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Inc. 5000 Press Release
MEDIA CONTACT:
Lili Garcia
p: 313.366.8535 e: garcia@wmenergy.com
Walker-Miller Energy Services Makes the Inaugural Inc. 5,000 List: One of 3 Companies Selected in Detroit
DETROIT, September 14, 2007 - Today, Walker-Miller Energy Services, LLC announced its ranking on the first-ever Inc. 5,000 list of the fastest-growing private companies in the country. Walker-Miller Energy Services, founded in 2000, earned $13.5 million in 2006, with a three-year revenue growth rate of 48.7%. Ranked at number 4,360, it is one of only three companies from the city of Detroit that made the list. The Inc. 5,000, an extension of Inc. magazine's annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.
Walker-Miller Energy Services is based in TechTown, Wayne State University's research and technology park. It is a client of TechTown's Detroit-Based Initiative (DBI), an intensive business development program funded by the City of Detroit and the Michigan Economic Development Corporation. "Walker-Miller Energy Services represents the ideal company with the ideal fit for our mission of developing high technology firms," said TechTown Interim Executive Director Randal Charlton. "It has a renewed focus on alternative energy, an impressive track record as a solid business concern and the potential to move quickly up the list with continued growth."
Adds Marlo Jenkins, DBI Program Director, "through the Detroit-Based Initiative program, we will partner with Carla Walker-Miller, the company CEO, to provide all the tools she needs to move to the next level. Walker-Miller Energy Services will continue to be a company to watch."
"I am honored to be included in the inaugural Inc. 5000. As our team continues to advance its renewable and sustainable energy businesses while maintaining our attention on updating the aging utility infrastructure, we fully expect to be in the Inc. 500 within the next few years," stated Ms. Walker-Miller.
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year's Inc. 5,000 can be found at www.inc.com/inc5000.
Methodology
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies - as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
About Walker-Miller Energy Services, LLC
Walker-Miller Energy Services, LLC (http://www.wmenergy.com) offers complete energy management solutions to help enterprises minimize risks while realizing greater operating cost efficiencies, comfort, and reliability. By supplying traditional transmission and distribution products and services, Walker-Miller Energy Services helps to maximize the performance of the current energy infrastructure. Additionally, the company promotes renewable and sustainable technologies as viable solutions for infrastructure improvement.
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