Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010 - (Page E22)

Page E22 CRAIN’S DETROIT BUSINESS May 3, 2010 25 Companies to Watch: Outstate Outstate: From Page 21 Neogen Corp. Location: Lansing Revenue: $118.7 million for fiscal 2009 ended May 31. $101.4 million for the nine months ended Feb. 28. Chairman and CEO: James Herbert Why it’s one to watch: The core business of Neogen Corp. (NASDAQ: NEOG) is making sure food is safe and the animals that pro- vide it are healthy. And in a time when food-borne illnesses have made headlines, business is good. Neogen makes test kits used to detect genetic modifications, drug residues, diseases, toxins and other food-safety hazards in meat, grain, plants and food animals. It also makes drugs and vaccines used by veterinarians. The company has more than 400 employees. Perrigo Co. Location: Allegan Fiscal 2009 revenue: $2 billion Chairman, president and CEO: Joseph Papa Why it’s one to watch: Perrigo Co. (NASDAQ: PRGO) is one of the world’s largest manufacturers of over-the-counter pharmaceuticals and nutrition products for storebrand markets for customers such as Walgreens, Rite-Aid, Wal-Mart and Meijer, and it’s getting bigger. In late March, it announced an $808 million agreement to buy Gordonsville, Va.-based storebrand baby formula maker PBM Holdings Inc. The deal is expected to add about $300 million in annual sales and expand Perrigo’s international presence in countries like Mexico and China. It followed a March announcement of Perrigo’s acquisition of the leading Australian OTC store-brand supplier, Orion Laboratories Pty Ltd. Great Building. Great Rates. Last year, it received approval from the U.S. Food and Drug Administration to proceed with a 400-patient study of a device Pioneer believes will help spine surgery patients retain greater mobility. Millin started the company in 1992 with surgeon Matthew Songer. Its first Millin product was the Songer Spinal Cable System, a safer and easier-touse spinal correction system. such as Columbus, Ohio-based Bob Evans Farms Inc. It now plans a June groundbreaking for its third expansion: a 200,000-square-foot facility and water treatment facility located just north of its Holland plant. Stryker Corp. Location: Kalamazoo 2009 revenue: $6.7 billion Chairman, president and CEO: Stephen MacMillan Why it’s one to watch: Stryker Corp. (NYSE: SYK) is a giant in the $35.6 billion global orthopedics market, with 2009 revenue of about $6.7 billion. Despite a recession that saw Stryker’s revenue grow just 0.1 percent from 2008, the company’s revenue grew by double digits from 2000 to 2008. The reason can be found not only in Stryker’s global coverage — the company sells products in more than 120 countries — but also in a graying population and a sharp increase in obesity. A 2008 report by Global Industry Analysts Inc. put the 2015 market for orthopedic instrumentation at about $54.5 billion. Stryker makes everything from highly engineered metal joint replacements and spinal implants, to plates and screws that repair fractured bones, to surgical power tools, patient beds and hospital room furniture. — Profiles by Michelle Martinez Request Foods Inc. Location: Holland 2009 revenue: $180 million; $240 million expected in 2010 President: Jack DeWitt Why it’s one to watch: In 1988, DeWitt gathered a group of investors to buy the prepared entrees division of Bil Mar Foods, a turkey processor started by his father. The company had been bought by Sara Lee, but DeWitt thought the $20 million division had big potential. He was right. The company’s operations have expanded twice during the past decade, to 350,000 square feet to meet increasing demand for the more than 400 private- label frozen entrees, side dishes, sauces and desserts it makes for customers Pioneer Surgical Technology Inc. CRYSTAL GLEN • Beautifully Finished Suites From 850-16,000 SqFt • Highly Visible, Easy to Locate, Professional Class A Office Space • Many Amenities Including Café, Hair Salon, Large Tenant Conference Room, Full Service On-Site Management 39555 Orchard Hill Place, Novi, Michigan For More Information, Please Call: Dan Verderbar dan.verderbar@freg.com 248.324.2000 w w w. f r i e d m a n r e a l e s t a t e . c o m Location: Marquette 2009 revenue: $72 million President and CEO: Jeff Millin Why it’s one to watch: The backbone of Pioneer’s business is in developing spinal and orthopedic implants, but with two 2007 acquisitions it is growing a stake in biologics, or technologies that repair or regenerate damaged tissue and bone.  http://www.friedmanrealestate.com http://www.friedmanrealestate.com

Table of Contents for the Digital Edition of Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010

Crain's Detroit Business 25th Anniversary
Looking Forward
25 Companies to Watch
25 Mainstays
25 People Then and Now
25 Scandals and Dubious Deeds.
25 Philanthropic Gifts
25 Newsmakers of the Year
25 Big Stories
25 Innovations
25 Gone But Not Forgotten
Health Care
Defense
Suppliers
The Internet and Communication
Energy
Finance
Signs of the Times

Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010

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