SCOTTSDALE, Ariz. – Inc. revealed that PXG – Parsons Xtreme Golf – is No. 2,308 on its annual Inc. 5,000 list, the most prestigious ranking of the fastest-growing private companies in America.
The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic sector – its independent small businesses.
Founded by entrepreneur, philanthropist, and self-proclaimed golf nut Bob Parsons, PXG is a research and development company dedicated to creating the world’s finest golf clubs and apparel. Today, the American company has grown its footprint to have global influence, serving golfers in more than 50 countries through an innovative direct-to-consumer model.
“Being recognized by Inc. Magazine is not an honor we take lightly. It is one we work hard to achieve by focusing on being better every day in every aspect of our business,” Parsons stated. “Our team’s commitment to creating exceptional products and our customer’s enthusiasm for the experience we deliver is the reason for the success we have experienced. And I think it is safe to say we’re just getting started.”
PXG entered what was a saturated market in 2013, at a time when participation in golf was on the decline. But Parsons saw a unique opportunity to change the approach to golf club research and development, dissolving both product release cycles and limitations to resources, for the benefit of consumers. By 2019 the company made its debut on the Inc. 5000, and in 2022, PXG secured its third recognition.
The companies on the 2022 Inc. 5000 list have not only been successful but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19. With the foresight to stay the course and the decision to triple down on inventory, PXG experienced rapid expansion both domestically and internationally – custom building and shipping millions of golf clubs in record time.
PXG also dramatically expanded its apparel offerings under the direction of Renee Parsons. As President and Executive Creative Director of PXG Apparel, Renee Parsons built a top-caliber team, from design and sourcing to distribution and analytics to fuel growth.
“We are paving our own unique path in golf and fashion. By fusing performance, comfort, and style into all we do, PXG is designing and producing pieces that fill a void we saw in the golf apparel industry. Early adoption has exceeded our expectations, and I am excited to continue evolving and creating in this space,” said Renee Parsons.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”