MILWAUKEE, July 20, 2017 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE-AOS) today announced that it will join the S&P 500 Index prior to the opening of trading on Wednesday, July 26.
"Inclusion in the S&P 500 Index is a significant milestone in our rich 143 year history," noted Ajita G. Rajendra, chairman and chief executive officer. "We are honored to join this prestigious group of U.S. companies."
The S&P 500 index is widely regarded as the best single gauge of large-cap U.S. equities. A. O. Smith Corporation will be added to the GICS Building Products Sub-Industry index.
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world's leading manufacturers of residential and commercial water heating equipment, as well as a manufacturer of water treatment and air purification products. For more information visit www.aosmith.com.
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SOURCE A. O. Smith Corporation