PolyOne Earns Recognition Among Leading Manufacturing Companies
CLEVELAND, Oct. 15, 2012 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, recently received positive recognition in two leading business publications.
IndustryWeek magazine ranked PolyOne 28th in its Top 50 Manufacturing Companies list for 2012. According to IndustryWeek, this annual listing is compiled based on companies' financial performance in six key areas over a three-year period, including inventory turns, profit margin, asset turns, return on assets, return on equity, and revenue growth.
The complete list, along with accompanying company profiles, can be viewed at www.industryweek.com.
PolyOne was also prominently listed in a recent article in CFO Magazine that focused on trends in working capital. According to the article, REL Consulting surveyed 1,000 of the largest public companies in the United States. The resulting "2012 CFO/REL Working Capital Scorecard" ranked PolyOne as "Best in Industry," along with two other companies in the chemical sector.
The article and accompanying scorecard is available at www.cfo.com.
"It's encouraging to be recognized for our operational performance, especially when judged among our specialty peers and other leading manufacturing companies," said Stephen D. Newlin, chairman, president and chief executive officer, PolyOne Corporation. "PolyOne's success has been achieved while concurrently delivering operational excellence and exceptional customer service levels. Our global associates, who have built a culture that thrives on continuous improvement, deserve the credit."
PolyOne Corporation, with 2011 revenues of $2.9 billion, is a premier provider of specialized polymer materials, services and solutions. The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence. Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM, PolyOne is committed to its customers, employees, communities and shareholders through ethical, sustainable and fiscally responsible principles. For more information, visit www.polyone.com.
SOURCE PolyOne Corporation