MIAMI and HOLLYWOOD, Fla., June 15, 2015 (GLOBE NEWSWIRE) -- Forbes Magazine has again named HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) one of the "100 Most Innovative Growth Companies" for 2015, marking 10 awards in 10 years for the rapidly growing aviation, defense, space and electronics company.
"We are honored that HEICO has been recognized by Forbes for another year. HEICO's hardworking and dedicated team of over 4,500 people, is the driving force that continues to lead the company to our great successes and milestones. Achievements like this are made possible by a strong focus on organic and innovative growth strategies," said Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer and Co-Presidents, Eric A. Mendelson and Victor H. Mendelson.
HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and overhaul shops as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at http://www.heico.com.
The Company has two classes of common stock traded on the NYSE. Both classes, the Class A Common Stock (HEI.A) and the Common Stock (HEI), are virtually identical in all economic respects. The only difference between the share classes is the voting rights. The Class A Common Stock (HEI.A) receives 1/10 vote per share and the Common Stock (HEI) receives one vote per share. The stock symbols for HEICO's two classes of common stock on most web sites are HEI.A and HEI. However, some web sites change HEICO's Class A Common Stock symbol (HEI.A) to HEI/A or HEIa.