October 10, 2014 — 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,” Steve Ryan, Standard Process vice president of finance, said. “Our continuous placement on the list is a true indication of how hard our employees work to create high-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 healthcare professionals. Founded in 1929 by Dr. Royal Lee, the company 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 Oct. 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.
Source: Standard Process Inc.