MS Coast business ranked 1 of the fastest-growing companies in U.S. Here are the details
An Ocean Springs company recently made Inc. Magazine’s 2024 list of fastest-growing companies in America.
Cypress Environment & Infrastructure ranked 4,618 on the Inc. 5000. The civil engineering, environmental science and planning company also made the Inc. 5000 in 2023 (no. 897) and 2022 (no. 1,803).
In 2022, Cypress was also ranked no. 75 on Inc.’s 2022 Regionals Southeast category.
“Some household names that have appeared on the list include Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, Oracle, Box, and Grubhub,” said Eric Hagerman, special projects editor for Inc.
Cypress Environment & Infrastructure was one of only 11 Mississippi companies on the list and the only one located on the MS Coast. Eight of the Mississippi companies are repeat honorees.
Mississippi’s Inc. 5000 companies
Publishing: A company based in Madison that builds Shopify e-commerce websites. Publishing saw a 1,055% increase in three years.
GenTeal: A men’s clothing retailer based in Oxford ranked no. 998 with 512% growth in three years.
Mama Justice Law Firm: An all-female law firm specializing in personal injury cases and based in Tupelo. With 386% growth, the company is ranked no. 1,337.
Mid South Communications: The Water Valley telecommunications company ranked no. 2,217 with 236% growth.
Life Dental Group: Based in Oxford, the dental practice has offices in Mississippi and Alabama. With 230% growth, Life Dental Group ranked no. 2,267.
DIG Creative Solutions: The marketing and signage business is based in Flowood. With 181% growth in the last three years, the company ranked 2,810.
Zavation Medical Products: From its Flowood base, the company designs, manufactures and sells medical equipment worldwide. With 160% growth, Zavation ranked no. 3,101.
Watkins Construction: The Ridgeland construction and roofing company’s projects in Mississippi and Alabama yielded 106% growth, ranking them no. 4,168.
Hunt Marketing: The Oxford marketing company saw 102% growth and ranked no. 4,265.
Navagis: The Jackson software company produces mapping and tracking solutions for clients like Google, Chipotle and Liberty Mutual.
Cypress Environment & Infrastructure: The MS Coast company’s 87% growth landed it at no. 4,618. The engineering company has a number of environmental projects that have received national recognition. The company designed a marshwalk pier for Shepard State Park in Gautier, restored Caillou Lake’s shoreline and marsh; and assessed invasive species on the MS Coast.
Methodology
Company rankings are based on the percentage of revenue growth in the last three years.
According to Hagerman, the Inc. 5000 project takes eight months to complete and starts with an application (which included a process fee of $495 in 2024) used to rank companies and confirm their eligibility.
Hagerman said to qualify for the Inc. 5000, a company must:
be privately held, for profit, and independent (not a subsidiary or a division of another company)
have been founded and generating revenue as of March 31, 2020
have generated a minimum of $100,000 in revenue in 2020
have generated a minimum of $2 million in revenue in 2023
Companies have to submit proof of their revenues. Inc. then confirms and vets each candidate. The rankings are data driven, but each company has to pass an editorial review that might include research, interviews and an examination of any unlawful activity.
In addition to leading in revenue, Inc. reported companies on the Inc. 5000 list advanced in employment opportunities, “They generated 874,940 jobs, $317 billion in revenue and show where the economy is going.”
This story was originally published August 29, 2024 at 1:48 PM.
