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LSB Industries, Inc. Named to Forbes 200 Best Small Companies AGAIN
LSB Industries, Inc. has been named one of "America's 200 Best Small Companies" by Forbes magazine. LSB was ranked #41. The entire list appears in the October 14, 2009 issue of Forbes. Online access is at: http://www.forbes.com/2009/10/14/top-20-small-entrepreneurs-management-200-small-companies-09_land.html.
IEC is a subsidiary of LSB Industries. LSB Industries is listed on the NYSE (symbol LXU).
To qualify for the Forbes list of the America's 200 Best Small Companies, candidates must have annual revenue of between $5 million and $750 million, be publicly traded for at least a year and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Forbes also compared candidates' stock performance with that of its industry peers.
LSB's Chairman and Chief Executive Officer, Jack Golsen, stated, "Making the list two years in a row is an achievement we share with our entire staff because it is a result of their hard work and dedication."
LSB is a manufacturing, marketing and engineering company. LSB's principal business activities consist of the manufacture and sale of commercial and residential climate control products, such as geothermal and water source heat pumps, hydronic fan coils, large custom air handlers, the manufacture and sale of chemical products for the mining, agricultural and industrial markets, and the provision of specialized engineering services and other activities.
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