Foth awarded distinguished performer award for innovation and ranks on Deloitte’s 2022 Wisconsin 75™
Attributes success to spirit of innovation, dedicated employee-members, and partner clients.
Foth announces that it ranked No. 64 on Deloitte’s Wisconsin 75™, a ranking of the 75 largest private companies in Wisconsin, based on sales revenue.
Foth also achieved a distinguished performer award in the innovation category, which recognizes an individual or company whose new product and/or service, business process, or technology have positively impacted how an organization is able to work, do business, or serve customers.
Foth’s chief executive officer, Randy Homel, credits an engrained spirit of innovation, diverse service offerings, and strategic use of technology with the company’s accomplishment. He said, “The engineering profession has evolved immensely over Foth’s 84+ years, and we’ve been at the forefront. Our culture is primed for innovation. It starts with our employee members who consistently ask why, why not, and how can we improve? And it requires clients to accompany us on a journey of possibility.”
“For the 20th year, Deloitte is proud to recognize the economic and community impact of the largest 75 private companies in Wisconsin — the Wisconsin 75. This year we will not only celebrate the individual successes of each of these organizations, but also the collective impact of private companies in powering Wisconsin’s economy and community,” said PJ DiStefano, Wisconsin managing partner of Deloitte LLP.
About Deloitte’s 2022 Wisconsin 75
Deloitte’s annual Wisconsin 75 list salutes the largest privately held Wisconsin-based companies. These companies play a key role in the state’s economy. Wisconsin 75 award winners are selected based on annual sales revenue.
To be eligible for Deloitte’s Wisconsin 75 recognition, companies must have a majority ownership by an individual(s), family, employee stock ownership plan, or private equity firm. Public companies are eligible when greater than 50 percent of the value or vote of the shares are owned by individuals, family, an employee stock ownership plan, or private equity. Additionally, companies must have annual sales revenue of at least USD 50,000. The Wisconsin 75 excludes cooperatives and accounting, tax, legal, and consulting service companies.