Summit Drilling Co., Inc. Included in Inaugural INC5000 List
NEW YORK, August 23, 2007 – Inc. Magazine has ranked The Summit Drilling Company, Inc. (Bound Brook, NJ) No. 4669 on its first-ever Inc5000 list of the fastest-growing private companies in the country. The Inc5000 list, an extension of Inc. magazine’s well-known annual Inc500 list, recognizes private firms that do not meet the qualifications of the popular Inc500 list. The Summit Drilling Co. provides environmental and geotechnical drilling services throughout the Northeastern United States.
Having relationships with many of the fastest growing environmental and civil engineering firms, Summit’s 2007 sales are growing at a 19% increase over last year’s sales figures. “This ranking allows the many members of the Summit Drilling team to see the fruits of their hard work” said CEO Bob Kreilick. “We strive to provide the best drilling experience for our customers, and this ranking is proof that our message is being received”.
“The Inc5000 list provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc5000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media. The 2007 Inc5000 reported median revenue of $9.4M and median 3-year growth of 140%. The list features a profile for each company, and is searchable according to various criteria.