American Power Conversion Included in Fortune's Largest Companies RankingApril 11, 2000 by Jeff Shepard
American Power Conversion Corp. (APC, West Kingston, RI) has made its debut in Fortune magazine's ranking of the 1,000 largest companies. The company topped out 1999 with $1.3 billion in revenues placing the company at Number 929.
“The fact that a company that manufactures and markets power-protection equipment made it to the Fortune 1,000 sends a strong message about the success APC has had in addressing the growing demand for solutions that enhance the availability of computer systems," stated APC President and CEO Rodger B. Dowdell Jr.
APC was also recognized in the Forbes 500 list of the most profitable US companies for the second year in a row. APC improved its ranking from Number 458 in 1998 to Number 413 in 1999.