Equipment company is listed as one of the fastest growing private companies in the Charlotte, N.C., area.
The equipment company Recycling Equipment Inc. (REI)
, based in Newton, N.C., has been recognized as one of the fastest growing private companies in the Charlotte, N.C., region of by the Charlotte Business Journal
The publication ranked REI, which manufactures equipment for the waste and recycling industries, as the 24th fastest growing company. The Fast 50 Businesses
were selected and ranked by average revenue growth from 2010 to 2012. To qualify, companies had to have at least $1 million in revenue in 2012 and be based in the Charlotte area.
The Charlotte Business Journal
recognized REI for posting an average revenue growth of 52.68 percent during that period.