- Milliken & Company
-
Milliken & Company Type Private Traded as N/A Industry Innovation, Research, Chemistry, Foor Covering, Performance Materials and Textiles Founded 1865 Headquarters Corporate Headquarters
Spartanburg, South Carolina, United StatesArea served Worldwide Key people Dr. Joseph Salley (CEO) Products Specialty Chemicals
Floor Coverings
Specialty Fabrics
Performance Products
Milliken Performance SolutionsRevenue Not Available to Public Operating income Not Available to Public Net income Not Available to Public Total assets Not Available to Public Total equity Not Available to Public Employees 7,000 (2011) Website Official website Milliken & Company is an innovation company that has been exploring, discovering, and creating ways to enhance people’s lives since 1865. With corporate headquarters is located in Spartanburg, South Carolina, the company has expertise across a breadth of disciplines including specialty chemical[1], floor covering[2], and performance materials.[3][4][5][6][7]
Milliken has long led the way for “knowledge-based” investment, employing over 100 PhDs, including the current CEO and two Division Presidents, and has accumulated more than 2,200 U.S. patents and more 5,000 patents worldwide.
Contents
History
Milliken & Company's roots go back nearly 150 years to 1865 when Seth Milliken & William Deering founded Deering Milliken Company, a small woolen fabrics jobbing firm in Portland, Maine. William Deering left the company a few years later and started the Deering Harvester Company, which is today known as Navistar. In 1868, Seth Milliken moved the company headquarters to New York City, at that time the heart of the American textile industry. In 1884, the company invested in a new facility in Pacolet, South Carolina, and from that basic beginning the manufacturing operations grew. In 1976, Deering Milliken officially became Milliken & Company. With headquarters in Spartanburg, SC, today the company operates in a number of diverse disciplines including specialty chemicals, performance products, floor coverings, specialty fabrics and business consulting services.
Company Leadership
Roger Milliken became President of the company on the death of his father in 1947, and served in that capacity until 1983. That year, he became Chairman and Chief Executive Officer of Milliken & Company and named Dr. Thomas J. Malone as President and Chief Operating Officer. In 2002 Dr. Malone retired, and Dr. Ashley Allen was named President and COO, becoming CEO in 2006 as Mr. Milliken stepped aside from daily management. In 2008, Dr. Allen retired and was succeeded by Dr. Joe Salley. Mr. Milliken continued as Chairman of the Board until his death on December 30, 2010.
Awards
Milliken & Company was selected by Fortune magazine as a “Best Company to Work For” and by Ethisphere magazine as one of the “World’s Most Ethical Companies". Milliken has also been recognized with the Malcolm Baldrige National Quality Award, the European Quality Award, the British Quality Award, the Canadian Quality Prize, and over 50 JIPM/TPM prizes.
Manufacturing Base
Milliken & Company has more than 7,000 associates with 39 manufacturing facilities located in the United States, United Kingdom, Belgium, France, and China[8]. Milliken serves a variety of industries to include automotive fabrics, interior furnishings, apparel fabrics, industrial products and specialty chemicals.
Safety
Occupational Hazards magazine named Milliken one of “The 17 Safest Companies in America, ” and is one of the top 4 companies in the Nation for OSHA Voluntary Protection Program (VPP) STAR sites.
External links
References
Categories:- Privately held companies based in South Carolina
- Textile companies of the United States
- Companies based in South Carolina
- Business organization stubs
Wikimedia Foundation. 2010.