Summit Interconnect, one of the largest PCB manufacturers in North America,yesterday announced that for the third consecutive year, it has earned a place on Inc. 5000’s prestigious list of America’s Fastest-Growing Private Companies. The list provides a data-driven look at the most successful independent, entrepreneurial businesses.
Inc. 5000 Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine rankings were calculated to four decimal places.
“Summit is honored to be included on the Inc. 5000 list for the third year in a row,” said Shane Whiteside, president of Summit Interconnect. “To be recognized repeatedly as one of the fastest-growing companies in the country, further confirms we are delivering a best-in-class PCB experience with unmatched service and technical expertise to customers around the world.”
Founded in 2016, Summit Interconnect quickly has become a trusted technology partner and leading manufacturer of high-reliability, advanced technology, printed circuit boards. With an integrated network of eight North American-based facilities, the company continues to expand its PCB services, increase technical support, and add advanced new technology to its facilities.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000 – with the fast growth that requires – is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added more than one million jobs to the economy over the past three years.
About Summit Interconnect: Summit Interconnect is the largest, privately held PCB manufacturer in North America. The company is focused on the fast-growing defense and high-performance commercial sectors in the North American market. Summit offers solutions ranging from advanced cutting-edge prototyping to complex high mix, low-to-mid volume production. Summit’s facilities are located across California, Illinois, Colorado, and Toronto, Canada.
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