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Twinsburg-based home improvement company Great Day Improvements was bleeding cash after the Great Recession. The company specialized in patio enclosure installations — luxury upgrades that tight-pocketed homeowners had little demand for in the years after 2008. Now, Great Day is the fastest-growing company in Northeast Ohio. The business has diversified its services, acquired new businesses and expanded into new geographic markets. As a result, its annual revenue has grown to more than $1.5 billion, or 1,663%, in the last five years. The company is now reinvesting in the Cleveland area, recently establishing a new headquarters in Twinsburg and rolling out a plan for a massive local hiring spree over the next half decade.
“We have zero pump-the-brakes in us,” said second-generation CEO Drew Weinfurtner, whose father, Ed Weinfurtner, acquired the company in 2014. “It’s just not part of our DNA.”
The same can be said for nearly every business on Crain’s Fast 50 list, available in full here. Each company mapped a unique growth path. Some brought on new investors or embraced new technologies. Others acquired or merged with existing businesses. These fast-growing companies span a wide range of industries, from manufacturing and construction to retail, health care and technology. There’s a car wash chain, a custom wheelchair maker, a fastener manufacturer and a commercial glazing company. The 50 companies on this list saw revenue increase by an average of roughly 330% between 2019 and 2024. They brought in a collective $8.5 billion in revenue last year alone. As employers, they cut paychecks to more than 7,400 workers in Northeast Ohio. Many of the companies on this list were founded in the last 10 or 20 years, though some have been around for five to 10 decades. One dates all the way back to 1892. The list ranked companies by the percentage at which their revenue grew between 2019 and 2024. To qualify, companies must have generated at least $100,000 in revenue in 2019 and $5 million in revenue in 2024. Eligible companies were allowed one year of declining revenue during that period, so long as it wasn’t 2024. Also, companies must have been founded on or before Dec. 31, 2018, and they must be headquartered in Northeast Ohio, which for this purpose includes Ashland, Ashtabula, Cuyahoga, Erie, Geauga, Huron, Lake, Lorain, Mahoning, Medina, Portage, Stark, Summit, Trumbull and Wayne counties.