(Harvey, La.) – For outstanding contributions to the local community and state, Louisiana Economic Development (LED) recognized VPG Construction as a 2022 Louisiana Growth Leader at the fifth annual Spotlight Louisiana event on April 21st, 2022, held at the Hilton Baton Rouge Capitol Center. As an Honored Leader, VPG Construction will join an accomplished group of Louisiana businesses under the LED Growth Network.
Through this esteemed network, VPG Construction will continue to have access to strategic business resources that benefit both the organization and state of Louisiana. Among these are customized leadership retreats, strategic research, networking, peer learning, and mentorship opportunities as well as additional technical assistance with the goal of accelerating the growth of Louisiana’s economy.
Louisiana Growth Leaders are selected by a statewide panel of economic development professionals that evaluate applications on a wide variety of criteria including growth, strategy, innovation, philanthropy, leadership, and company culture. The following are VPG Construction’s key aspects that influenced its selection:
In 2019, VPG completed the 37Hundred Bienville project, which was the largest townhomes development in New Orleans in more than 25 years.
From 2019 to 2021, the employee count nearly quadrupled.
Sales have quadrupled from 2020 – 2022.
“Each of our 2022 Louisiana Growth Leaders have succeeded in bringing great products and services to the marketplace,” Gov. John Bel Edwards said. “The companies being recognized have persevered through challenges, capitalized on opportunities, and represent some of the best of what Louisiana has to offer. I look forward to their continued success.”
“Tonight’s 2022 Growth Leader honorees are important companies in Louisiana, providing more than good jobs and a foundation of economic activity,” LED Secretary Don Pierson said. “They are community leaders and supporters, with vision and drive. I had the privilege of meeting many of this year’s recipients through LED Growth Network programs, hearing their stories of meeting challenges, and watching them succeed in scaling their companies. LED is honored to play a role in supporting their growth objectives and celebrating their hard-earned success.”
"The VPG team is deeply honored to be recognized by the LED Growth Network as a Louisiana Growth Leader,” Michael Merideth, VPG said. “ We're a people business and want to recognize our team's continued support and hard work because we wouldn't be who and where we are without each of them. We are incredibly proud and grateful for the success we have amassed over the past few years, and look forward to continuing to cement ourselves as one of the fastest-growing construction firms in Louisiana and the Southeast region."
More information about the LED Growth Network can be found in the online publication – Louisiana's Entrepreneurial Engine (2022). The VPG Profile is on page 25!
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About the LED Growth Network: Launched in 2017, the LED Growth Network provides continued access to strategic business resources and growth opportunities. The Network is constantly growing both in terms of new companies and additional resources designed to accelerate growth. As of January 2022, the Network consists of about 550 companies that represent more than 20,000 full time equivalent employees and generate nearly $4 billion in annual sales. For more information, contact Shannon Stecker at 504-547-1188 or email shannon@veriusproperty.com