North Billerica, MA – W.L. French Excavating Corporation announced the company has been named to the Boston Business Journal’s exclusive Fast 50 List for 2020, which represents the 50 fastest-growing private companies in Massachusetts.
Boston Business Journal’s research department, along with Fast 50 partner, Withum, analyzed companies based on a formula that counts revenue growth from 2016 to 2019. Based on the data, the top 50 companies were selected and ranked.
Companies on the Fast 50 must have their headquarters in Massachusetts and must have reported revenue of at least $500,000 in 2016 and $1 million in 2019 to be considered. W. L. French Excavating Corporation also landed a spot on the BBJ Top 100 Privately Held Businesses in Massachusetts published earlier this month.
The BBJ’s Fast 50 celebration, originally slated for May, is now expected to be held in November because of the pandemic.