Hydra-Flex Named A Fastest Growing Private Company in Minnesota on MSPBJ's Fast 50
October 11, 2018 – Minneapolis-St. Paul, MN – 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 four consecutive years, Hydra-Flex jumped to the No. 23 rank due to a revenue growth rate of 69.25% over the last three years.
“Climbing two spots on this prestigious list is a humbling honor,” stated 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. “Everyone is held to the same requirements to ensure the integrity of this list, which includes some of the state’s most dynamic companies," says Johnson. "Our honorees are not only growing their revenues, but also their workforces by leaps and bounds."
Hydra-Flex and others on the list were celebrated at an awards gala held at US Bank Stadium in Minneapolis. See the full Fast 50 list at MSPBJ | 2018 Fast 50 List
About Hydra-Flex, Inc.
Hydra-Flex, Inc. was founded in 2002 as 2 men, a beer fridge, and a machine shop – driven by the simple belief that they could “find a better way” to manufacture innovative and reliable fluid handling products for the vehicle wash industry including chemical dispensing systems and high-pressure nozzles. Building on that expertise, Hydra-Flex products are now used in multiple industries including hydro excavation and industrial cleaning. In addition to appearing on the 2018 Fast 50, Hydra-Flex earned spots on the 2014-2018 Inc. 5000 lists, the 2015-2018 Fast 50, named a Top Inventor by Twin Cities Business, and has won Best in Class, Best New Product Design, and Executive of the Year in the Minnesota Manufacturing Awards presented by Minnesota Business Magazine.
Media Contact: Erin Bollig