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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Housewares & Accessories > WKI Holding Company, Inc.

WKI Holding Company, Inc.
 PROFILE
WKI Holding has cooked up a kitchen kingpin. The holding company's World Kitchen subsidiary (formerly Corning Consumer Products) makes some of the most popular kitchenware and tableware in the US. Its brands -- including Corelle, CorningWare, Pyrex, Revere, and Visions -- have been used since 1915, when a Corning engineer's wife used a streetlamp glass shade experimentally to bake a cake. The company doubled its size with its 1999 purchases of houseware firms EKCO Group (Farberware, Baker's Secret) and General Housewares (Chicago Cutlery, OXO); it adopted the WKI Holding name in 2000. Buyout firm Kohlberg Kravis Roberts bought most of the company in 1998 from optical fiber and high-performance glass maker Corning.

 COMPETITION
Newell Rubbermaid Inc. (NWL)
SEB S.A. (SK)
Tupperware Corporation (TUP)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 827.60
1-Yr. Sales Growth: 34.0%
Employees: 5,200
Revenue per employee: $159,153.85

 KEY PEOPLE
• Steven G. Lamb
    CEO
• Joseph W. McGarr
    CFO

 CONTACT INFO
One Pyrex Place
Elmira, NY 14902
US
Phone: 607-377-8000
Fax: 607-377-8946
Online: Web Site

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