Four of the association’s converter members were honored for Management Excellence at the TLMI Converter Meeting in New Mexico.
At the recent in-person TLMI Converter Meeting held in Santa Ana Pueblo, NM, TLMI announced the winners of this year’s Eugene Singer Award for Management Excellence. The award remains one of the industry’s most prestigious and coveted honors, recognizing excellence in business management measured and defined by an established set of growth and profitability ratios through participation in the TLMI Management Ratio Study.
To be considered for the Singer award, TLMI member converters submit a series of growth and profitability metrics to TLMI’s partner firm, Industry Insights.
Greg Manns, senior vice president of industry insights, states, “The 11 factors and metrics that determine the Singer award winners are a very well-rounded representation of a company’s overall financial health. The winning firms are most effective at growing their business while maintaining strong expense management.”
TLMI member converters throughout the United States and Canada participate in the Ratio Study, however only one company in each of the four size-range categories are awarded the Eugene Singer honor each year. This year, the awards were given to the following companies:
- Fountain Valley, CA-based Coast Label Co., won in the small company category for the sixth time.
- Portland, OR-based CleanMark Labels won for the mid-range company category. This is the company’s sixth time winning the Eugene Singer Award.
- Lakewood, NJ-based Luminer Converting Group won for the medium company category. This is Luminer’s second time winning the Eugene Singer Award.
- De Pere, WI-based Belmark won for the large company category. This is Belmark’s twelfth time winning the Eugene Singer Award.
TLMI’s president, Linnea Keen, comments, “I would like to personally congratulate each and every one of this year’s Eugene Singer award winners. 2021 was a year of continued uncertainty and extreme supply chain and workforce challenges, and to be awarded this honor given the circumstances our industry, and our world, have weathered over the past year is truly an achievement worth recognizing and celebrating. The TLMI Ratio Study is the only industry initiative of its kind and remains one of the association’s greatest resources for our members.