KMG Chemicals, a global provider of specialty chemicals in niche markets, announced that for the second consecutive year, it has been named one of "America's 200 Best Small Companies" by Forbes magazine. KMG was ranked No. 167.
The entire list appears in the Oct. 27 issue of Forbes. To qualify for the Forbes list, candidates must have sales of between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. Forbes also compared candidates' stock performance with that of its industry peers.
KMG's President & CEO Neal Butler said, "We are very honored to be recognized as one of 'America's Best 200 Small Companies.' This ranking reflects the hard work, dedication and commitment of every employee at KMG Chemicals. Our challenge going forward is to continue to grow KMG and maximize investor return. It is a commitment that drives our long range strategies and day to day operational activities."
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