Geosynthetic lining producer GSE joins Russell 2000 Index
April 04, 2012 - United States Of America
GSE Holding Inc joined the Russell 2000 Index, the most common benchmark for small cap mutual funds.
"We are excited to be included in the Russell 2000 Index. We believe that this will broaden our market exposure and bring long-term value to our shareholders," said Mark Arnold, GSE President and CEO.
GSE is a global manufacturer and marketer of geosynthetic lining solutions, products and services used in the containment and management of solids, liquids, and gases for organizations engaged in waste management, mining, water, wastewater, and aquaculture.
GSE has a long history of manufacturing quality geosynthetic lining systems and developing innovative products. The company's principal products are polyethylene-based geomembranes, geonets, geocomposites, geosynthetic clay liners, concrete protection liners and vertical barriers.
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 is a subset of the Russell 3000 Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.