Canyon State Electric (CSE) has been recognized as one of the top fifty private companies in Arizona, according to the recent rankings by the Phoenix Business Journal.
These rankings are part of the 2022 Arizona Corporate Excellence Awards. Companies across various sectors were acknowledged at a special awards event in Scottsdale, celebrating their accomplishments in business.
Arizona's Leading Companies Recognized
The rankings by the Phoenix Business Journal assess independent and privately held companies located in Arizona, based on their annual revenue. The fifty top-ranked firms collectively generate more than $15 billion each year.
Reflecting on this achievement, CEO Stephanie Maderazzo-Hughes, remarked, “We’ve been in business nearly 45 years in Arizona. I’m incredibly proud of what we’ve accomplished and how we’ve established ourselves as one of the leading companies in the state.”
Recognition for Financial Growth
Canyon State Electric has also garnered recognition for its financial growth in previous years. Notably, it was included in Inc.’s 5000 fastest growing companies list in 2021.
This acknowledgment followed CSE's expansion in 2019, when the company broadened its services to include special systems installation and ongoing maintenance, complementing its core electrical construction offerings.