Richmond, VA (PRWEB) August 06, 2012
NewMarket Corporation honored as eighth best U.S. manufacturer by IndustryWeek in its 2012 ranking of the highest performing public manufacturing companies.
The magazine assembles this list by each company’s monetary performance in six areas during the previous three-years. The considerations for ranking include: Inventory turns, profit margin, asset returns, return on assets, return on equity and revenue growth.
The previous year makes up 50% of the calculation, 30% is 2010 and the final 20% comes from 2009. The rest of the list can be viewed on the IndustryWeek website.
NewMarket Corporation through its subsidiaries, Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated chemical blends to market-general additive components, the NewMarket family of companies provides the world with the technology to make fuels burn cleaner, engines run smoother and machines last longer.