Headquartered in 12500 TI Blvd.
Dallas TX, United States 75243
As one of the world’s largest semiconductor companies with over 31,000 employees in more than 35 countries, Texas Instruments has been leading innovation for more than 80 years.
With the industry’s broadest portfolio of more than 100,000 analog and embedded processing products, software and tools, TI offers complete solutions for the consumer, transportation, industrial, communications, and computing industries.
Innovating a better world is not only what we do, it’s the core of who we are. From developing leading-edge technologies and practicing responsible manufacturing to caring for our employees and communities, innovating a better world is in our DNA.
TI is continually recognized as a 'best place to work' - offering a creative and friendly work environment, a variety of assignments, and extensive professional development & training opportunities.
Through cutting-edge science and medicine, Biogen discovers, develops and delivers worldwide innovative therapies for people living with serious neurological and neurodegenerative diseases. Founded in 1978, Biogen is a pioneer in biotechnology and today has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first and only approved treatment for spinal muscular atrophy and is at the forefront of neurology research for conditions including Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis. Biogen also manufactures and commercializes biosimilars of advanced biologics.
With more than 7,000 people worldwide, Biogen is truly a global organization. We are headquartered in Cambridge, Massachusetts, which is home to our research operations. Our international operations are based in Zug, Switzerland and we have world-class manufacturing facilities in North Carolina and Denmark. With a strong affiliate presence and a network of distribution partners, Biogen has established a global footprint that allows us to capture the greatest value for the products we develop.
All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.more »
Headquartered in 8687 UNITED PLAZA BLVD
BATON ROUGE, LA 70809
Turner Industries employees build, maintain and service the nation’s heavy industrial sector helping make the life we live possible by supporting the companies that produce fuel, energy, and products essential to our daily existence. Since 1961, Turner has steadily worked to provide one solution for our clients success. To do this we find, develop and support the very best people for the jobs we perform throughout our four divisions: Construction; Maintenance and Turnarounds; Fabrication; and Equipment and Specialty Services.
Turner Industries has facilities in Port Allen, Sulphur and New Orleans, Louisiana; Houston, Beaumont, Corpus Christi and Paris, Texas; and Decatur, Alabama, and works throughout the United States and abroad. Serving the Petrochemical, Chemical, Refining, Energy, Power Generation, Pulp & Paper and related industries, Turner Industries has built its reputation as a world class industrial contractor on safety, integrity, reliability, and project execution. Client recognition of our performance has consistently ranked us among the top industrial construction and maintenance service companies. We do a lot of things, but all with one purpose - helping our clients become more successful.more »
Headquartered in 3050 Bowers Avenue
P.O. Box 58039
Santa Clara, CA 95054-8039
Computers and Electronics
Applied Materials, Inc. is the global leader in materials engineering solutions for the semiconductor, flat panel display and solar photovoltaic (PV) industries. Our technologies help make innovations like smartphones, flat screen TVs and solar panels more affordable and accessible to consumers and businesses around the world.
Headquartered in 5301 Stevens Creek Blvd
Santa Clara, CA 95051
Agilent is recognized as #1 in analytical labs & chosen diagnostics segments. We are passionate and driven to lead, win, and grow as One Agilent. We focus intensely on our customers, acting as owners, innovating and simplifying with urgency. We welcome feedback, recognize our successes and continuously develop.
We're a business united by science and the benefits it can bring to the world. We provide life science, diagnostic and applied market laboratories worldwide with instruments, services, consumables, applications and expertise. Agilent enables customers to gain the answers and insights they seek -- so they can do what they do best: improve the world around us.more »
Headquartered in 1 Centennial Ave.
Piscataway NJ, United States 08855
Trane runs hot and cold. The subsidiary of Ingersoll-Rand supplies heating, ventilation, and air conditioning systems to both the residential and commercial markets around the world. Trane specializes in designing massive commercial systems that heat and cool big buildings such as Beijing's World Trade Center and Toronto's Skydome. Its residential products are sold under the Trane and American Standard brands. Other products include chillers, air handlers and terminal devices, and thermostats. Trane also makes energy-efficient systems and filtered air systems that remove allergens and dust. The company sells its products through sales offices and dealers around the world.
Trane does business through 400 locations in more than 100 countries. It has around 30 manufacturing plants in places such as the US, Brazil, China, Egypt, Europe, Mexico, and Asia.
