Double-digit gains for companies on Top 100 list
The companies that build homes, design offices and keep those places cool in the August heat made the biggest jumps on this year's list of the Top 100 privately held companies.
About half of the businesses that moved up more than 10 spots on this year’s list work in construction, engineering, HVAC or related fields. These businesses’ successes mark a continuation of a trend that started last year, when those same industries dominated the rankings.
Homebuilders in particular thrived in 2016. Lancaster County’s Charter Homes Building Co., for example, experienced a big boost, jumping from No. 38 to No. 28.
Central Pennsylvania residents are gobbling up the region’s existing housing stock, creating an opportunity for builders to rake in profits on new developments. That growth also creates a need for skilled construction workers, who are increasingly hard to come by as demand grows.
Stewart Group Inc. in York County also saw big gains in 2016, pushing its way up from No. 19 on the 2015 list when it filed only construction revenue as Stewart & Tate Inc., a division of Stewart Group. The company deals not only in construction but also automotive sales and services, real estate, manufacturing and billboard media, industries that have also benefited from the rising economy.
Charter and J.A. Myers Homes LLC are among the companies to improve their ranking on the Top 100 list by more than 10 spots in 2016. J.A. Myers was one of six companies making or returning to the list, jumping from $35 million in revenue in 2015 to $43 million in 2016. Other new additions are:
• York Excavating Co. LLC, which went from 106 on the list in 2015 to 79 in 2016. The Windsor Township-based construction site developer saw a 37 percent leap in revenue this past year, going from $24.4 million in 2015 to 33.5 million in 2016.
• Upper Allen Township-based consulting firm Advantage Engineers LLC, which climbed from 103 to 88 on the list. The company saw a 15 percent increase in revenue from 2015 to 2016, going from about $25 million to $28.9 million.
• Warwick Township-based energy provider Weaver Energy Inc., which squeezed into the 99th spot on the list after ranking 115th in 2015. The Lancaster County energy provider saw a 15 percent revenue increase this past year, from $21.1 million in 2015 to $24.3 million in 2016.
• Morefield Communications Inc. The Hampden Township, Cumberland County telecommunications provider moved up four spots in this year’s ranking, but it was enough to breach the Top 100. Morefield, which ranked 98th, brought in $25 million in revenue in 2016, down 2 percent from 2015.
• Triangle Refrigeration Co. in Manheim Township, Lancaster County. The company was another to make a small hop in the rankings, from 105 to 100. Triangle’s revenue fell just under 2 percent from 2015 to 2016, from about $24.7 million to $24.2 million.