INDIANAPOLIS, Aug. 30, 2016 (GLOBE NEWSWIRE) -- The finalists for the 2016 Indiana Public Company of the Year have been calculated, and the top performer will be unveiled and recognized at an honors banquet Sept. 15 in conjunction with the INVESTIndiana Equity Conference.
A special team examined the 2014-15 performance of Indiana-headquartered public companies traded on the NASDAQ and NYSE exchanges. A set of weighted, quantitative metrics was applied to each company's comparative rankings on returns on assets and equity, revenue growth, market performance and total return.
"These top ten performers are driven by leadership focused on doing what they do best as a company while pursuing appropriate growth opportunities," said Terry McWilliams, chairman of INVESTIndiana. "This excellence is visible whether these companies are manufacturers, service providers or are involved in other industry sectors providing solutions to clients and customers."
Indiana Company of the Year Top Ten Performers (presented in alphabetical order)
- Angie’s List, Inc. (NASDAQ:ANGI), Indianapolis, is a resource for consumers looking to find the best local service providers in more than 720 categories, like home repair, health care and auto service. More than 3 million members research, hire, rate and review local service providers. 2015 Revenues: $344.1 million.
- Berry Plastics Group, Inc. (NYSE:BERY), Evansville, is a leading global manufacturer and marketer of value-added plastic consumer packaging and engineered materials. 2015 Revenues: $4.9 billion.
- Drew Industries Incorporated (NYSE:DW), Elkhart. Through a wholly-owned subsidiary, Drew supplies a broad array of components for the leading manufacturers of recreational vehicles and manufactured homes, and to adjacent industries. $1.4 billion
- First Internet Bancorp (NASDAQ:INBK), Fishers. It is the parent of First Internet Bank; the full-service financial institution opened its virtual doors in 1999 and provide a full range of banking products and services to consumer and commercial customers. $40.9 million.
- KAR Auction Services, Inc. (NYSE:KAR), Carmel. KAR Auction operates worldwide vehicle auction services and provides related services that offer support, technology and logistics for the used vehicle industry. $2.6 billion.
- Kimball International, Inc. (NASDAQ:KBAL), Jasper. Kimball International, Inc. creates design driven, innovative furnishings sold through its Kimball Office, National Office Furniture, and Kimball Hospitality brands, addressing solutions for the workplace, learning, healing, and hospitality environments. $600.8 million.
- Patrick Industries, Inc. (NASDAQ:PATK), Elkhart. Patrick Industries is a major manufacturer of component products and distributor of building products and materials serving the recreational vehicle, manufactured housing and other markets. $920.3 million.
- Simon Property Group, Inc. (NYSE:SPG), Indianapolis. Simon is a global leader in retail real estate ownership, management and development and an S&P100 company. Its industry-leading retail properties in North America, Europe and Asia provide shopping experiences for millions of consumers every day. $5.3 billion.
- Thor Industries (NYSE:THO), Elkhart. Since it went public in 1984, Thor has grown both organically and through strategic acquisitions. Thor is the sole owner of operating subsidiaries that, combined, represent one of the world’s largest manufacturers of RVs. $4.0 billion.
- Wabash National Corporation (NYSE:WNC), Lafayette. Wabash is a growing, diversified industrial manufacturer and North America’s leading producer of semi-trailers and liquid transportation systems. $2.0 billion.
Information provided by the Finalists regarding competitive advantage, workplace honors and community philanthropy is available at the Indiana Public Company of the Year home page at http://www.invest-ind.com/topcompanies.html.
An independent committee comprised of the CFA Society Indianapolis and Financial Executives International - Indianapolis has been involved in the Indiana Company of the Year awards process. The metrics used to determine the Top Ten Performers were developed in 2015 by the Louisville CFA and FEI chapters for the Kentucky public company competition. Of the Top Ten performing companies, five are finalists for the Grand Award.
The awards banquet is being held at the Downtown Marriott Indianapolis. Tickets can be purchased separately for the Public Company of the Year awards at a cost of $49 each (plus service fee). Register and pay at the Eventbrite site (https://best_companies.eventbrite.com). The luncheon ceremony is included for those attending INVESTIndiana.
Held since 2008, the INVESTIndiana Equity Conference brings together the management of public companies and analysts and professional investors through individual meetings and formal presentations. Seven banks, three health-science companies and five other Indiana public companies are taking part in the event. Professional investors may attend as conference guests; use the code INVIND16NR at registration.
Crowe Horwath LLP, the public accounting, consulting and technology firm, and the law firm Ice Miller LLP are the event's title sponsors. RR Donnelley, Hays Companies, Markey's Rental & Staging, Hilliard Lyons, Mergermarket, Pro Communications, Wall Street Calendar, Wall Street Transcript and Mozaic Investor Relations are supporting sponsors. Information about the event is available from the #INVESTIndiana website.
For more information, contact: Terry McWilliams, Chairman, 317.644.0464 or firstname.lastname@example.org Beth Taylor, director, Financial Executives International, Indianapolis Chapter, 317.379,8909
Source:INVESTIndiana Equity Conference