The Fast 50 award exists to recognize the exemplary performance of leading Louisville companies. The companies nominated were ranked by revenue growth over the past three years and each company was placed into a category depending on their size. PHOENIX was placed in the $20-$100 million revenue category. PHOENIX's revenue growth from 2017 through 2019 was 79.5%. PHOENIX was able to take the #13 position overall and fifth in the $20-$100 million category.
"Since starting the company thirty-five years ago with the sale of our first Belt Press, we've strived to be an innovative and technologically advanced company. The industries we work in are extremely competitive, making this award all the more significant." - Gary Drake, CEO & President, Phoenix Process Equipment Co.