Hydra-Flex, Inc., a leading manufacturer of innovative fluid handling products, was recognized for rapid revenue growth, bold innovation, and its entrepreneurial spirit by earning a spot on the Minneapolis/St. Paul Business Journal’s Fast 50, a list of the region’s fastest growing private companies.
Appearing on the list for five consecutive years, Hydra-Flex jumped to the No. 23 rank due to a revenue growth rate of 69.25 percent over the last three years.
“Climbing two spots on this prestigious list is a humbling honor,” said Jaime Harris, President and CEO of Hydra-Flex. “Sustaining growth in our competitive and dynamic industries calls for both innovation and adaptability on a continuous basis. This award is a testament to the quality people, processes, and products we have at Hydra-Flex.”
Kim Johnson, the MSPBJ Fast 50 Project Editor, commented on what it takes to make the cut as one of the fastest-growing private companies. “Every year we seek nominations from the Twin Cities that will share their financial secrets,” Johnson said. “Everyone is held to the same requirements to ensure the integrity of this list, which includes some of the state’s most dynamic companies.”
See the full Fast 50 list at MSPBJ | 2018 Fast 50 List