The combination of Ingersoll Rand and Trane in 2008 created a giant in the climate control industry, with Trane products adding to Ingersoll-Rand's existing brands that include Thermo-King. In light of the economic downturn, which led to lower residential and commercial construction, Ingersoll Rand restructured its manufacturing operations in order to cut costs. As a result, hundreds of jobs were cut at Trane plants.
Shortly before it was acquired by Ingersoll Rand, Trane disposed of its vehicle braking and plumbing operations to concentrate on its air conditioning and heating and ventilation business.
Moving forward, Trane is focused on producing energy-efficient, technically savvy products. For example, the company teamed with fellow Ingersoll Rand company, Schlage, to offer Trane ComfortLink II Thermostat, which allows home owners to control their thermostats remotely with a mobile device or computer. Trane also is growing to meet an increase in demand for high performance buildings -- energy-efficient commercial buildings that utilize technology to reduce energy consumption and costs.more »
Headquartered in 101 W. Prospect Ave.
Cleveland OH, United States 44115
Consumer Goods and Services
No matter how you coat it, Sherwin-Williams is one of the largest paint manufacturers in the US and worldwide (along with Akzo-Nobel, PPG Industries, and Henkel). Sherwin-Williams' products include a variety of paints, finishes, coatings, applicators, and varnishes sold under brands such as Dutch Boy, Krylon, Sherwin-Williams, Thompson's WaterSeal, Ronseal, Sayerlack, and Minwax. The company operates more than 4,000 paint stores worldwide. It sells automotive finishing and refinishing products through wholesale branches throughout the Americas, as well as in Asia and Europe. Other outlets (and competitors) include mass merchandisers, home centers, independent dealers, and automotive retailers.
Sherwin-Williams expanded its operating segments from three to four in 2011 because of growth in sales, geographic reach, and product lines. It added a Latin American Coatings Group to its Global Finishes Group, Paint Stores Group, and Consumer Group segments.
The Paints Stores Group, it's largest segment, operates the biggest network of specialty paint stores in North America, serving painting contractors as well as do-it-yourself homeowners. In 2011 the company added 60 new stores and plans to add another 50 or 60 in 2012.
The Consumer Group supplies both branded and private-label products throughout North America and parts of Europe. It consists of a North American supply chain of 32 manufacturing plants and seven distribution centers, and also supports the company's Paint Stores Group with new product development and research, manufacturing, and distribution.
The Global Finishes Group manufactures and sells automotive finishes, industrial coatings, and marine coatings worldwide. Acquisitions are pivotal to the growth of this segment, bringing new technology in key areas.
Once operating within the Global Finishes Group is the newest segment, the Latin America Coatings Group. The segment develops and produces a variety of architectural paint and coatings and related products throughout Latin America. It distributes its products through some 265 company-operated specialty paint stores, as well as through direct and outside sales reps, dealers, and distributors.
In 2011 Sherwin-Williams realized record group sales of $8.77 billion, an increase of about 13% over 2010. Sales increased in all segments except the Consumer Group, whose new sales declined nearly 2% that year because of a decrease in architectural paint business with one of its large retail customers. Higher paint sales volumes, increased prices, and acquisitions all contributed to the hike in sales, offsetting the higher costs in raw materials. However, the company's net income decreased 5% in 2011, to $442 million from $462 million the previous year, because of costs associated with an IRS settlement that year.
Volume demand in the markets Sherwin-Williams serves has declined more than 20% since 2007, and raw material costs have spiked nearly 40%. To adjust to these conditions, the company focuses on streamlining operations and growing market share. As part of its strategy, Sherwin-Williams invests more than $100 million per year in research, development, and commercialization of new product technologies.
Acquisitions are also key to the company's strategy for growth and for addition of technologies. Among its acquisitions in 2011 was UK-based Leighs Paints, a leader in fire-protectant (intumescent) coatings. Because the intumescent technology prolongs the structural integrity of steel and concrete in a catastrophic fire, more people are able to evacuate. The company also is involved in developing more environmentally sustainable chemicals and processes. In 2012 it added another zero-VOC (Volatile Organic Compound) architectural paint line to its products.
In a major geographic expansion, in 2012 the company agreed to acquire Grupo Comex, a leader in the paint and coatings market in Mexico, for $2.34 billion.more »
Headquartered in Carl-Bosch-Straße 38
67056 Ludwigshafen am Rhein
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. Further information at www.basf.com.
