Business & Tech

Lemont Business Named One Of Fastest-Growing In Country

XpoSolutions, a logistics and transportation company, in Lemont, was ranked No. 4,680.

LEMONT, IL — A Lemont business has been named one of America's most successful, fastest-growing companies, according to Inc. magazine. The magazine recently released their annual report outlining the 5,000 fastest-growing privately owned companies in the nation.

Companies were ranked according to their percentage revenue growth from 2015 to 2018, according to the report. Illinois has 241 of the most successful new companies in the country.

XpoSolutions, a logistics and transportation company, in Lemont was ranked No. 4,680 on the list. The company reported 61 percent growth and $8.1 million in revenue.

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The Lemont company handles logistics and shopping of trade show exhibits. The company was founded in 2010 and has 16 employees.

The 5,000 companies come from over 25 different types of industry, including construction, real estate, and software. To earn a spot on the list, companies must have been generating revenue by March 31, 2015, and then had a minimum revenue of $2 million by 2018. Additionally, all the companies are privately held, for profit, and independent of any other larger company, according to Inc.

Find out what's happening in Lemontfor free with the latest updates from Patch.

Patch reporter Rebecca Bream Hughes contributed to this report.

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