Alta Equipment Company Recognized by Crain's Detroit Business as One of the 50 Fastest Growing Companies in South Eastern Michigan
LIVONIA, Mich., August 2, 2018 (Newswire.com) - Alta Equipment Company has been recognized as one of the 50 fastest growing companies in South Eastern Michigan by Crain’s Detroit Business. This is the fifth time Alta has been recognized on this list. Crain ranks companies based on the percentage of revenue growth over a three-year period from 2014 and 2017. They are also ranked by the dollar amount of revenue growth. Crain takes the two rankings and adds them together to create the list – the lower the number, the higher the final ranking.
According to the Crain article, the area has had significant business growth given the construction boom from rising real estate prices, a downtown Detroit resurgence, increased automotive sales that have positively impacted the local economy, and big acquisitions that have shaped overnight growth.
“Most of Alta's growth during the last three years came from increased sales through the expansion of our product lines and service capabilities across the enterprise. We also completed the acquisition of an industrial competitor in the Chicago market in late 2017, which will aid in future growth,” says Ryan Greenawalt, CEO of Alta Equipment Company.
Alta sells, services and rents a broad range of equipment. Their team includes expert sales staff, warehouse logistics specialists, skilled service technicians, and administrative support staff. To learn more about the company, visit AltaEquipment.com.
About Alta Equipment Company
Headquartered in Livonia, Michigan, Alta is an industry leading construction and industrial equipment company with 23 facilities throughout Michigan, Indiana, and Illinois. The company’s mission is to be an innovator of solutions, delivering diverse products and unrivaled support centered on building lasting customer relationships. For more information, visit AltaEquipment.com.