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LORD Corp. recently announced it has been ranked No. 22 on Triangle Business Journal’s 2012 Fast 50 Award list. An acknowledgment of the fastest-growing privately held companies in the Triangle region of North Carolina, the Fast 50 winners were reportedly selected and ranked on a formula that analyzes revenue growth and profitability over the previous three years. The winning companies are also evaluated on their contributions to the growth and success of the community.
“The Triangle Business Journal’s Fast 50 Awards is an outstanding way to recognize ongoing entrepreneurial excellence and leadership among local companies,” said Rick McNeel, chairman, president, and CEO of LORD. “LORD is honored to be recognized among the Fast 50 recipients, who have all led the Triangle in job growth and economic stability.”
With LORD’s full-time global employment increasing by 220 over the last 12 months, McNeel reportedly expects the company to continue to grow employment on a global basis over the next year. “The economic climate over the past three years has been challenging, and it is a testament to the hard work of LORD leadership and employees that we have not only maintained as an industry, but have excelled and prospered,” said McNeel. “We anticipate a continuing challenging global economic environment in 2013.”
For additional information, visit www.lord.com or www.bizjournals.com/triangle/news/2012/09/25/fast-50.html.