Standard Textile Recognized as a U.S. Best-Managed Company
TRSA supplier partner Standard Textile, Cincinnati, recently was selected as a 2021 U.S. Best-Managed Company. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams, according to a news release.
The 2021 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their employees and fostering a dynamic, resilient culture, as well as strong financials – all while facing the uncertainty of the COVID-19 pandemic. Despite major challenges and immense pressure, the selected companies continued to lead with purpose and the vision to make significant contributions to their industries, communities, workforces and the economy.
“I am very proud that Standard Textile has been selected as a 2021 U.S. Best-Managed Company,” said Gary Heiman, president and CEO of Standard Textile. “In 2020, during a year of uncertainty, our leadership team and associates came together as a One Standard team to ensure our communities had continuous access to essential supplies needed to safeguard the health of clinicians, patients and their families. This recognition speaks to the team’s extraordinary commitment to doing what is best for our customers and our communities.”
In March 2020, Standard Textile restructured its global supply chain to provide support for America’s frontline medical workers, leading an urgent charge to increase production of personal protective equipment (PPE) to provide hospitals and healthcare workers in the U.S. with additional protection against COVID-19. A collaboration between the company’s research-and-development laboratory, and its operations in Thomaston, GA; and Union, SC, resulted in rapidly developing a unique American version of a liquid-resistant, breathable and reusable cover gown for healthcare workers. In March 2021, Standard Textile was presented with the “Best Health Care and Medical Innovation” Award by Ohio Business Magazine in recognition of this effort, the release noted.
During the fall of 2020, Standard Textile launched a national program to combat homelessness called Standard Textile Cares. The company is partnering with nonprofit organizations across the U.S. that provide mobile shower services to people living either on the streets or in insufficient housing, with a goal of supporting 80,000 showers by the end of 2021. Click here to read more about this effort.
Applicants for the Best-Managed Companies program are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and financial performance. Standard Textile joins a global ecosystem of honorees from more than 30 countries recognized by the Best-Managed Companies program. For more information, visit www.usbestmanagedcompanies.com.