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. (Nasdaq:AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible the technology shaping the future. Learn more at www.appliedmaterials.com.more »
Headquartered in 5301 Stevens Creek Blvd
Santa Clara, CA 95051
Analytical scientists and clinical researchers worldwide rely on Agilent to help fulfill their most complex laboratory demands. Our instruments, software, services and consumables address the full range of scientific and laboratory management needs—so our customers can do what they do best: improve the world around us.
Whether a laboratory is engaged in environmental testing, academic research, medical diagnostics, pharmaceuticals, petrochemicals or food testing, Agilent provides laboratory solutions to meet their full spectrum of needs. We work closely with customers to help address global trends that impact human health and the environment, and to anticipate future scientific needs. Our solutions improve the efficiency of the entire laboratory, from sample prep to data interpretation and management.
Customers trust Agilent for solutions that enable insights...for a better world.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
Founded in 1866, The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of paints, coatings and related products to professional, industrial, commercial, and retail customers.
The company manufactures products under well-known brands such as Sherwin-Williams®, Valspar®, HGTV HOME® by Sherwin-Williams, Dutch Boy®, Krylon®, Minwax®, Thompson’s® Water Seal®, Cabot® and many more. Sherwin-Williams® branded products are sold exclusively through a chain of more than 4,100 company-operated stores and facilities, while the company’s other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers, and industrial distributors.
Sherwin-Williams supplies a broad range of highly-engineered industrial and OEM coatings for wood and general industrial, coil, packaging, protective and marine, and transportation applications worldwide.
Our 60,000 employees are diverse, innovative and passionate. With a variety of rewarding and challenging opportunities, Sherwin-Williams is a great place to find a career that takes you places.more »
Headquartered in 100 Park Ave, Florham Park, NJ 07932
We create chemistry for a sustainable future and we are already looking for the answers to tomorrow's questions today. Chemical innovations play a key role as they make a crucial contribution, above and beyond existing solutions and to virtually all industry sectors.
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 Self-Care 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 a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 136,000 employees. www.abb.com
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: ● 2018 Sales: $13.6 Billion ● Industry : Medical Instruments & Supplies ● Employees : 36,000+ globally ● 39 Years of Sales Growth ● 44+ Manufacturing and R&D Locations Worldwide ● $862 million spend on research and development in 2018 ● 7,784 patents owned globally in 2018 ● Products Sold in Over 100+ Countries ● Fortune 500 Company ● Human Rights Campaign Foundation’s Index for LGBTQ Workplace Equality 2019 ● Fortune - 100 Best Companies to Work, 2019 ● Fortune - Best Workplaces for Giving Back, 2018 ● Fortune - World's Most Admired Companies, 2018 ● Fortune - 100 Best Workplaces for Diversity, 2018 ● Fortune - 100 Best Workplaces for Millennials, 2018 ● Fortune - 100 Best Workplaces for Women, 2018 ● Gallup Great Workplace Award 2018 ● Glassdoor - “Best Places to Work” in 2018 ● Glassdoor Highest Rated CEOs 2017/2018 Employees' Choice ● Indeed - Best Place To Work - Healthcare 2018more »
Headquartered in 4650 Cushing Parkway
Fremont, CA 94538
Success Starts Here:
As a trusted, collaborative partner to the world’s leading semiconductor companies, Lam Research (NASDAQ:LRCX) is a fundamental enabler of the silicon roadmap. In fact, today, nearly every advanced chip is built with Lam technology. Our innovative wafer fabrication equipment and services allow chipmakers to build smaller, faster, and better performing electronic devices. We combine superior systems engineering, technology leadership, a strong values-based culture, and unwavering commitment to customer success to accelerate innovation, enabling our customers to shape the future.
Mission: Lam Research is dedicated to the success of our customers by being the world-class provider of innovative technology and productivity solutions to the semiconductor industry.more »
Headquartered in 5300 California Ave.
Irvine CA, United States 92617
Computers and Electronics
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 (NYSE: OC) develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing, and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger, and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2017 sales of $6.4 billion and employs 19,000 people in 37 countries. It has been a Fortune 500® company for 63 consecutive years. For more information, please visit www.owenscorning.com.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.) 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 Motion Systems, Filtration, Fluid Connectors, Instrumentation, and Engineered Material 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. Parker also targets OEMs and replacement markets in air conditioning, appliances, industrial and commercial refrigeration, industrial machinery, oil and gas, supermarkets, and transportation.
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 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.
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 »
Everyone has the power to make a difference. And when we’re all working towards the same shared vision, nothing is out of reach. That’s what we believe, and why our 115,000+ Associates around the world are empowered to take action every day towards the world we want tomorrow.
Because we know, the world we want tomorrow starts with how we do business today. #TomorrowStartsToday.
That’s our inspiration for pushing boundaries and challenging ourselves to transform the way we do business every day. For generations, we’ve been making many of the world’s most loved and most iconic brands, products and services. We want that to continue for generations to come, and so we know that as a global business we have the opportunity - the responsibility - to help create a tomorrow in which the planet, its people and pets can thrive.
With more than $35 billion in sales, we produce some of the world’s best-loved brands: M&M’s®, SNICKERS®, TWIX®, MILKY WAY®, DOVE®, PEDIGREE®, ROYAL CANIN®, WHISKAS®, IAMS®, EXTRA®, ORBIT®, 5™, SKITTLES®, UNCLE BEN’S® and COCOAVIA®. Alongside our consumer brands, we proudly take care of half of the world’s pets through our nutrition, health and services businesses such as Banfield Pet Hospitals™, BluePearl®, Linnaeus, AniCura, VCA™ and Pet Partners™.
Headquartered in McLean, VA, we operate in more than 180 countries. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire us to create value for people and partners alike. Because in the world we want tomorrow, everyone thrives.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 »