BASF named one of the best places to interview by @Glassdoor. Apply now to experience our interview process. #BPTI https://www.basf.com/us/en/company/career/jobs.htmlmore »
Headquartered in 1 Carrier Place
Farmington CT, United States 06034
Carrier shouldered the load of keeping things hot and cold. The company was the world's largest maker of heating, air-conditioning, and refrigeration systems for residential, commercial, industrial, and transportation needs. Through Carrier Transicold, it made truck/trailer and container refrigeration equipment and provides transport air-conditioning systems for bus, rail, and marine customers. Carrier also provided aftermarket services and components for its products. The company was a subsidiary of diversified manufacturer United Technologies Corporation (UTC); it accounted for about 20% of UTC's sales. In 2011 Carrier was combined with sister firm UTC Fire & Security to create UTC Climate Controls & Security.
The combination was intended to allow the firms to provide more fully integrated products. Carrier president Geraud Darnis took the helm of the new division, which began reporting combined operating results in 2012. UTC kept the Carrier brand.
Prior to the change, Carrier reacted to the global economic downturn by cutting costs, and divesting non-core assets. Instead it focused on investing in technology and energy-efficient products and services. The company began realigning its portfolio in 2008 as demand for its products fell due to depressed residential housing and commercial construction markets. Carrier sold lower-performing subsidiaries such as International Cold Storage and its commercial refrigeration products unit, Tyler Refrigeration. Altogether the company sold or closed 30 businesses representing $2.5 billion in net sales. The realignment made Carrier a leaner, less complex company.
At the same time, Carrier looked to expand in other areas. It boosted its energy solutions capabilities when it bought NORESCO. Carrier also looked to form partnerships in order to further develop distribution in the US and abroad. In 2009 the company formed a joint venture with Watsco to distribute Carrier, Bryant, Payne, and Totaline residential and light commercial products in the US sunbelt region and markets in the Caribbean and Latin America. The venture, which boosted revenue and profitability by improving efficiency and cutting costs, compelled Carrier to form a distribution joint venture with Watsco in Mexico in 2011. The company also established similar partnerships in Australia, Europe, and the Middle East.
International sales accounted for more than half of Carrier's revenues. The company made inroads in China via acquisitions, including building automation contractors Sinostride and Maingate, and a controlling interest in Shandong Fuerda Air Conditioner Equipment, a company active in the country's water source and geothermal heat pump segment.
In 2010 the company sold its Sutrak (air-conditioning systems for buses) operations in Europe, the Middle East, and Africa, as well as divisions based in Mexico and India, to European manufacturer Eberspächer. Following suit in North America, Carrier in 2011 sold its US and Canada bus air-conditioning business to Mobile Climate Control in a $32.1 million deal. The moves were made to help Carrier shift its focus to retail food refrigeration in Europe and emerging markets.
In 2009 the company merged its European and South African wholesale refrigeration operations with those of Swedish industrial equipment wholesaler G & L Beijer. After the deal, Carrier gained a 33% voting stake in Beijer.
Carrier returned to organic sales growth in 2010. That was driven mostly by higher demand in the transportation market as companies looked to replace refrigeration units. Growth in the Asian and Latin American HVAC market also helped the company's bottom line.
Carrier operated around 50 manufacturing facilities and had dealers in more than 170 countries.
The company was founded by Willis Carrier in 1902.more »
Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers electronic mobility support services on ViaMichelin.com and publishes travel guides, hotel and restaurant guides, maps and road atlases.more »
Perrigo Company plc, a leading global healthcare company, delivers value to its customers and consumers by providing Quality Affordable Healthcare Products®. Founded in 1887 as a packager of home remedies, Perrigo has built a unique business model that is best described as the convergence of a fast-moving consumer goods company, a high-quality pharmaceutical manufacturing organization and a world-class supply chain network. Perrigo is the world's largest manufacturer of over-the-counter ("OTC") healthcare products and supplier of infant formulas for the store brand market. The Company also is a leading provider of branded OTC products throughout Europe and the U.S., as well as a leading producer of "extended topical" prescription drugs. Perrigo, headquartered in Ireland, sells its products primarily in North America and Europe, as well as in other markets, including Australia, Israel and China.more »
Headquartered in 300 Park Avenue
New York City, New York, United States
Consumer Goods and Services
Every day, millions of consumers around the world trust our products to care for themselves and the ones they love.
