VPT Parent Company, HEICO, Listed as One of 100 Best Small Companies by Forbes
November 11, 2011
For the sixth consecutive year, VPT's parent company HEICO (NYSE: HEI) has been named to Forbes' annual "Best 200 Small Companies" list. This is the second year that HEICO has been spotlighted in the top 100.
Laurans A. Mendelson, HEICO's Chairman, and Chief Executive Officer, remarked, "We are honored and pleased that Forbes has bestowed this recognition on our Company. As in previous years, our outstanding Team Members continue to be the reason behind our success."
Mr. Mendelson added, "Through the dedication and efforts of the HEICO Team Members, we have achieved a significant growth record, with compound annual growth rates since 1990 in sales and earnings of 17% and 18%, respectively, and in stock price of 21%."
