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Area manufacturers lead list of market cap gainers; NE Ohio giants National City, Progressive also post increases.(Special Report)
Crain's Cleveland Business, May, 2006 by SUTTELL, SCOTT
Byline: SCOTT SUTTELL Everyone knows manufacturing is dead. Isn't it? That might be the impression in some corners of the business world, but you'd have a hard time believing it from looking at Northeast Ohio's top-performing companies based on their changes in market value during the last 12 months.
It was a good year for most every public company in the region, regardless of their industry segment. Of the 59 companies that appeared on the Crain's Cleveland Business list of largest public companies in both 2005 and 2006, 48, or 81%, saw their market capitalizations rise for the 12-month period that ended April 28, 2006. Thirty-nine of the past year's gainers posted double-digit increases, and 16 of them saw market caps rise by more than 50%. The...
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