Colgate-Palmolive is a global company serving people in over 200 countries and territories with consumer products that make their lives healthier and more enjoyable. Colgate manufactures and markets oral care, personal care, home care and pet nutrition products under such internationally recognized brand names as Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill’s Ideal Balance.
For more information about Colgate-Palmolive's global business, visit the Company's web site at www.ColgatePalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures, Colgate's global oral health education program, please visit www.ColgateBSBF.com.
Connect with us: Linkedin- Colgate Palmolive @ColgateCareers YouTube.com/ColgatePalmoliveJobs
Specialties Oral Care, Personal Care, Home Care and Pet Nutritionmore »
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 132,000 employees.
The company in its current form was created in 1988, and quickly established a presence in the US through acquisitions as well as organic growth. Westinghouse, Combustion Engineering, Bailey Controls and many other highly respected firms joined the ABB family. In the last few years, ABB has dramatically expanded its US operations with the acquisitions of Baldor (motors, mechanical power transmission), Thomas & Betts (low-voltage products), Ventyx (enterprise software) and PowerOne (solar inverters).
ABB’s success has been driven particularly by a strong focus on research and development. One of its seven global R&D centers is located on the campus of North Carolina State University in Raleigh along with its Smart Grid Center of Excellence and the regional headquarters for ABB’s power-related businesses.
This focus on technology development has produced numerous breakthroughs and industry firsts, many in the United States, from the world’s largest drive at NASA’s National Transonic Facility Wind Tunnel in Virginia to the world’s largest battery energy storage system in Fairbanks, Alaska. ABB has even supplied robots featured in the Terminator and Iron Man films.
Today, ABB stands as a global leader in power and automation, and the US represents its largest growth market. Cary, NC is home to the region HQ.more »
Founded in 1979, Seagate is a world leader in hard disk drives and storage solutions. From the videos, music and documents we share with friends and family on social networks, to servers that form the backbone of enterprise data centers and cloud-based computing, to desktop and notebook computers that fuel our personal productivity, Seagate products help more people store, share and protect their valuable digital content.more »
Otis is the world's largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains approximately 1.9 million elevators and escalators worldwide. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.more »
Headquartered in 2825 Airview Blvd
Kalamazoo, MI 49002
Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. More information is available at www.stryker.com.
FACTS: ● 2015 Sales: $9.946 Billion ● Industry : Medical Instruments & Supplies ● Employees : 27,000+ globally ● 36 Years of Sales Growth ● 35 Manufacturing and R&D Locations Worldwide ● $625 million spend on research and development in 2015 ● 4,898 patents owned globally in 2015 ● Products Sold in Over 100+ Countries ● Fortune 500 Company ● Fortune - 100 Best Companies to Work For 2015 (Ranked #19 Overall) ● Fortune- 100 Best Workplaces for Millennials For 2015 (Ranked #54 Overall) ● Fortune- World's Most Admired Companies ranked #6 for "Medical Equipment" ● Glassdoor - Top 50 Best Places to Work For 2016 ● Glassdoor – Highest Rated CEO For 2016 ● MedReps - Best Places to Work 2016 ● Workforce 100 – 100 Best Places to Work (Ranked #31 Overall) ● LinkedIn InDemand Employer- 2015more »
Headquartered in 4650 Cushing Parkway
Fremont, CA 94538
5,001 to 10,000 employees
As a leading global supplier of wafer fabrication equipment and services to the semiconductor industry, Lam Research develops innovative solutions that help our customers build smaller, faster, and more power-efficient devices.
This success is the result of our employees’ diverse technical and business expertise, which fuels close collaboration and ongoing innovation.
Join us in solving our customers’ toughest problems and be part of a company that plays a vital role in the future of electronics.more »
Headquartered in 5300 California Ave.
Irvine CA, United States 92617
As a semiconductor supplier for the global wired and wireless communications industry, Broadcom's reach is far and wide. With sales and marketing offices and R&D centers around the globe, Broadcom manufactures about two billion chips annually and is one of the top 10 semiconductor companies by revenue. Its System-on-a-Chip (SoC) technologies and software products deliver voice, video, data, and multimedia in several major market segments: home and office (cable modems, DSL, and set-top boxes), mobile (Bluetooth and GPS), and infrastructure (controllers, embedded processors, and security). Broadcom's customer roster includes such elite technology names as Apple, Cisco, Dell, Samsung, and ZTE.
