#21: Neumiller Electric

67.7% growth

City: Iowa City

Founded: 2003


1st time on the list


Neumiller Electric is a full-service electrical contracting firm that strives in all aspects of electrical contracting. The company offers a range of services, from minimal items, such as house calls to repair a simple switch, to building fiber optic infrastructures.

The company’s emphasis on fiber optics has opened doors to bigger markets. Matt Neumiller, owner/CEO/master electrician, believes one of the reasons for the company’s growth is the employees.

“If you have good employees representing the business, you will build a good customer base,” he said.

The company’s ability to adapt to changes in the industry is another reason the business is succeeding. Neumiller Electric shifted to underground infrastructure, using solar and wind capabilities and added larger commercial jobs to its workload. The residential market also stayed strong, according to Rachel Neumiller, Matt’s wife.

“The residential is the biggest; we have to wire as many houses as we can,” Mr. Neumiller said.

The company is also willing to do the jobs that their competitors will not. In the future, Neumiller Electric would like to expand into other cities throughout the Midwest.

-Jessica Carbino