ZIFFPAGE TITLEWBy John Moore | Posted 2005-05-23 Email Print
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As rival textile producers move their operations overseas to save money, W.L. Gore is staying put in the U.S. Its competitive advantage? Democracy..L. Gore Base Case">
W.L. Gore Base Case
Headquarters: 555 Papermill Rd., Newark, DE 19711
Phone: (410) 506-7787
Business: Manufacture of Specialty Fabrics. Expertise in Fluorocarbon Polymers, Which Resist Wind and Rain. Financials: the Privately Held Company Reports That Its Annual Revenue Is in Excess of $1.5 Billion. Challenges: Grow Revenue and Profitability, Against Low-Cost Labor and Technical Efficiency of Plants Run by Textile Makers in Asia and Other Parts of the World. Support a Highly Collaborative and Distributed Workforce.
- Maintain double-digit sales growth, which brought annual revenue to $1.6 billion in 2004, from $1.2 billion in 2002.
- Create a single "process control" language for engineers operating in four divisions on three continents.
- Uphold financial independence, remaining one of the nation's 200 largest privately held companies, as ranked by Forbes.