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IndustryWeek magazine’s list of the “50 Best Manufacturing Companies” included two builders from the recreational vehicle industry.
Winnebago Industries Inc., Forest City, Iowa, and Jackson Center, Ohio-based Thor Industries Inc. were included among the top U.S manufacturing firms, which IndustryWeek said were selected based on outstanding manufacturing and financial performance.
The report appeared in the August issue of IndustryWeek and the list can be accessed at the magazine’s website, www.industryweek.com.
“Winnebago Industries is pleased to be recognized as one of the 50 best manufacturing companies in America,” Winnebago chairman and CEO Bruce Hertzke said in a press release. “We are thrilled to receive the recognition by IndustryWeek and consider it a tribute to our entire team.”
Members of the magazine’s U.S. 500, the largest publicly traded manufacturing companies in the United States, were considered. IW selected the top performers by comparing financial performance during the past three years in six areas: revenue growth, return on equity, profit margin, asset turnover, inventory turnover and return on assets.
“When IW created the IW 50 Best Manufacturing Companies list, we set out to highlight the manufacturing companies that were the best performers across general financial metrics and more manufacturing-specific,” said Pat Panchak, editor-in-chief.