Copart moves up in ranking of best small companies

Copart moves up in ranking of best small companies
Daily Republic staff | | October 10, 2008

FAIRFIELD - Forbes magazine has again ranked Copart among the top 200 small companies in the country, marking the ninth consecutive year that the Fairfield-based company has earned such recognition.

Copart ranked 79th on Forbes' list, which was released Wednesday, after being No. 140 in 2007.

'Copart continues to stay on top because we continue to be change-centric in order to meet the demands of a changing world and improve our products and services,' company President Jay Adair stated in a press release.

The ranking is based on a company's sales and profit growth over the past 12 months and also over five years, as well as its return on equity.