Chris Woods News 2021 Fastest Growing Companies, No. 7: Chris Woods Construction Co. Inc. POSTED BY CHRIS WOODS CONSTRUCTION TEAM | OCTOBER 11 2021 This article originally appeared in the Memphis Business Journal 2021 Fastest Growing Companies, No. 7: Chris Woods Construction Co. Inc. MBJ’s annual Fastest Growing Companies list marks revenue milestones for Memphis’ largest — and arguably some of the most important — economic engines for the metro area. Those companies designated as Fastest Growing come from MBJ’s annual Top 100 Memphis-Area Private Companies list, which is ranked by gross revenue for the most recently completed year. The 50 Fastest Growing Companies were ranked by their revenue growth from 2018 to 2020. And the fact that revenue grew in the COVID-riddled year that was 2020, when compared to 2018, deserves accolades. While 2020 may prove to be an outlier in the area’s social and business history, there is no denying the accomplishment of growing revenue under trying market conditions. In this year’s Fastest Growing Companies, some of the ways that growth was constructed — hint, multiple entries in the top 10 are builders — come to light as we focus in on the top 10 fastest growing companies and rank the top 50 companies overall. CHRIS WOODS CONSTRUCTION CO. INC. Revenue growth, 2018 to 2020: 52.44% 2020 revenue: $93.11 million Chris Woods Construction, a full-service general contracting and construction management firm, had an impressive list of projects in 2018. And, growth has continued at a brisk pace ever since. Those 2018 projects included TAG Truck Center Memphis; the Olympus America repair and distribution center in Bartlett; Lakeland Middle Preparatory School; BioLife Plasma Services Center in Cordova; Memphis International Airport’s Consolidated Rental Car Maintenance Facility, and FedEx control tower renovations. With those projects on the books, Chris Woods Construction’s revenue grew from $61 million in 2018 to $93 million in 2020, a jump of more than 50%. That increase ranked the firm at No. 7 among Memphis’ largest 100 private companies. In late 2019, Chris Woods Construction told MBJ that the firm had a large volume of backlog work and more opportunities for activity when asked about the outlook for the next year. Obviously, the pandemic changed that forecast. But, it didn’t change the company’s trajectory. In 2020, Chris Woods worked on the Carvana distribution facility in West Memphis; Arlington High School’s indoor training facility; Sentry Self Storage, also in Arlington; Ngage Medical in Hernando; and a TAG Truck Center in Tupelo, to name a few. Founded in 1985, the now second-generation construction firm employs 35 at its office on Highway 70. Follow Us Online Search the blog Categories News Uncategorized Archives October 2021 July 2021 June 2021 April 2021 January 2021 December 2020 November 2020 October 2020 September 2020 August 2020 May 2020 April 2020 January 2020 December 2019 October 2019 August 2019 July 2019 June 2019 April 2019 October 2018 May 2018 April 2018 January 2018 December 2017 November 2017 October 2017 August 2017 July 2017 June 2017 April 2017 March 2017 January 2017 November 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 August 2015 June 2015 May 2015 April 2015 March 2015 February 2015 November 2014 October 2014 September 2014 August 2014 LINKS Home About Design/Build Services General Contracting Services Pre-Construction Services Projects News NEWS 2021 FASTEST GROWING COMPANIES, NO. 7: CHRIS WOODS CONSTRUCTION CO. INC. This article originally appeared in the Memphis Business Journal 2021 Fastest Growing Companies, No. 7: Chris Woods Construction Co. Inc.... Read More » CONTACT US 8068 U.S. Hwy 70, Memphis, TN 38133 Phone: (901) 386-3182 Fax: (901) 382-0454 Email: Click here to email us. © 2021 Chris Woods Construction | Memphis Web Design by S2N Design