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APR Supply Co. has announced that is has been named to the Central Penn Business Journal's 25th annual list of the Top 50 Fastest Growing Companies in Central Pennsylvania.
"Every day, our team strives to breathe life into our mission statement, creating enthusiastic customers. Each decision we make, and partnership we form, is a mindful effort to better serve our customers," said Scott Weaver, president and CEO of APR Supply Co. "As we approach our 100th year in the distribution industry and ready ourselves to move to our new state-of-the-art distribution center, we continue to provide groundbreaking solutions to our customers, and being named in the Top 50 Fastest Growing Companies for the thirteenth time is a strong indicator that we are continuing to change and grow with the industry — meeting the needs of our customers. APR Supply Co. is honored to be among this distinguished group."
To be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2018, 2019, and 2020, as well as revenue growth in 2020, as compared to 2019. For-profit entities that are headquartered in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, Perry or York County were eligible for nomination.
The presenting sponsor of the program, Baker Tilly, calculated the nominations and then ranked the companies according to revenue growth over the three-year period. Both dollar and percentage increases were taken into consideration. This ranking formula led to the list of 50 winners.
APR Supply Co. and the other 49 winners were honored at a virtual awards presentation. APR was ranked 27th out of the 50 recognized companies, growing from 40th in 2020.