Headquartered in Southern California, Broadcom's major offices are located throughout North America. In total it has more than 40 offices in 15 countries across North America, Europe, and Asia.
Broadcom operates in three main business segments: Broadband Communications, Mobile & Wireless, and Infrastructure & Networking. Mobile & Wireless is its largest segment, generating about half of total revenue, while Broadband Communications and Infrastructure & Networking generate balanced portions of the remainder.
In order to cut down on the high cost of owning and operating semiconductor wafer fabrication facilities, Broadcom relies on several silicon foundry subcontractors in Asia to manufacture a majority of its products. Key foundries include Taiwan Semiconductor Manufacturing , GLOBALFOUNDRIES, Semiconductor Manufacturing International, and United Microelectronics. Meanwhile, it product testing and assembly is carried out by independent foundries, test subconbtractors, and assembly and packaging subconbtractors, including United Test and Assembly Center, Advanced Semiconductor Engineering, Siliconware Precision, and STATS ChipPAC.
Sales & Marketing
Broadcom markets and sells its products in the US through a direct sales force, distributors, and manufacturers' representatives. The majority of domestic sales occur through this direct sales force, which has offices in California and throughout the US. The company markets and sells its products internationally through regional offices in North America, Asia, and Europe and through a network of distributors and representatives in those same markets, as well as Australia.
The majority of Broadcom's products are distributed internationally through a distribution center in Singapore; a smaller portion is distributed domestically through an operations and distribution center in the US (Irvine, California).
Marketing is geared at leading technology manufacturers, who embed them into an array of home, mobile, and network infrastructure products. The company's five largest customers -- which include Apple and Samsung -- together accounted for more than 42% of sales in fiscal 2011.
The company's revenue rose more than 8% in fiscal 2011 over 2010, helping to keep Broadcom in the black for the eighth straight year. Year over year, top segment Mobile & Wireless rose about 21% in 2011 thanks to strong sales of wireless connectivity and cellular products. The Broadband Communications segment declined roughly 5%, owing to lower demand for digital television and Blu-ray disc products and set-top boxes. The Infrastructure & Networking segment increased 4% driven by demand for Ethernet switching and wireless infrastructure products.
Most of Broadcom's revenue is derived from sales of semiconductor products, while a much smaller portion is made from software licenses and royalties; development, support, and maintenance agreements; and data services. Licensing revenue and income is generated from an intellectual property agreement with QUALCOMM. That agreement is scheduled to end in 2013.
For fiscal 2011, Broadcom's net income declined to $927 million from about $1.1 billion in 2010. This decrease was primarily related to lower gross margins and an increase in R&D expenses.
Increased investment in R&D -- in this case salary increases for its R&D engineering staff -- is no surprise given that Broadcom operates in a highly competitive industry, in which new product development is always evolving and often complex. Churning out new and improved semiconductor products enables Broadcom's sales and marketing team to continue to achieve design wins with top technology companies like Apple and Samsung.
Another key part of Broadcom's strategy involves expansion through acquisition of businesses, assets, products, and technologies. Over the past two decades, Broadcom has acquired about 50 companies, which have expanded its market reach, engineering staff, product portfolio, and technological capabilities in the areas of home broadband, enterprise and storage networking, and mobile and wireless communications.
Mergers & Acquisitions
Among Broadcom's key acquisitions are its 2012 $3.7 billion purchase of NetLogic Microsystems, which expanded the company's product line to include knowledge-based and multi-core embedded processors, as well as digital front-end processors used in wireless networking devices.
Prior to that in 2011, it paid $313 million in cash to buy mixed-signal wireless chip maker Provigent in a deal that added expertise in semiconductors for wireless network backhaul equipment.
Co-founders Henry Samueli and Henry Nicholas hold about 26% of Broadcom's voting power each.more »
A leader in technology and innovation, Southwire Company, LLC is one of North America’s largest wire and cable producers. Southwire and its subsidiaries manufacture building wire and cable, metal-clad cable, portable and electronic cord products, utility products, OEM wire products and engineered products. In addition, Southwire supplies assembled products, contractor equipment and hand tools. For more on Southwire’s products, its community involvement and its vision of sustainability, visit www.southwire.com.more »
Headquartered in 1 Owens Corning Pkwy.
