HM Cragg Makes Minneapolis/St. Paul Business Journal 2020 Fast 50 Companies List
(Edina, MN — Oct. 29, 2020) – HM Cragg was recently named in the Minneapolis/St. Paul Business Journal’s 2020 Fast 50 Companies list. With a growth rate of 54% since 2017, HM Cragg was ranked number 42 on the list. Along with fiscal growth, HM Cragg has expanded its workforce from 65 to 87 employee-owners during that same time frame.
“We are excited and honored to make this prestigious list two years in a row now, which is a testament to the great team and leadership we have here at HM Cragg,” stated Tony Wand, HM Cragg’s President and Chief Executive Officer. “Our Distribution team had unprecedented growth for the last couple of years, as well as strong results from our recent acquisitions and new generator business units,” said Tim Foley, VP of Sales and Marketing. “All of our employee owners do a great job of serving our customers and business partners, which is what allows us to achieve this growth,” stated Dan Pumarlo, VP of Service and Operations.
The Fast 50 list is an annual ranking of the fastest-growing private companies in Minnesota. Eligibility is determined by consistent revenue growth for the last two years, with initial revenue of at least $1 million.
About HM Cragg
HM Cragg is a 100-percent employee-owned (ESOP) company that has been in business for over 50 years. Headquartered in Minneapolis, Minnesota, the company is focused on critical power and infrastructure products and services across the United States. HM Cragg is a Master Distributor nationally for several product lines, and a Manufacturer’s Rep and Regional Distributor in the upper Midwest for both AC and DC critical power solutions, with the ability to design and build custom, packaged power solutions. Additionally, HM Cragg’s Service business installs and maintains critical power products, as well as cell site infrastructure. More information is available at www.hmcragg.com.
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