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Oklahoma Inc.: Manufacturing sector holds its own in this year's ratings

Two of top 10 are manufacturers
by Paula Burkes Published: November 3, 2013

Though energy companies account for 28 of Oklahoma's 37 publicly traded companies, their few manufacturing counterparts more than held their own in this year's Oklahoma Inc. — as the only non-energy companies to break into the top 10.

Tulsa-based AAON Inc. — which makes industrial and commercial air conditioning and heating equipment primarily for the U.S. and Canada — shot to No. 3 from No. 25 last year, while Pryor-based Orchids Paper Products Co. — which makes toilet paper, towels and napkins that are sold largely regionally — claimed the No. 9 spot, down six spaces from last year.

Oklahoma City-based LSB Industries Inc. — which produces climate control devices and chemicals for mining and agriculture, for clients in Canada, the Middle East, Mexico, Central and South America, Europe, and South and East Asia — slipped to No. 36 from No. 32 last year, after taking the No. 1 spot in 2011.

The three manufacturers' gains in earnings per share ranged from 59.5 percent to 13.9 percent to a negative 66 percent, respectively.

Two other Oklahoma manufacturing companies that are ranked on the over-the-counter list had a mixed bag on Oklahoma Inc.

Tulsa-based recyclable plastic pallet manufacturer Greystone Logistics posted a gain in earnings per share of 60 percent, but Webco Industries Inc. — a Sand Springs company that makes carbon steel, stainless steel and other metal tubular products for various industries — posted a 13.9 percent drop in share price.

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by Paula Burkes
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
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