Toledo OH, United States 43659
Owens Corning operates in the PINK. Famous for its Pink Panther mascot and its trademarked PINK glass fiber insulation, the company is a top global maker of building and composite material systems. Its building materials segment, which accounts for more than 60% of sales, makes insulation, roofing and asphalt, and other materials for the residential and commercial markets. Its composite products segment makes glass fiber reinforcement materials for the transportation, industrial, infrastructure, marine, wind energy, and consumer markets. Owens Corning has operations in about 30 countries in the Americas, Europe, Africa, and the Asia/Pacific region.
As a result of the global financial crisis and a slowdown in the construction industry in 2008 and 2009, building materials suppliers in general experienced a significant downturn in sales. Owens Corning took cost-cutting actions to weather the economic storm. The company reduced production and cut its workforce by about 10%. In late 2010 the company sold half of its Masonry Products business to Boral Industries. Owens Corning will sell the remaining half to Boral in 2014, and will receive at least $90 million in the deal. In another divestiture, the company sold its glass reinforcement facility in Brazil in 2011.
The cost-cutting and capital-raising actions, along with a recovering economy, helped Owens Corning improve revenues in 2010 and again in 2011 (sales were up 7% in that year alone). The success was due to an increased global demand for Owens Corning's products (especially its composites segment and roofing materials business). A slowly recovering economy in the US dragged down demand in the US, however, the company managed to see sales improvements thanks to pricing adjustments and manufacturing efficiencies.
Growing global demand has motivated the company to make investments in its composites business, which supplies the industrial, energy, and residential markets. Its OCV Reinforcements and OCV Technical Fabrics units provide lightweight alternatives for steel, wool, and aluminum. Owens Corning opened a new reinforcements manufacturing plant in China in 2010 and a glass fiber manufacturing facility there the following year. The plants significantly increased Owens Corning's capacity in China and will support growing demand in Asian markets. Another composites plant is slated to open in China in 2012. The company also is expanding other facilities in Russia and Mexico. At the same time, Owens Corning is balancing out composites production by reducing inventory in places such as Europe, where demand has been lower.
Back at home Owens Corning's strategy is to position itself as the construction market recovers. Anticipated growth in the US housing industry has Owens Corning optimistic that there will be continued success despite a few challenges in other markets.
The company in 2011 expanded its relationship with Masco to become the main insulation provider for Masco Contractor Services. Masco will install Owens Corning's eco-friendly insulation for clients. Also in 2011, Owens Corning strengthened its loosefill (blow-in) insulation business with the acquisition of FiberTEK Insulation and FiberTEK Insulation West. The deal included manufacturing plants in Florida and Utah.
Owens Corning also is focusing on developing sustainable, energy-efficient products. Its new EcoTouch insulation product was designed to meet demands for green building materials. Owens Corning also established the first roof shingle recycling program in the US in 2009.more »
Headquartered in 6035 Parkland Blvd.
Cleveland OH, United States 44124
Parker-Hannifin operates on a big scale (its motion control equipment helped sink a replica of the Titanic in the Academy Award-winning film.) Operating through three business segments -- Industrial, Aerospace, and Climate & Industrial Controls -- Parker-Hannifin is a leading global manufacturer of motion and control technologies, including fluid power systems for the manufacturing and processing industries; hydraulic, fuel, pneumatic, and electromechanical systems and components for the aerospace/defense industry; and motion and control systems for the heating, ventilation, air conditioning, and refrigeration (HVACR) and transportation industries.
Parker-Hannifin is a leading worldwide diversified manufacturer of motion and control technologies and systems. It provides precision engineered technologies, products, and services for a wide variety of mobile, industrial, and aerospace markets.
Its largest division, the Industrial segment, is made up of the Automation, Filtration, Fluid Connectors, Hydraulics, Instrumentation, and Seal groups. Sales of Industrial products in North American and international markets are made primarily to original equipment manufacturers (OEMs) and their replacement markets in various sectors within the manufacturing, processing, and transportation industries. They include agriculture, alternative energy, chemical processing, construction machinery, factory automation, food production, life sciences, material handling, paper, robotics, and water, among many others.
