Inc. Magazine ranked WDC Exploration & Wells 3,219 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs.
“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
WDC Exploration & Wells, celebrating its 60th year in business, is located just north of Sacramento, California in Woodland. Established in 1949 to service the needs of Northern California agricultural and municipal markets, WDC has grown to become one of the largest privately-owned, full service drilling companies in the United States with operations throughout the West, Midwest and Southwest.
WDC has continuously drilled water wells for the water supply industry while also serving the environmental, geotechnical, mining, and energy and construction business sectors — providing efficient, reliable drilling through the most difficult and challenging environments.
“The drilling industry is a unique combination of scientists, engineers and roughnecks. It’s fascinating and rewarding work,” states David Bardsley, Director of Business Development, WDC Exploration & Wells.
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000 list can be found at http://www.inc5000.com.
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent — not subsidiaries or divisions of other companies — as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.