Indiana companies ‘most admired’ in respective industries
By Dan McGowan | Inside INdiana Business
Three Indiana companies are included with their peers on an annual World's Most Admired Companies list. Compiled by FORTUNE, the list includes 680 companies from a pool of around 1,500 candidates globally. Survey results from 3,900 executives, directors and securities analysts are used to determine 50 "All-Stars," which ranked in the top 25 percent of last year's surveys and in the top 20 percent of their industry.
Though no Indiana company was in the top 50 overall, Columbus-based Cummins Inc. (NYSE: CMI), Indianapolis-based Simon Property Group Inc. (NYSE: SPG) and Steel Dynamics Inc. (Nasdaq: STLD) are listed in industry categories. Cummins was sixth in Industrial Machinery, down from second last year. Simon was third in real estate, down from first last year. Steel Dynamics was second in Metals in 2018 after not being ranked in the category in 2017.
Steel Dynamics Chief Executive Officer Mark Millett says "we are honored and humbled by this recognition. Our recognition is testimony to the strong character and determination of our employees. It is their dedication and passion for excellence that propels Steel Dynamics to the highest standard of operational and financial performance. I thank each one, and remind them, that safety is always the top priority."
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