Inc. magazine revealed that Lifted Trucks is No. 138 on its third annual Inc. 5000 Regionals Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and Texas. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southwest region economy’s most dynamic segment–its independent small businesses.
“It has been an exponential growth year for Lifted Trucks,” said Co-President of Lifted Trucks, James Pillor. “The off-road industry has exploded over the last couple of years and as a result, we have responded with increased orders serving people locally, nationally and even shipping cars internationally. We are excited and proud to be on the Inc. 5000 Regional Southwest list.”
The companies on this list show a remarkable rate of growth across all industries in the Southwest region. Between 2018 and 2020, these 141 private companies had an average growth rate of 154% percent and, in 2020 alone, they added 10,563 jobs and nearly $10.9 billion to the Southwest region’s economy. Companies based in the Austin, Texas, Scottsdale, Arizona, and Fort Worth, Texas, areas had the highest growth rate overall.
Complete results of the Inc. 5000 Regionals Southwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southwest starting March 15, 2022.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, editor-in-chief of Inc.
Lifted Trucks sells and builds Arizona’s toughest trucks, with one-of-a-kind inventory and added off-road parts and accessories. The locally owned company breaks away from the typical car dealership stereotypes, with its unmatched customer service and top-quality trucks and has one of the highest rates of repeat customers and referrals in the auto industry. In business since 1995, Lifted Trucks has a loyal customer base, and is known for showcasing and selling the highest quality vehicles in town.
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
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