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Attributes success to its staff and the diversification of its activities.
BROOKFIELD, Wis., October 11, 2022 /PRNewswire/ — Hydrite today announced that it ranked 37th on the Deloitte Index Wisconsin 75™, a ranking of the 75 largest private companies in Wisconsinbased on turnover.
Chairman and CEO of Hydrite, Paul Honkamp, attributes the company’s success to employees and business diversification. He said: “As Deloitte marks the 20th anniversary of the Wisconsin 75 years old, Hydrite is honored to be ranked 17th over 20 years. Hydrite is a stable and secure company, as we focus on operational excellence and security, as well as reinvesting in our business. We also strive to be an employer of choice. All of these are critical to our success.”
“For the 20th year, Deloitte is proud to recognize the economic and community impact of the 75 largest private companies in the Wisconsin -the Wisconsin 75. This year, we will celebrate not only the individual successes of each of these organizations, but also the collective impact of private enterprise from Wisconsin economy and community,” said PJ DiStefano, Wisconsin Managing Partner of Deloitte LLP.
Hydrite previously ranked 39 on the Wisconsin 75 and has been on the list 17 times.
About Deloitte’s Wisconsin 75 2022
Deloitte Annual Wisconsin 75 list hails the largest private company Wisconsinbased companies. These companies play a key role in the state’s economy. Wisconsin 75 winners are selected based on annual revenue.
To qualify for Deloitte Wisconsin 75 recognition, companies must be majority-owned by one or more individuals, a family, an employee stock ownership plan, or a private equity firm. Public companies are eligible when more than 50% of the value or voting rights of the shares are held by individuals, family, employee stock ownership plan or private equity. In addition, companies must have an annual turnover of at least $50,000. The Wisconsin 75 excludes co-operatives and accounting, tax, legal and consulting services companies.
About hydrite
Hydrite, a family business established in 1929, is one of the largest independent suppliers of chemical products and related services in the United States. Based at Brookfield, Wis.Hydrite has a network of manufacturing plants, warehouses and laboratories located in Illinois, Wisconsin, Iowa, Indiana, Californiaand Texas with nearly 1,000 employees in over 25 states. Hydrite owns and operates a private fleet of over 255 units, including tractors, box trailers, tankers and wagons.
Hydrite offers expertise in chemical manufacturing and distribution, food and dairy sanitization, organic processing, liquid sulphites, foam control and water treatment chemicals. With over 5,000 items in its product portfolio, Hydrate’s dedicated chemists, engineers and technical service personnel have the depth of knowledge and experience to solve the toughest formulation problems. Hydrite offers superior products and innovative solutions, and has a strong commitment to safety and quality. www.hydrite.com
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In United StatesDeloitte refers to one or more of the U.S. member firms of DTTL, their related entities that operate under the name “Deloitte” in United States and their respective subsidiaries. Certain services may not be available to certify clients under public accounting rules and regulations. please look www.deloitte.com/about to learn more about our global network of member firms.
Media Contact: Judy Allen [email protected]
SOURCEHydrite
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