Havre de Grace Company Makes Inc. 5000 List

HAVRE DE GRACE, MD — One company in Havre de Grace was listed among the fastest growing companies in America for 2018. A total of 111 organizations in Maryland were on the Inc. 5000 list, which the business magazine creates annually.

To find the top 5000 fastest growing companies in America, the magazine Inc. measured revenue growth from 2014 to 2017.

In all, the Inc. 5000 companies earned $206.2 billion in revenue last year.

Pendant Automation in Havre de Grace ranked No. 2484.

Located at 516 Young Street, Pendant Automation specializes in engineering. It was founded in 2006.

Last year, the company made $2.2 million, according to the Inc. 5000, which reported Pendant Automation grew 174 percent in the past three years.

A handful of other Harford County-based businesses made the Inc. 5000 list:

• L2 Defense in Edgewood was No. 1285
• Ecotone in Forest Hill was No. 2054
• CadmiumCD in Forest Hill was No. 2672

Topping the INC 5000 was SwanLeap in Madison, Wisconsin. The software company uses automated programs to determine the best way — the fastest and cheapest — for companies to ship products. It grew 75,661 percent in the past three years, earning $99 million in revenue in 2017.

Coming in second was PopSockets out of Boulder, Colorado, which makes cell phone stands and mounts. And the third fastest growing company was Home Chef based in Chicago, Illinois, which delivers ingredients and meal kits.

See the full Inc 5000 list here.

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