The Inc. 5000 list was released earlier this year and four Northern Kentucky companies made the list.

Each year, the business magazine releases the list of the fastest-growing private companies in the country.

On the list this year: Erlanger-based United Installs (#215), Florence-based Legion Logistics (#611), Newport-based Nexigen (#1878), and Florence-based Kona Ice (#2312).

"We are excited that Nexigen has been recognized as one of America's fastest growing companies and the 8th fastest growing company in the state of Kentucky," said J.J. Schaffer, the company's Chief Financial Officer, in a statement. "This level of growth was not achieved by accident and is a tribute to the hard work and dedication of every team member."

Nexigen was founded in 2003 by Schaffer and Jon Salisbury. According to Inc., the company has shown 3-year growth of 211 percent and 2014 revenues of $2.9 million. The IT services firm has added 16 jobs. Nexigen has 40 employees in Newport. It recently recruited students from Newport Independent Schools to be part of its cyber hacking team.

The designation from Inc. marks Nexigen as the 8th-fastest growing private company in Kentucky.

-Staff report

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