Annual Awards Recognize Local Companies Topping Growth Charts
Welcome to the second annual Central Oregon Fastest 20 Growing Businesses Awards, celebrating the most rapidly rising stars of the increasingly diverse local business scene.
Cascade Business News (CBN) joined forces with sponsors Columbia Bank and Capstone CPAs to recognize the fastest growing companies located in the Tri County region.
The qualifying criteria for this inaugural list included companies established and operating on or before January 1, 2015, with gross annual revenues of at least $100,000 in the last fiscal year, reporting consistent year-over-year growth in earnings through 2017. CBN teamed with Columbia Bank and Capstone to help find these companies, and then vet the percentage of growth.
The top 20 featured a wide array of business types and industry sectors, from hi tech to health care, home improvement, recreation — and of course, beer! — reflective of a broadening platform for the local economy, with a heavy emphasis on the entrepreneurial spirit for which Central Oregon is increasingly noted.
Latest economic indicators show Central Oregon’s economy growing faster than the national average again this year, and Columbia Bank Senior Vice President and Commercial Banking Team Leader for Columbia Bank Cory Allen said, “We at Columbia Bank are very excited to continue in its second year our support for the Central Oregon’s Fastest 20. It is exciting to see such a diverse group of companies in our region and acknowledge the growth they are experiencing.”
Lance Brant, a CPA with Capstone, added, “We need to recognize small business owners and their positive efforts to our community. Owners of small business clients are the engine to our business environment and they provide the local opportunities for employees and future owners of small business. I could not be prouder to support this event.”
The Fastest 20 companies were announced and honored at a celebratory event at the Oxford Hotel on November 7. A profile of each company together with the rankings of the top performers is featured in this issue. Click here to see where you can pick up a copy of the November 7 issue to see the winners and read more about these fast growing companies.