PRESS RELEASE

PHILADELPHIA, August 9, 2024

Camfred Construction recognized by the Philadelphia Business Journal as one of Greater Philadelphia’s top 50 fastest-growing companies!

Growing a business is no small feat. Sustaining that growth over multiple years – several still pandemic riddled – is all the more impressive.

Each year the Business Journal sets out to recognize Greater Philadelphia’s fastest-growing companies based on average two-year revenue growth. Formerly known as Soaring 76, we rebranded the program this year to Philly's Fast 50, which puts the emphasis on private companies.

While the name of the program has changed, the parameters to qualify remained the same. That includes having minimum revenue of $750,000 in the first year of consideration – in this case 2021 – and increased revenue every year thereafter. Companies must also be headquartered locally and independently owned without a parent company.

To determine this year’s list, we sought nominations from the public. After, companies underwent a review by both our editorial team and with our accounting partner, CLA, which vetted their revenue. Data Reporter Todd Romero then crunched the data – averaging their revenue percentage growth from 2021 to 2022 and 2022 to 2023 – to determine which companies made the cut and how they ranked.

The complete list can be found HERE.

ABOUT CAMFRED CONSTRUCTION:

Camfred Construction provides preconstruction, general contracting and construction management services to commercial, healthcare, higher-ed, institutional, large multi-family developer and other privately-owned organizations. Our projects are of all types and scale: new construction (large multi-family and core/shell), modular building construction, precast concrete, major renovations to new office buildouts. Camfred Construction aims to continue sustained growth through quality construction, increasing market presence and adding strong members to the team while promoting balance in health, family, life & work.

Notable clients include: Children’s Hospital of Philadelphia (CHOP), University of Pennsylvania (UPenn), Temple University, Aramark, Campus Apartments, AFC Urgent Care, Girl Scouts, Major Developers, Commercial/Office Building Owners in the Greater Philadelphia region and surrounding areas.

Camfred Construction was founded in 2017 and is a Certified Minority Business (MBE).

CONTACT:    
Marketing Dept.
Camfred Construction
484-816-7117
info@camfred.com