U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it has been
named to Forbes’ 35th annual list of America’s Best Small
Companies. U.S. Silica was ranked eighth out of 100 companies with
annual sales under $1 billion. The rankings are based on return on
equity, sales growth and earnings growth over the past year, as well as
the past five years. Forbes also factors in stock performance versus
each company’s peer group during the last 12 months.
Bryan Shinn, president and chief executive officer of U.S. Silica,
commented that, “We’re very pleased to be acknowledged by an
organization as prestigious as Forbes. I want to personally thank all of
our key stakeholders and especially all of our employees for their hard
work, dedication and many contributions to our current and future
success.”
He continued, “We also thank our partners and customers. With our
partners, we have created a logistics infrastructure that continues to
strengthen our oil and gas segment, our primary growth driver. This
infrastructure uses a growing portfolio of plants and transload sites on
multiple Class 1 rail lines to cost effectively provide frac sand
proppant in-basin to our customers when and where they need it in every
North American shale play. Our industrial and specialty products
customers also deserve special gratitude. Teaming with them to develop
products that meet their expanding silica needs has fueled the long-term
success of U.S. Silica’s ISP business. We thank them all for their
continued confidence and partnership.”
About U.S. Silica
U.S. Silica Holdings, Inc., a member of the Russell 2000, is one of the
largest domestic producers of commercial silica, a specialized mineral
that is a critical input into the oil and gas proppants end market. The
company also processes ground and unground silica sand for a variety of
industrial and specialty products end markets such as glass, fiberglass,
foundry molds, municipal filtration and recreational uses. During its
100-plus year history, U.S. Silica Holdings, Inc. has developed core
competencies in mining, processing, logistics and materials science that
enable it to produce and cost-effectively deliver over 250 products to
customers across these end markets. U.S. Silica Holdings, Inc. is
headquartered in Frederick, Maryland.
Copyright Business Wire 2013