Hatch Product Development lands No. 24 in manufacturing on Inc. 5000

Hatch Product Development earned its second straight spot on the 2026 Inc. 5000, ranking No. 24 in manufacturing, No. 29 in Illinois and No. 898 overall. The Chicago-area firm says the recognition follows 351% three-year revenue growth and a 550% increase in workforce as it expands its engineering and manufacturing footprint.

Why it matters: - Hatch Product Development’s repeat Inc. 5000 placement signals sustained growth, not a one-time spike. - The ranking highlights a Chicago-area manufacturing firm gaining scale while adding jobs and expanding capacity. - The company’s trajectory matters for Illinois’ manufacturing sector and for customers bringing new products to market.

What happened: - Hatch Product Development was ranked No. 24 in Manufacturing, No. 29 in Illinois and No. 898 overall on the 2026 Inc. 5000 list. - The Inc. 5000 ranks the fastest-growing private companies in America. - Hatch appeared on the list for the second consecutive year. - Governor JB Pritzker congratulated Hatch on the recognition and tied the company’s growth to Illinois manufacturing momentum. - Co-President Addison Merchut said the repeat ranking shows Hatch’s growth is not tied to a single moment.

The details: - Hatch reported three-year revenue growth of 351% from 2022 to 2025. - Hatch said its workforce grew 550% over the same period. - In 2026, Hatch moved its headquarters to a new 32,000-square-foot facility in Wauconda, Illinois. - The new facility expanded Hatch’s engineering and manufacturing capacity. - Hatch said the expansion supports a growing team and client base. - The 2026 Inc. 5000 includes 5,000 companies across sectors including AI, advanced manufacturing, healthcare, consumer products and professional services. - The median three-year revenue growth rate among honorees was 130%. - Inc. said the 5,000 companies have collectively added more than 627,208 jobs over the past three years. - The full list, company profiles and searchable database are available here. - Inc. said the 2026 Inc. 5000 Conference & Gala will take place Oct. 14-16 in Dallas. - Inc. said the top 500 companies will appear in the Fall issue of Inc. Magazine.

Between the lines: - The repeat ranking suggests Hatch has built a growth model that is still scaling as demand rises. - The headquarters move points to a company preparing for more engineering work, more production capacity and a larger customer pipeline. - The Inc. 5000 placement also gives Hatch a branding lift in a competitive manufacturing market.

What's next: - Hatch will likely use its expanded Wauconda facility to support additional product development and manufacturing projects. - Inc. will honor the 2026 class at its October conference in Dallas. - The Fall issue of Inc. Magazine will spotlight the top 500 honorees.

The bottom line: - Hatch Product Development is turning rapid growth into a repeat national ranking, backed by a larger facility, a bigger workforce and a sharper manufacturing footprint.