American Italian Pasta Company Joins Russell 2000 Index
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KANSAS CITY, MO, Jun 30 (MARKET WIRE) --
American Italian Pasta Company (NASDAQ: AIPC), the largest producer of
dry pasta in North America, today announced that it has been added to the
Russell 2000 Index. The Russell 2000, a subset of the Russell Global
Index, is a barometer of U.S. small-cap equity performance.
"Membership in the Russell indexes represents another milestone in the
AIPC story," said Jack Kelly, AIPC's president and CEO. "It recognizes the
significant jump in American Italian Pasta Company's market capitalization
over the past year. The listing also provides another level of market
visibility for the company."
Membership in the small-cap Russell 2000 Index also means automatic
inclusion in the larger Russell 3000 and Global indexes. Russell
formulates its equity indexes based on investment objectives,
market-capitalization rankings and investment style attributes. AIPC is
part of Russell's "consumer staples" equity segment. Information about the
Russell Indexes is available at www.russell.com.
ABOUT AIPC
Founded in 1988 and based in Kansas City, Missouri, American Italian Pasta
Company is the largest producer of dry pasta in North America. The Company
has four plants that are located in Excelsior Springs, Missouri; Columbia,
South Carolina; Tolleson, Arizona and Verolanuova, Italy. The Company has
approximately 650 employees located in the United States and Italy.
Contact:
Paul R. Geist
EVP & Chief Financial Officer
816-584-5228
Email Contact
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