Southwire Honored as a US Best Managed Company for the Sixth Time
Southwire is thrilled to announce that it has once again been recognized as a
2025 US Best Managed Company, marking the sixth consecutive year for this prestigious accolade. This recognition is sponsored by Deloitte Private and The Wall Street Journal, celebrating outstanding private companies in the United States.
The distinction of being a Best Managed Company signifies a commitment to excellence across various business practices, including strategic planning, execution, corporate culture, financial performance, and governance. Southwire's continued recognition not only reflects its unwavering dedication to its workforce but also its focus on customers and operational efficiency through advanced technology, including artificial intelligence.
Rich Stinson, Southwire’s President and CEO, stated, "2025 marks a milestone for Southwire – our 75th anniversary. As we enhance our efforts to be an extraordinary place to work, this award is a testament to those endeavors. Earning this distinction for the sixth year illustrates the commitment and hard work of our exceptional team members, which drives our success. It's an exciting time for the electrical industry, and even more so for Southwire. Our aim is to remain generationally sustainable for the next century and beyond, ensuring we continue to serve our customers and communities effectively."
The selection process for the Best Managed Companies involves evaluation by a panel of external judges who look at four main areas: strategy, execution capability, corporate culture, and governance/financial performance. This rigorous assessment not only highlights Southwire’s credible management practices but also positions them within a global network of honorees from over 44 countries, recognized for their similar attributes.
Guyton Cochran, Southwire's Executive Vice President and CFO, added, "It’s a great honor to receive this award. This recognition stems from our collective efforts and is something that the entire organization can take pride in. We are profoundly thankful for the commitment and diligence our team members show daily that enables us to achieve milestones like this."
The Best Managed Companies program is recognized internationally and is sought after by private companies. In the United States, qualification requires businesses to generate at least $250 million in revenue. Thousands of private companies worldwide compete for this designation, undergoing a stringent and independent evaluation process assessing their management practices and capabilities across four critical criteria.
For more than seven decades,
Southwire Company, LLC has established itself as a leader in the wire and cable manufacturing industry in North America. With an impressive revenue of
$8.4 billion, the organization harnesses the talent and effort of over
9,000 team members across the globe, all working together under the ethos of ONE Southwire. Their product offerings range from building wire and cable to various utility products and field support services.
As Southwire celebrates this incredible honor, it reaffirms its commitment to innovation, sustainability, and community responsibility. For those interested in staying updated with the latest news from Southwire, additional information can be accessed through their
official newsroom.
In an ever-evolving business landscape, the continuous recognition of Southwire as a Best Managed Company reaffirms its strong operational strategies, its passion for fostering a positive corporate culture, and its dedication to sustainable growth, setting a commendable example for the industry at large.