Summit Contracting Ranks No. 2212 on the 2024 Inc. 5000

For the Second Time, Summit Contracting Makes the Inc. 5000, at No. 2212 in 2024, With Three-Year Revenue Growth of 236 Percent

NEW YORK, August 13, 2024 – Inc. revealed today that Summit Contracting ranks No. 2212 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Amour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

"Making the Inc. 5000, for the second year in a row, simply highlights the collective dedication and hard work of every individual at Summit Contracting. Our team members work hard to complete quality projects for our clients, overcome challenges and create innovative solutions. This team's pursuit of excellence, pride in their craftsmanship and enthusiasm for our clients has fueled our expansion. Because of their commitment, we are now able to provide great service, and structures, to farmers in South Dakota, Nebraska, Iowa, and Kansas. It takes every team member, client and vendor we work with to achieve something like this. This recognition is really a tribute to all of them. Their belief in our vision and values makes it all possible." - Tyler Samuelson, Principal/Visionary, Summit Contracting.

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

"We are truly honored to be featured on the Inc. 5000 list again this year. This accolade is a testament to our dedicated employees who invest their passion and effort into every farm structure, and to the farmers who select us to build their legacy; both are the key to our success." – Jerad Hutchens, President, Summit Contracting.

About Summit Contracting

Founded in 2009 by Tyler and Katy Samuelson, Summit Contracting is a full-service on farm construction company with specialized crews and support staff who focus solely on their area of expertise. From beginning the project in drafting/estimating to self-performing and managing each of our projects through completion, it is our goal to build lasting relationships with our customers and provide them with quality products they can be proud of for generations. Dedicated every day from dawn to dusk, Summit Contracting strives to emulate the farmer’s work ethic in every project, no matter how big or how small. The Future of Ag is Building. To learn more about Summit Contracting visit www.BuildSummit.com.

Contact information
Sonya Moller, Marketing Director

Summit Contracting
36581 SD Hwy 44 Platte, SD 57369
Phone: 605.630.4903

More about Inc. and the Inc. 5000

Methodology

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.