Verengo has been named to ‘The Build 100,’ a new business index that honors an elite tier of companies that have expanded their employment in each of the past five years. Verengo has grown its solar team 700% over the past 4 years, adding 900 new employees over that period.
"The Verengo Team is honored to be named on the inaugural Build 100 index," said Verengo CEO and Co-Founder Randy Bishop. "We believe that by earning the trust of our customers, we will grow our business and create more jobs. It's incredibly exciting to be building a company that saves our customers money, makes America more energy-independent, and creates hundreds of great jobs each year as we grow."
Additionally Verengo announced that it was ranked in the top 25 on two other recently published fastest growing lists -- The Lead411 ‘Tech 200’ and Solar Power World's top 250 solar contractors list.
"We are thankful for the recognition the Verengo Team has received this year and look forward to continuing our dynamic growth as rooftop solar gains acceptance across the nation," said Verengo President and Co-Founder Ken Button. "We are dedicated to building long term relationships with our current and future customers and look forward to playing a responsible role in America's solar evolution."
The index was created by studying the growth performance of millions of U.S. mid-market companies between 2007 and 2012. This inaugural list celebrates agile, enduring firms across a range of different industries. The Build 100 analysis began with 22 million establishments. Less than .01% of these businesses exhibited at least five consecutive years of job growth, the only statistically significant predictor of a company's ongoing success.