Water Industry News
Badger Meter Named to Forbes List of 200 Best Small Companies
October 24, 2005
MILWAUKEE--(BUSINESS WIRE)--Oct. 24, 2005--Badger Meter, Inc. (AMEX:BMI) today announced it was named one of the "200 Best Small Companies" by Forbes magazine.
"We are very pleased to receive this national recognition for our strong performance. Our focus on flow measurement and managing for the long term has generated overall increases in sales and earnings. Our shareholders have benefited as well with the substantial increase in the price of our stock and 13 years of increased dividend payments. Our inclusion as one of the "200 Best Small Companies" in the country is especially significant this year, as we celebrate our 100th anniversary," said Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter.
The Forbes magazine list of the 200 Best Small Companies is based on performance for one-year and five-year periods as measured by return on equity, ratio of debt to equity and growth in sales and earnings. The last time that Badger Meter made the Forbes list was in 1999.
Badger Meter is a leading marketer and manufacturer of flow measurement and control technology, developed both internally and with other companies, as well as the leader in providing digital connectivity to leading AMR technologies. Its products are used to measure and control the flow of liquids in a variety of applications.