Sales of Aerospace segment products are sold mainly to commercial and military customers in the OEM and maintenance, repair, and overhaul end user markets. They are used in aircraft, engines, missiles, unmanned aerial vehicles, and in power generation applications. The company's third segment, Climate & Industrial Controls, targets OEMs and replacement markets in air conditioning, appliances, industrial and commercial refrigeration, industrial machinery, oil and gas, supermarkets, and transportation.
The company has facilities throughout the US and in some 45 other countries. Its Industrial International operations provide products and services to customers throughout Europe, Asia/Pacific, Latin America, the Middle East, and Africa.
Revenues and profits increased by 6.5% and 9.8%, respectively, in 2012. The increase in revenues was the result of the higher volume in the Industrial and Aerospace Segments and from company acquisitions ($72 million of 2012 sales.) The increase reflected higher demand from distributors and higher end-user demand in a number of markets, particularly in the heavy-duty truck, construction equipment, farm and agriculture equipment, and machine tools markets. Parker-Hannifin also benefited from higher volume in both the commercial and military OEM and aftermarket businesses outside of North America.
Net income was higher thanks to higher revenues outpacing the cost of sales, which only grew by 6%, and by lower interest expense.
The company seeks to enhance its operations and profitability through a strategy of identifying and acquiring businesses with complementary products and services and by divesting businesses that are not considered to be a good long-term fit. It also focuses on building up its operations around targeted regions, technologies, and markets through acquisitions and organic growth. Parker-Hannifin's diverse product portfolio and customer base decreases the company's dependence on any one revenue stream. To lift its aerospace business, Parker-Hannifin in late 2012 agreed to form a 50-50 joint venture named Advanced Atomization Technologies LLC with GE Aviation. Intended to be located in the Parker Gas Turbine Fuel Systems Division facility in Clyde, New York, the venture aims to further develop and make commercial aircraft engine fuel nozzles.
Mergers and Acquisitions
Growing its global footprint, in 2012 the company spent $162 million to complete four acquisitions of companies with aggregate sales of $141 million. Purchases included UK-based sensor maker Kittiwake Developments Limited and India-based filter maker John Fowler (India) Private Limited. It also acquired the outstanding shares in two majority-owned subsidiaries for $147 million. During 2011, the company completed three acquisitions for $65 million.
As a part of its core asset management strategy, in 2012 Parker-Hannifin divested its automotive air conditioning portion of its Mobile Climate Systems Division to ContiTech AG of Hanover, Germany.
Capital World Investors held 10.4% of the company in 2012.more »
Headquartered in 6-6, Marunouchi 1-Chome
Hitachi, which means "risen sun," is looking for a new dawn of profits from its galaxy of businesses. The company's Information & Telecommunications Systems (semiconductors, servers, mainframes, ATMs) brings in the most revenue, followed by Social Infrastructure (elevators, escalators, industrial machinery) and High Functional Materials (wire, cables, specialty steel, circuit boards). Its Electronic Systems & Equipment segment includes specialized manufacturing equipment and power tools. The company is a world leader in consumer goods ranging from TVs to washing machines and in power generation equipment. Hitachi also has operations in financial services, automotive systems, and construction machinery.
Responding to such IT changes as cloud computing and business globalization, the company announced it would merge Information & Telecommunication Systems' units Hitachi Electronics Services (HES) and Hitachi Information Systems (Hitachi Joho) to create Hitachi Systems. Effective in 2011, the combination is designed to strengthen the company's data center services business in Japan. The move follows Hitachi's efforts to focus on its most profitable segments and streamline sector management.
When the company announced fiscal 2011 results, it showed improved revenue on the strength of an increase in global demand amid economic recovery and the company's restructuring and cost-cutting measures. Revenue had declined 10% the prior year due to falling demand, though belt tightening in 2009 had begun to have a positive effect on net income.
Hitachi plans to put many of its eggs in the Social Innovation basket, where its Social Infrastructure unit works with its other four leading business units -- Information & Telecom, Power, Construction Machinery, and High Functional Materials -- to create IT, power, and transportation systems for urban and industrial segments. The eggs in the basket are about ¥2.6 trillion in capital expenditures, strategic investments, and R&D spending on Social Innovation through fiscal 2014. Other targets include improving Hitachi's overall business structure and expanding globally, especially in China, Germany, and the US.
