JACKSONVILLE, FL, – Inc. magazine announces that The FaverGray Company is No. 159 on its second annual Inc. 5000 Regionals: Florida list, the most prestigious ranking of the fastest-growing Florida-based private companies.
Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Florida economy’s most dynamic segment—its independent small businesses.
“We are proud to be part of the Inc 5000 Regionals: Florida list,” says James Gray, CEO at FaverGray. “When we started FaverGray, we had the vision to build better than ever before. Since day one, we have been committed to serving our clients and that has remained consistent with our core values today.”
“We are once again honored to be ranked in the Inc 5000 Regionals: Florida list alongside other businesses that have achieved significant growth,” said Keith Faver, President at FaverGray.
FaverGray specializes in building both high-end and affordable multifamily, student housing, and senior living developments. The company has completed more than 100 projects across 15 states and 61 cities throughout the Southeast and other areas of the United States. FaverGray’s mission is to deliver success by offering creative solutions, providing a fully integrated team from concept to completion, and exceeding client expectations.
The companies on this list show stunning rates of growth across all industries in Florida. Between 2017 and 2019, these 250 private companies had an average growth rate of 202 percent and, in 2019 alone, they employed more than 83,000 people and added nearly $11 billion to the Florida economy. Companies based in major metro areas—Miami, Fort Lauderdale, Jacksonville, Tampa, and Orlando—brought in the highest revenue overall.
“This list proves the power of companies in Florida no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”