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  September 5, 2001
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Home > Company Index > Chemicals > Specialty Chemicals > Borden, Inc.

Borden, Inc.
 PROFILE
"Barbarians at the Gate" or "The Wheeler Dealers"? First traded for a portion of RJR Nabisco, Borden, Inc., is no longer in the dairy business, having traded Elsie the cow for a barn full of test tubes. Borden's decentralized units include Borden Chemical (formaldehyde, melamine, resins) and Elmer's Products, a leading producer of household and school glues (Elmer's and Krazy Glue). Borden sold its Borden Foods and Wise Foods operations to BW Holdings, an affiliate of Kohlberg Kravis Roberts & Co., Borden's parent company. (BW Holdings has since sold Wise.) However, Borden still manages Borden Foods (pastas, bouillons) as well as housewares maker World Kitchen (Pyrex, Corelle, and Corning; formerly Corning Consumer Products).

 COMPETITION
Ashland Inc. (ASH)
Georgia-Pacific Corporation (dossier)
Kraft Foods Inc. (KFT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,524.00
1-Yr. Sales Growth: 12.0%
Employees: 4,000
Revenue per employee: $381,000.00

 KEY PEOPLE
• C. Robert Kidder
    CEO
• William H. Carter
    CFO

 CONTACT INFO
180 E. Broad St.
Columbus, OH 43215
US
Phone: 614-225-4000
Fax: -
Online: Web Site

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