BERKLEY, Mich. — The Certified Restoration Drycleaning Network (CRDN) was named one of the fastest-growing private companies in the U.S. by Inc. magazine today. With three-year revenue growth of 61.4%, CRDN ranked No. 4,033 nationwide.
CRDN credits its growth to an ongoing effort to educate the insurance industry about the cost-effectiveness of restoring damaged textiles instead of replacing them after a disaster. CRDN members restore garments and other fabric items damaged by smoke, fire, water, mold and other contaminants, helping reduce costs and close claims quickly.
Launched in 2001, CRDN services are now available in 94% of the U.S, and the company reports that its affiliates achieve an average success rate of 98% on damaged goods. CRDN also has affiliates in Great Britain and Canada.
Companies included in the Inc. 5,000 reported median annual revenues of $9.4 million and three-year growth rates of 140%. Complete information on this year’s Inc. 5,000 can be found at www.inc.com.
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