In a move aimed at improving its ability to compete in an increasingly global marketplace, in early 2011 Hitachi formed an alliance with Mitsubishi Heavy Industries (MHI) and Mitsubishi Electric Corp to spin off and integrate their hydroelectric power businesses. The joint venture, 98% owned by Hitachi with 1% for each of the other partners, is tentatively named HM Hydro. The companies' variable-speed technology could give them an advantage over other power players if smart grids continue to expand in global markets. The joint venture is a way for Hitachi and its partners to better compete for international projects against market leaders such as Toshiba and Voith Hydro (a joint venture between Voith and Siemens). The domestic market for hydroelectric power systems in Japan has stopped growing, which has forced companies there to rely on maintenance services to stay afloat.
An increasingly competitive climate along with expected growth in the small and midsized display market prompted another alliance, in this case with Sony and Toshiba. Each of the three companies will integrate their businesses in this niche under a new company to be set up and run by Innovation Network Corporation of Japan (INCJ). INCJ will hold 70% of the voting stock in the company, while the remaining shares will be evenly divided among the other three companies.
As part of its strategy to refocus on its infrastructure businesses, in 2012 Hitachi sold its Hitachi Global Storage Technologies (HGST) disk drive subsidiary to Western Digital in a $4.3 billion cash and stock transaction. The deal gave Hitachi a 10% stake in Western Digital and board representation, along with an estimated $3.5 billion in cash. Hitachi originally planned on an IPO for HGST, which became profitable in 2011 after five years of losses. HGST was not considered core to ongoing operations. Also in 2012 Hitachi's display business was folded into a new joint venture with Sony and Toshiba, called Japan Display Inc. The company was launched on the same day as South Korea-based rival Samsung Display Co., Ltd. and focuses on small and midsized displays for mobile devices, automotive, and industrial applications.
Mergers and Acquisitions
In 2012 Hitachi announced it would buy the UK Horizon nuclear project from Germany's E.ON and RWE for $1.12 billion to build four to six new nuclear power stations. It hopes to have the first of the 1,300 megawatt (MW) nuclear power plants operations by the mid-2020s. Together, the plants could provide electricity to 14 million homes for more than 60 years. Hitachi, along with British companies Babcock International and Rolls-Royce, will use Horizon to create a strong and permanent base of nuclear skills in the UK.more »
Air Products has consistently impressed the business community with its devotion to corporate responsibility and to employee satisfaction. The company sells gases and chemicals to businesses in a number of industries, including food and aerospace, and it focuses on sustainable practices to help protect the environment. It hires both veteran professionals and recent graduates who are driven to exceed in their careers. Workers gain promotions and other advantages through hard work rather than seniority.
Employees can contribute to 401(k) accounts to plan and prepare for their retirement, and Air Products matches contributions to a certain percent. The company also provides extensive health, dental, and vision insurance coverage, and employees can take paid sick and vacation leave. Every year, Air Products plans corporate social events to promote unity and teamwork among its staff, and workers receive paid, on-the-job training to help them excel in their roles. For the most part, employees praise the advocacy of a healthy work-life balance at Air Products, though some disagree. A few complain about the company's "culture that is struggling to evolve" and its "lack of direction." However, a number of workers rave about the corporate benefits and "nice people."more »
One of the oldest continually operating companies in the US today, Bausch + Lomb traces its roots to 1853, when John Jacob Bausch, a German immigrant, set up a tiny optical goods shop in Rochester, New York. When he needed more money to keep the business going, Bausch borrowed $60 from his good friend, Henry Lomb. Bausch promised that if the business grew, Lomb would be made a full partner. The business did grow and the partnership was formed.
In the early years, Bausch + Lomb manufactured revolutionary rubber eyeglass frames as well as a variety of optical products that required a high degree of manufacturing precision. By 1903, the firm had been issued patents for microscopes, binoculars, and even a camera shutter based on the eye’s reaction to light...
A History of Innovation In the 1900’s, Bausch + Lomb continued to demonstrate its place at the forefront of technological innovation for optical products. Bausch + Lomb produced the first optical quality glass made in America, developed ground-breaking sunglasses for the military in World War I, and created the lenses used on the cameras that took the first satellite pictures of the moon. In 1971, Bausch + Lomb introduced the first soft contact lenses and is still the largest global provider of eye care products.
Although products and times have changed, Bausch + Lomb still adheres to the legacy of dedication to innovation, quality, and craftsmanship established by John Jacob Bausch and Henry Lomb. In August 2013, Bausch + Lomb became the eye care division of Valeant Pharmaceuticals International, Inc.more »