Crain’s Fast 50 is created by ranking companies in Crain’s database of private and publicly traded companies in two ways: by dollar amount of revenue growth between 2011 and 2014 and by percentage revenue growth during that same period. The two rankings are then added together to create the list. The lower the number, the higher the final rank.
This year’s list reflects an economy that’s well into recovery. Nearly all companies said their growth stemmed from increased business as a result of a stronger economy. Automotive suppliers are enjoying an industry that is hitting pre-recession production levels. Auto dealers are enjoying life at the other end of that industry. Trucking and logistics companies are seeing higher volumes, as are professional services and B2B firms.