CLIFTON PARK, N.Y. — G&G Industrial Lighting, an American manufacturer of innovative LED lighting solutions for industrial markets, has been recognized by Inc. Magazine as #2543 of the Inc. 5000 fastest-growing private companies for 2021 with a three-year revenue growth average of 164%. This marks the sixth consecutive year of G&G ranking on this prestigious list as the business continues to achieve exponential growth.
Much of G&G’s success can be attributed to an increase of market share within key industries served such as car wash, food processing, mass transit, agriculture, and automotive services. By providing high quality, linear lighting products designed to withstand the harsh environments within these applications, G&G has been able to secure a foothold in areas where competitive product typically fails.
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
“This year’s recognition feels like an especially notable achievement, given the business climate faced over the past year,” says Patrick Aigeldinger, Director of Business Development. “G&G’s accomplishments are a direct reflection of the flexibility of the team and an unrelenting focus on customer service. We look forward to continuing to leverage our strong culture and unique product design to bring future success.”
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 top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20.Tagged with award, G&G