Minnesota Manufacturer Ranks on 'Fast 50 List'
Trystar was named to the list as an honoree in August 2024, and the MSP Business Journal announced its annual rankings on October 25.
Trystar ranks #22 in the Minneapolis/St. Paul Business Journal’s 2024 “Fast 50 List,” which celebrates the Twin Cities’ fastest-growing, privately held companies according to revenue growth. The company was named to the list as an honoree in August 2024, and the MSP Business Journal announced its annual rankings on October 25.
It is no small feat to be named to and rank in the “Fast 50.” Eligibility requirements include:
- Independently owned and privately held, for-profit business
- Headquartered in the 24-county Minneapolis / St. Paul metropolitan area
- Have had at least $1 million in revenue (at the inception of the award in 2021)
- Submit financial statements to a third-party accounting firm to ensure eligibility and revenue verification (a process at which many private companies balk)
Throughout 2024, Trystar has not only grown in revenue but in the depth of its portfolio of customizable electrical power management solutions. By designing, engineering and manufacturing innovative and integrated combinations of power products, the company partners with its customers and contributes to their success by enabling them to avoid power outages, equipment failure, costly downtime, safety risks and gaps in electrical power expertise.