Schaver, Business Manager
More about Inc. and the Inc. 5000 Regional Series
The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. 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 2016 is $100,000; the minimum for 2018 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.