Five companies from Santa Clarita reached Inc. Magazine’s annual list of 5,000 fastest growing private companies in the U.S., according to a news release from Santa Clarita Economic Development Corporation officials.

The magazine announced its list in August and the Santa Clarita-based companies include:

• Scorpion (Ranked: 1,402)
• KRG Technologies (Ranked: 1,656)
• AMG and Associates (Ranked: 2,635)
• Dazadi (Ranked: 2,882)
• Landscape Development (Ranked: 2,968)

“These five companies embody the can-do spirit and growth mentality that have been driving the transformation of the Santa Clarita Valley,” says Holly Schroeder, president and CEO of the Santa Clarita Valley Economic Development Corporation. “We congratulate them on their success and we hope to see more SCV-based companies make the list next year.”

The rankings are calculated based on the growth rate of the past three years, and the five SCV-based companies have registered three-year growth rates ranging from 110% to 272%.

Scorpion, an advertising and marketing company, not only has the fastest growth, but also the highest annual revenue in 2015 ($73.3M).

While KRG Technologies offers IT-related services, two companies – AMG & Associates and Landscape Development – are in the construction category.

Dazadi is described as a company which “sells indoor and outdoor recreational products through its e-commerce website.”

The five fast growing Santa Clarita companies have been in business for 10 to 23 years, and their growth rates are all the impressive when considering the fact that their start-up years have long past.

As more business park construction is completed, more companies are expected to move into the Santa Clarita Valley to take advantage of its prime location and its business-friendly environment.

“We are confident that more SCV-based companies are going to make the Inc. Magazine’s fastest growing companies list in years to come,” says Schroeder.

Los Angeles Metro area (including nearby cities) is ranked No.3 with a total of 284 fast-growing companies in the list.

Among all states, California leads the pack, with a total of 666 fast-growing companies, followed by Texas (395) and Florida (338).

The list also shows that the fastest growing industry is energy, with an aggregate growth rate of 227.4 percent, followed by media (195.2%), education (194.7%), financial services (191.8%), and travel & hospitality (185.9%).

To see the complete listing and read more about the trends behind the fastest growing private companies in the U.S., click here.

Ed. Note: This article is a news release provided by the Santa Clarita Economic Development Corporation.