For the 3rd Time, Patriot Bolt Makes the Inc. 5000, at No. 757 in 2024, With Three-Year Revenue Growth of 641% Percent
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NEW YORK, August 13, 2024 – Inc. revealed today that Patriot Bolt ranks No. 757 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“I am thrilled to share that Patriot Bolt has once again been recognized on the Inc. 5000 list, securing our position at number 757 and being recognized for the third consecutive year! Each year of recognition gets more challenging and this year marks our most significant growth rate yet! Our continued presence on this prestigious list is a result of the passion, resilience, and the exceptional quality of our employees and partners. It’s not just a number—it’s a reflection of our shared vision and the strong foundation we’ve built together. To the best employees and friends in the business, thank you for your tireless contributions and for making Patriot Bolt a standout in our industry. Let’s celebrate this achievement and use it as fuel to reach even greater heights in the future. Here’s to many more milestones and successes ahead!” Kris Kolb, Founder and President
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
As a distinguished and industry-leading manufacturer in the fastener industry, Patriot Bolt and Fastener stands at the forefront, committed to serving the demanding sectors of Oil and Gas, Energy, Aerospace, and any other precision-focused industries. Our expertise lies in manufacturing and delivering an array of specialty fasteners, stud bolts, nuts, washers, fastener coatings, gaskets, hoses, and FSI filtration replacement parts. Patriot Bolt’s foundation is built on the promise of precision and promptness, vital factors in an industry where the minutest detail matters and speed is of the essence. Our leadership team, with a cumulative experience exceeding 50 years, encapsulates a deep understanding of the industrial bolted joint market. We embody the values of reliability and exceptional service, making us a favored choice among oil and gas plant engineers and purchasing managers.
Patriot Bolt’s foundation is built on the promise of precision and promptness, vital factors in an industry where the minutest detail matters and speed is of the essence. Our leadership team, with a cumulative experience exceeding 50 years, encapsulates a deep understanding of the industrial bolted joint market. We embody the values of reliability and exceptional service, making us a favored choice among oil and gas plant engineers and purchasing managers.
About Patriot Bolt
As a distinguished and industry-leading manufacturer in the fastener industry, Patriot Bolt and Fastener stands at the forefront, committed to serving the demanding sectors of Oil and Gas, Energy, Aerospace, and any other precision-focused industry. Our expertise lies in manufacturing and delivering an array of specialty fasteners, stud bolts, nuts, washers, fastener coatings, gaskets, hoses, and FSI replacement parts.
More about Inc. and the Inc. 5000 | Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent.
For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
SOURCE: Patriot Bolt
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