Companies on the 2023 Inc. 5000 Regionals: Pacific list had an average growth rate of 179 percent
Portland, OR [Feb. 28, 2023] – Inc. Magazine today revealed that MaxBP is No. 48 on its third annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies based in Alaska, Hawaii, California, Oregon, and Washington. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful private companies within the Pacific economy generating sustainable growth and jobs.
“It’s an honor to be among such a list of esteemed companies, including the likes of Under Armour, Patagonia, and other notable alumni,” said MaxBP CEO Neil McConnell.” Since founding our sports equipment company in 2010, the goal of MaxBP has been to share fun drills that accelerate learning, muscle memory, and improvement at faster rates to help you become the best athlete you can be.”
The companies on this list show a remarkable rate of growth across all industries in the Pacific. Between 2019 and 2021, these 185 private companies had an average growth rate of 559 percent and in 2021 alone, they added 14,536 jobs and $4.6 billion to the Pacific region’s economy. Companies based in the Irvine, Santa Monica, and Venice, California, areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Pacific, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/pacific starting February 28, 2023.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disruptors and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
MaxBP is the No. 1 vision/reaction training tool for baseball, softball, hockey, lacrosse, and similar sports worldwide. Complementing MaxBP are its two portfolio brands, Frost Gear and HeavySwing. Frost Gear's cold-weather technology products, including batting gloves, throwing gloves, and apparel, are used by professionals and athletes alike–all of whom have one thing in common–the need to conquer the cold and play ball effectively. HeavySwing provides patented handle-weighted training bats to build strength, power, and increase bat speed while promoting proper swing mechanics. Its products are specifically designed for live batting practice and hitting drills.
More about Inc. and the Inc. 5000 Regionals
Methodology
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 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.