Companies on the Inc. Regionals: Southeast list had a median growth rate of 89 percent.
JACKSONVILLE, FL / ACCESS Newswire / March 31, 2026 / Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today revealed that Performance Electrical Contracting Inc. (PEC) has been ranked No. 91 on its sixth annual Inc. Regionals: Southeast list - the most prestigious ranking of the fastest-growing privately held companies in the Southeast. The region includes South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
An extension of the national Inc. 5000 list, the Regionals list offers a data-driven look at the independent small businesses driving growth across the Southeast economy. Companies on this year's list demonstrate exceptional revenue expansion, resilience, and job creation during a challenging economic period.
"We're proud to be recognized on this list alongside so many strong companies in the Southeast," said Mark Asselin, President of Performance Electrical Contracting Inc. "Our growth is a direct result of the hard work of our team and the trust our customers place in us every day. We've built this business by focusing on doing things the right way, and we're excited to keep that momentum going."
Between 2022 and 2024, these 182 private companies had a median growth rate of 89 percent; by 2024, they'd also added 12,079 jobs and $3.4 billion to the region's economy.
Complete results of the Inc. Regionals: Southeast, including company profiles and an interactive database sortable by industry and metro area, will be available beginning March 31 at: https://www.inc.com/regionals/southeast.
"The honorees on this year's Inc. Regionals list achieved exceptional growth at a time when the odds were against them. Amid inflation, supply chain disruptions, and ongoing economic uncertainty, they didn't just persevere - they innovated, adapted, and thrived. Their resilience made them standouts in their industries and true growth engines in their regions," said Bonny Ghosh, editorial director at Inc.
Performance Electrical Contracting (PEC) is a Jacksonville-based electrical contractor providing commercial and industrial electrical services throughout Northeast Florida and the Southeast United States. The company supports a wide range of projects, from new construction and service work to infrastructure upgrades, with a focus on quality, safety, and long-term customer relationships. PEC has experienced rapid growth in recent years, including expanding its headquarters and launching Performance Climate Solutions (PCS), a company focused on HVAC and climate control solutions. The company remains committed to delivering high-quality service while investing in the communities it serves.
Methodology
The Inc. Regionals lists are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2022. They had to be U.S.-based, privately held, for-profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2024. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2024 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.
Media contact:
Dave Anderson, President
Anderson Interactive
770-401-1044
dave@andersoni.com
SOURCE: Performance Electrical Contracting Inc.
View the original press release on ACCESS Newswire


