Curated News
By: NewsRamp Editorial Staff
August 28, 2025
REI Utility Services Ranks No. 2,355 on Prestigious Inc. 5000 List
TLDR
- REI Utility Services ranks No. 2,355 on the Inc. 5000 list, demonstrating exceptional growth and competitive positioning in the utility services sector.
- The Inc. 5000 ranks companies based on percentage revenue growth from 2021 to 2024, with strict eligibility criteria including revenue thresholds and independence requirements.
- REI Utility Services supports electric utilities across the Southern United States, helping to maintain reliable power infrastructure for communities and businesses.
- REI Utility Services joins prestigious past Inc. 5000 honorees like Microsoft and Patagonia, showcasing remarkable entrepreneurial success in challenging economic conditions.
Impact - Why it Matters
This recognition matters because it highlights the vital role of engineering and utility services in maintaining and modernizing America's critical energy infrastructure. As utilities face increasing demands from renewable energy integration, grid modernization, and climate resilience needs, companies like REI Utility Services provide essential expertise that ensures reliable power delivery to homes and businesses. Their growth reflects broader trends in infrastructure investment and the importance of specialized technical services in supporting the nation's energy transition, ultimately affecting every consumer who depends on stable electricity supply.
Summary
REI Utility Services, a leading engineering and field services firm headquartered in Athens, Texas, has achieved remarkable recognition by securing the No. 2,355 spot on the prestigious Inc. 5000 list of America's fastest-growing private companies. This annual ranking, compiled by Inc. magazine, celebrates the most dynamic entrepreneurial businesses in the nation, with past honorees including industry giants like Microsoft, Meta, and Under Armour. The company's growth reflects its commitment to delivering high-quality engineering, field services, and technology solutions that power electric utilities across the Southern United States.
Mitchell Mayo, Chief Executive Officer of REI Utility Services, emphasized that this achievement validates the trust placed in the company by utility partners and the dedication of its team. The Inc. 5000 list methodology requires companies to demonstrate significant revenue growth from 2021 to 2024, with REI Utility Services meeting rigorous criteria including being U.S.-based, privately held, and independent. This year's honorees have shown exceptional resilience amid economic uncertainty, inflationary pressures, and labor market fluctuations, with the top 500 companies achieving a median three-year revenue growth rate of 1,552% and collectively adding over 48,678 jobs to the U.S. economy.
Mike Hofman, editor-in-chief of Inc., noted that making the list speaks volumes about a company's tenacity and vision, particularly in challenging economic conditions. Readers can explore the full list and company profiles at www.inc.com/inc5000, where they'll find comprehensive information about these innovative businesses. REI Utility Services specializes in power distribution engineering, substation testing and commissioning, joint use management, and other specialized field services for generation, substation, transmission, and distribution assets, positioning the company as a critical player in supporting the evolving needs of the utility industry.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, REI Utility Services Ranks No. 2,355 on Prestigious Inc. 5000 List
