Following another year of “tremendous growth,” Recleim, an appliance and HVAC recycling company, earned its highest spot on Inc. Magazine’s 2018 list of America’s 500 fastest growing companies. The ranking is the company’s second consecutive and represents a one-year climb from number 456 in 2017 to 101 this year.
Recleim’s annual revenue grew to $36.1 million, a 3,621 percent increase over the prior period.
“We are honored to have achieved a second consecutive Inc. 500 ranking,” said Steve Bush, Recleim CEO, in a statement. “Our continued progress and success are attributable to our dedicated employees and the clients who care deeply about doing good for their businesses, their communities and the environment.”
Last year, Recleim expanded its commitment to community revitalization by opening new de-manufacturing plants in Philadelphia and Lima, Ohio, which will complement the operations of the company’s flagship facility in Graniteville, S.C. Collectively, the Pennsylvania and Ohio operations have created more than 100 new jobs, and more employment opportunities are forthcoming in the Dallas area, where Recleim plans to open another plant.
“We’re excited to continue working with appliance retailers, manufacturers, utilities and other clients at a time when customers expect these organizations to stand for more than just their financial statements,” added Bush. “Our continued growth is a testament to our regulatory and logistics expertise that we use to help businesses and organizations dramatically improve the efficiency and effectiveness of their recycling programs.”