Business News
Jarden Rises 50 Spots On Fortune 500 List
Tuesday 21. April 2009 - arden Corporation (NYSE: JAH) announced today that it has been recognized for the second consecutive year on Fortune Magazine's Fortune 500 annual listing of America's largest corporations.
Rising 50 positions on the list this year, Jarden ranked #442, up from #492 in 2008 which was the company’s inaugural inclusion in the prestigious rankings. For the year ended December 31, 2008, Jarden’s net sales increased 16% to $5.4 billion compared to $4.7 billion in 2007.
“Our position on this most prestigious list of America’s largest companies reflects the strength of our defensible business strategy, our diversified portfolio of niche market leading brands and our ability to perform, especially in challenging economic times,” said Martin E. Franklin, Chairman and Chief Executive Officer of Jarden Corporation. “We are proud of our achievements in 2008 and look forward to continuing to drive growth as a global leader in the consumer products sector.”
The list is featured in the May 4th issue of Fortune Magazine, which appears on newsstands on April 27th.