With a Two-Year Revenue Growth of 80% PSA Systems Ranks No. 105 on Inc. Magazine’s List of the Northeast Region’s Fastest-Growing Private Companies
Companies on the 2022 Inc. 5000 Regionals Northeast list had an average growth rate of 208% percent.
NEW YORK, March 14, 2022 – Inc. magazine today revealed that PSA Systems is No.105 on its third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing private companies based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Northeast region economy’s most dynamic segment– its independent small businesses.
From CEO Michael McHale, "Congratulations to all PSA team members and thank you to our loyal customers!"
The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2018 and 2020, these 124 private companies had an average growth rate of 208% percent and, in 2020 alone, they added 5,010 jobs and nearly $2.7 billion to the Northeast region’s economy. Companies based in the New York City and Boston areas had the highest growth rate overall.
Complete results of the Inc. 5000 Regionals Northeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/northeast 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.
PSA Systems Background
PSA Systems is a privately owned national engineering, integration and custom manufacturing firm founded in 1985, with three (3) locations in Pennsylvania. As an experienced engineered solutions provider; PSA delivers turn-key solutions for capital projects including, but not limited to, robotic & custom automation solutions, advanced drives/controls & custom PLC applications; as well as a line of standard products developed for industry specific customers. PSA is an Authorized Value Provider for ABB, Kawasaki, Motoman and Fanuc Robot OEMs, as well as a Certified Systems Integrator for UR Robots and Vention.io; as well as an Advanced Drives and Controls Integrator for Allen Bradley.
To complement our turnkey automation solutions, PSA is fully staffed by qualified electrical and mechanical engineers, designers, welders, electricians, machinists and technicians; where we fully design and fabricate our projects in-house. We also offer dedicated engineering and fabrication services and provide qualified service technicians who perform onsite repair and installation work for our growing customer base.
For more information about PSA and how we may assist with your next project, please check out the website @ www.psasystems.com or reach out directly to:
Director of Sales and Business Development
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regional 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.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs
the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best busi