Press Release
Silencer Central Ranks on Inc. 5000 List of Fastest-Growing Companies in the U.S.
Inc. Magazine has once again recognized Silencer Central, America’s leading provider of firearm suppressors, as one of the fastest-growing private companies in America. This year, Silencer Central achieved the remarkable feat of ranking 2nd among companies in South Dakota and 2nd in Sioux Falls on the annual Inc. 5000 list. Nationally, the company placed 87th in the consumer products category and secured the 1,339th spot overall.
“It is an incredible honor to be recognized on the Inc. 5000 list, especially as one of the top companies in South Dakota and Sioux Falls,” said Brandon Maddox, CEO of Silencer Central. “This achievement is a testament to the dedication and hard work of our entire team, as well as the unwavering support of our customers. We are committed to continuing our growth and delivering innovative products that meet the needs of our customers across the country.”
The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent businesses. Companies like Facebook, Chobani, Under Armour, Microsoft and Patagonia first gained national recognition as honorees on this prestigious list.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Over the past 19 years, Silencer Central has solidified its reputation as a leader in the firearms industry, offering unparalleled expertise, compliance, and customer education in silencers. The company’s focus on silencers has allowed it to maintain a high standard of quality and service, making it one of the largest Class 3 dealers in the nation.
Companies on the 2024 Inc. 5000 list are ranked based on their percentage revenue growth from 2020 to 2023. To be eligible, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 was $100,000, while the minimum for 2023 was $2 million. Inc. reserves the right to decline applicants for subjective reasons, and growth rates used to determine rankings were calculated to four decimal places.
The entire 2024 Inc. 5000 list can be found here.
For more information about Silencer Central and its products, visit www.silencercentral.com.
