Richard Ranks #1 in Illinois Construction, #34 on Inc. Regionals: Midwest List
Inc Regionals Award Announcement: Woman in Richard helmet
FOR IMMEDIATE RELEASE
Chicago, IL - April 1, 2025 - Richard, a leading purpose-driven general contractor, has secured the #34 position on Inc. Magazine's prestigious Regionals: Midwest list for 2025, while also achieving the #1 ranking among Illinois construction companies. These recognitions highlight the company's exceptional growth and leadership in the region's construction sector.
Richard demonstrated a verified two-year revenue growth rate of 168% from 2021 to 2023, as calculated by Inc.'s stringent methodology comparing base year to end year revenue performance. This remarkable growth rate, verified through Inc.'s comprehensive vetting process, establishes Richard as a powerhouse in Midwest infrastructure development.
"This dual recognition is a significant milestone for Richard," said Jed Richard, CEO. "Ranking first among Illinois construction companies while simultaneously placing in the top 50 fastest-growing companies in the Midwest validates our innovative approach and commitment to excellence. Our 168% growth rate demonstrates the strong market demand for purpose-driven construction, and we're excited about the future."
The Inc. Regionals: Midwest list, known for its rigorous selection process, features dynamic companies driving real impact in their home regions. Companies must undergo extensive vetting, including founder interviews and detailed background research, to ensure they meet Inc.'s high standards for accuracy, fairness, and transparency. Richard's high ranking underscores its role as a leading force in regional development and sustainable construction practices.
For the complete Inc. Regionals: Midwest rankings, visit: https://www.inc.com/regionals/midwest
About Richard
Established in 2014, Richard is a nationally recognized, purpose-driven general contracting company headquartered in Chicago, IL. Founded by veteran Jed Richard, the award-winning company is known for building efficient and dynamic spaces that advance community, sustainability, and well-being nationwide. By prioritizing a people-first culture, Richard has consistently earned top industry recognition, including multi-year honors from both Inc. and Crain's Chicago Business as one of the Fastest Growing Companies and Best Places to Work. Since its founding, Richard has delivered transformative projects including patient care facilities, mission-critical data centers, electronic healthcare upgrades, governmental rehab projects, and water treatment centers. Founded on a mission to make an impact, Richard combines unmatched attention to speed, simplicity, and safety with deep expertise, ensuring the communities we serve can work, heal, live, and thrive better than ever before.
Media Contact: media@richardgroup.com