Rockwood Custom Homes places in top 10 on Alberta Venture’s Fast Growth 50 List

Calgary, Alberta, January 4th, 2017 – Calgary, Alberta

Kicking off the year with some great press, Rockwood Custom Homes was featured in Alberta Venture magazine’s Fast Growth 50 (FG50) listing. Rockwood placed eighth on what’s widely recognized as Alberta’s most respected listing of high-growth businesses. This is the third time that Rockwood has appeared on Alberta Venture’s FG50 ranking, jumping 12 spots year-over-year from number 20 in 2016. Judges selected Rockwood based on a holistic picture of company growth over a three-year period. A number of factors including revenue growth, capital expenditures, marketing and R&D budgets determined Rockwood’s placement on the list.

Some key year-over-year (YOY) metrics included:

Revenue Growth of 22%

Asset Growth of 49%

Employee Growth of 29%

Rockwood’s strong vision for the business and continued ability to innovate and expand despite challenging economic conditions are testament to the company’s strong management team, superior execution and outstanding customer service.

In 2016, Rockwood launched its Okanagan division, as well as commencing sales on its Residences of King Edward project, a first-of-kind luxury development amidst a master-planned arts and cultural hub in Calgary’s inner city set to break ground in Spring of 2017. 2016 also saw Rockwood’s signature Villas of Aspen Heights project near completion; only a handful of villas remain in this world-class development.

Rockwood President, Allison Grafton, was honoured by the third-time distinction. “What a great way to kick off the year,” said Grafton. “The timing of the FG50 is perfect… it really sets a positive tone on the year ahead. We look forward to the new opportunities that 2017 will bring.”

Alberta Venture’s Fast Growth 50 is a comprehensive recognition program that ranks companies in Alberta with significant growth in revenue, assets, capital expenditures and employees over a three-year period. Compiled with the assistance of KPMG, this 17-year program is the most comprehensive portrait of Alberta’s fastest growing companies available.