Patrick Named Indiana Public Company of the Year

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INVESTIndiana has named Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) as its 2016 Indiana Public Company of the Year. The company received the honor Thursday at the INVESTIndiana Equity Conference.

Drew Industries Inc. (NYSE: DW), also based in Elkhart was the runner-up, followed by Indianapolis-based Angie's List Inc. (Nasdaq: ANGI). INVESTIndiana determined the winner through based on criteria including returns on assets and equity, revenue growth, market performance and total return over two years.

The organization says Patrick Industries generated $920 million in revenues last year while employing 4,800 people in more than 60 facilities in 16 states. The company has made 29 acquisitions between 2010 and 2016, including Tennessee-based BH Electronics Inc., which was announced last month

Both Patrick and Drew were included in the Fortune Fastest-Growing ­Companies top 100 list. 

The remaining companies ranked in the top 10, in order, for the Public Company of the Year award include:

  • Thor Industries Inc. (NYSE: THO) - Elkhart 
  • Wabash National Corp. (NYSE: WNC) - Lafayette
  • Kimball International, Inc. (NASDAQ: KBAL) - Jasper
  • KAR Auction Services, Inc. (NYSE: KAR) - Carmel
  • Simon Property Group, Inc. (NYSE: SPG) - Indianapolis 
  • First Internet Bancorp (NASDAQ: INBK) - Fishers
  • Berry Plastics Group, Inc. (NYSE: BERY) - Evansville

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