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NewsHVAC Breaking News

JB Warranties Makes Inc. 5000 Fastest Growing Private Companies for Fifth Time

JB Warranties logo.jpg

Image courtesy of JB Warranties

August 19, 2024

ARGYLE, Texas — Inc. revealed that JB Warranties has made its annual list of the fastest-growing private companies in America. The INC 5000 ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment — its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

"Being recognized on the Inc. 5000 list of the fastest growing companies for the fifth time is a testament to the unwavering dedication and hard work of our entire team. To make this list you have to exceed top-ranked revenue growth for 3 consecutive years. That means each year we have made the INC 5000, we have compounded the difficulty of making the list again. With this in mind, it is truly amazing what our team at JB Warranties has been able to do year in and year out. I am extremely proud of the team and this accomplishment,” said Jeff Bohannan, president & CEO of JB Warranties.”

The Inc. 5000 class of 2024 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 is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

For complete results of the Inc. 5000 rankings, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS →

KEYWORDS: Awards in HVACR Data Centers and HVACR economy and HVAC Workforce

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