Standard Process Inc. Ranks in List of Top Privately Held Companies

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Seven straight appearances for the supplement maker on the annual listing

Standard Process Inc., No. 64 on the list of Wisconsin’s top 75 privately held companies, employs more than 320 people at its corporate headquarters in Palmyra, Wisconsin.

Our continuous placement on the list is a true indication of how hard our employees work to create hiqh quality products, and how much our customers and their patients value the health benefits nutritional supplements can provide.”

Accounting and business consulting firm Deloitte Touche has named Standard Process Inc. to its Wisconsin 75 list which acknowledges the leadership and fortitude of privately held and closely held companies. For its seventh consecutive appearance on the list, Standard Process is No. 64 among the state’s top privately held companies.

“Being named as a top company in Wisconsin for a seventh time is exceptional,” said Steve Ryan, Standard Process vice president of finance. “Our continuous placement on the list is a true indication of how hard our employees work to create hiqh quality products, and how much our customers and their patients value the health benefits nutritional supplements can provide.”

To qualify for the list, companies must be headquartered in Wisconsin; have a minimum of $50 million in annual sales revenue; and be majority owned by an individual(s), family, or employee stock ownership plan. Qualifying companies are then ranked by revenue.

Celebrating 85 years in business this year, Standard Process remains committed to its mission to improve the quality of life by providing safe, effective, high quality dietary supplements through health care professionals. Founded in 1929 by Dr. Royal Lee, Standard Process is in its third generation of family ownership and employs more than 320 people at its Palmyra-based corporate headquarters and organic farm.

Standard Process and the other ranked companies were recognized during an October 8 breakfast and awards ceremony hosted by Deloitte and co-sponsored by the Milwaukee Journal Sentinel at Pier Wisconsin in Milwaukee. Marc Lasry, the new co-owner of the Milwaukee Bucks and chairman, chief executive officer and co-founder of Avenue Capital Group, was the ceremony’s keynote speaker.

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About Standard Process Inc.

For 85 years, Standard Process has been dedicated to the field of nutritional supplements and the whole food philosophy introduced by its founder, Dr. Royal Lee. Standard Process, headquartered in Palmyra, Wis., offers more than 300 high-quality supplements with whole food ingredients through three product lines: Standard Process whole food supplements, Standard Process Veterinary Formulas and MediHerb herbal supplements. The products are available only through health care professionals.

To ensure its supplements are of the utmost quality, Standard Process grows the majority of its ingredients on company-owned, organically certified farmland. To retain vital nutrients within each ingredient, the company uses exclusive manufacturing processes and employs high quality control standards, including adhering to the Food and Drug Administration’s good manufacturing practice requirements.

In 2014, Standard Process launched Cultivate by Standard Process, a new business which provides corporate wellness offerings to other companies. Cultivate works to assess and then deliver scalable wellness solutions to impact individual employees and the overall company using onsite chiropractic as a central component of the program.

Standard Process has been named a Top Workplace in Southeastern Wisconsin multiple times and is a member of the Inc. 5000 Honor Roll. For additional information about Standard Process, visit standardprocess.com.

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Karren Jeske, APR
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