Hankey Group is comprised of seven operating companies with over 1,800 employees, all headquartered in Los Angeles, California. Don Hankey founded six of the companies and purchased the seventh in 1988. Hankey Group’s total assets for 2012 exceed $2.2 billion.
The Hankey Group companies strive to maintain a return on equity, before tax, of 30%, and an annual growth rate of 20%. Operating with low leverage has enabled us to realize record profit margins and expand our business during the recent downturn. Hankey Group’s profit forecast for 2013 is a gain of 10%.
This gain follows profit gains of 91%, 56% and 23% in 2010, 2011 and 2012.