KMG Chemicals Named to Forbes List of America’s 200
Best Small Companies
HOUSTON--(BUSINESS WIRE)--
KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider of
specialty chemicals in niche markets, today announced that
for the second consecutive year, it has been named one of
“America's 200 Best Small Companies” by Forbesmagazine. KMG
was ranked #167. The entire list appears in the October 27,
2008 issue of Forbes. Online access is at:http://www.forbes.com/lists/2008/23/biz_200smalls08_The-200-Best-Small-Companies_Company_5.html
To qualify for the Forbes
list, candidates must have sales of between $5 million and
$750 million and a stock price of $5 as of Sept. 29. The
ranking is based on return on equity, sales growth and
profit growth over the past 12 months and also over five
years. Forbes also compared candidates’ stock performance
with that of its industry peers.
KMG’s President & CEO Neal
Butler said, “We are very honored to be recognized as one of
‘America’s Best 200 Small Companies’. This ranking reflects
the hard work, dedication and commitment of every employee
at KMG Chemicals. Our challenge going forward is to continue
to grow KMG and maximize investor return. It is a commitment
that drives our long range strategies and day to day
operational activities.”
About KMG
KMG Chemicals, Inc., through its subsidiaries, produces
and distributes specialty chemicals to niche markets. The
Company grows by acquiring and optimizing stable chemical
product lines and businesses with established production
processes. Its current operations are focused on the wood
treatment, electronic, and agricultural chemical markets.
For more information, visit the Company's web site at
www.kmgchemicals.com.
Contacts
KMG Chemicals, Inc.
John V. Sobchak, 713-600-3814
Chief Financial Officer
JSobchak@kmgchemicals.com
www.kmgchemicals.com
or
Investor Relations Counsel:
The Equity Group Inc.
Melissa Dixon, 212-836-9613
MDixon@equityny.com
or
Linda Latman, 212-836-9609
LLatman@equityny.com
www.theequitygroup.com
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