Ball Corp. of Broomfield appears to be off the “A” list after years of being picked among the “most admired” companies by Fortune magazine. But it was through no fault of Ball, which has been on Fortune’s packaging companies list since at least 2002.
It seems Ball’s category, “packaging, containers” was eliminated, a move Fortune blames on economizing.
“We had to pare back industries this year to contain costs. Packaging, containers was an industry that was cut this year,” L. Michael Cacace, Fortune’s senior list editor, told Ball officials in a statement.
But Cacace held out hope, saying, “Industries that were not in this year may be in next year on a rotating or combined basis.”
Ball folks were puzzled more than crushed.
“We don’t put much stock in being included on lists — they are like statistics in that they depend on the variables,” spokesman Scott McCarty said. “But an explanation would have been more clear for readers.” Ann Schrader, The Denver Post
