Media ups PowerSouth rankings

Published 12:00 am Tuesday, January 19, 2010

PowerSouth Energy Cooperative rose on two rankings released by state and national media in recent weeks.

Business Alabama magazine, based in Mobile, compiled a list of the state’s 100 largest privately owned companies, and PowerSouth rose in rank from 16 in 2008 to 8 in 2009. Additionally, the National Consumer Cooperative Bank (NCB) ranked PowerSouth 73 in its top 100 cooperatives in America for 2009, compared to PowerSouth’s 75th ranking on NCB’s 2008 list.

The Business Alabama listing was compiled using information provided by Standard & Poor’s and Dunn & Bradstreet, both providers of credit information on businesses.

Each year the NCB announces the top 100 cooperatives in America, highlighting the business activity and economic power of the member-owned, member controlled businesses.