EnerNex Named One of the 5,000 Fastest-Growing Private Companies in America

KNOXVILLE, Tenn.--(BUSINESS WIRE)--EnerNex, a leading provider of engineering and consulting services to the electric power industry, announced the firm ranks number 33 among energy companies and number 1,289 overall on Inc. Magazine’s annual Inc. 5000 list.

“We are proud to have such an outstanding ranking for the 4th year in a row on the Inc. 5000 list. Our improved position on the list is a testament to our company’s significant growth over the years and the energy industry’s need for the consulting services we provide.”

With a 3-year growth of 225 percent and employee numbers on the rise, EnerNex has made the prestigious list for the 4^th consecutive year and is EnerNex’s highest ranking to date. The firm is one of 105 Tennessee companies named to this year’s list.

EnerNex President and CEO Jeff Lamoree commented on the award: “We are proud to have such an outstanding ranking for the 4^th year in a row on the Inc. 5000 list. Our improved position on the list is a testament to our company’s significant growth over the years and the energy industry’s need for the consulting services we provide.”

Previous EnerNex history on the Inc. 5000 list:

• EnerNex earned a position of 1,819 on the 2010 Inc. 5000 list. The firm experienced a 150 percent revenue growth and ranked 45^th among energy companies.
• In 2009, EnerNex ranked the 1,449 position on the Inc. 5000.
• EnerNex broke the list at 1,709 and number 45^th among energy companies in 2008.

Click here to view EnerNex’s 2011 Inc. 5000 profile.

In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.

About EnerNex

EnerNex, established in 2003, provides research, engineering and consulting services, for the electric power industry. EnerNex focuses on providing services around the development and application of new and emerging electric power technologies to engineer a cleaner, smarter energy system of the future. For more information on EnerNex, visit www.enernex.com.