Based in the United States, textile manufacturer Standard Textile has been selected as the Best Managed Company in 2022 by a program sponsored by Deloitte Private and The Wall Street Journal.
The program recognizes outstanding US private companies and the achievements of their management teams.
The 2022 designees are US private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, and fostering a dynamic, resilient culture, as well as strong financials.
The program says this year’s designees continued to propel their businesses forward by prioritizing purpose, investing in their workforces, and demonstrating their commitment to diversity, equity and inclusion.
This is the second consecutive year that Standard Textile has received the Best Managed Company distinction.
Throughout the pandemic, Standard Textile has continued to put a strong focus on its purpose to inspire care, comfort and change in communities. In 2021, the company met its goal of supporting 80,000 showers by year-end through Standard Textile Cares, its national program to combat homelessness.
Standard Textile partnered with nonprofit organizations across the United States that provide mobile shower services to people dealing with homelessness or insufficient housing, donating thousands of bath towels, washcloths, shower curtains and blankets to support an estimated 80,200 showers annually.
