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50 COMPANIES THAT CHANGED THE WORLD.
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Top 50 MNC Companies in the World

Oct 23, 2014

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Page 1: Top 50 MNC Companies in the World

50COMPANIES

THAT CHANGED

THE WORLD.

Incisive Profiles of the 50 Organizations,Large & small, that has

Shaped the Course of Modern Business

Page 2: Top 50 MNC Companies in the World

- HOWARD ROTHMAN

1. Microsoft Corporation

Fact File:

Founders: William H. Gates III and Paul Allen

Distinction: Created the Systems that drive nearly all the world’s PCs.

Primary Products: Computer Software and Internet Services.

Annual Sales: $22.956 billion.

Number of Employees: 31,400.

Major competitors: American Online, Oracle, and Sun Microsystems.

Chairman and Chief Software Architect: William H. gates III;

President & CEO: Steven A. Ballmer.

Headquarters: Redmond, Wash.

Year founded: 1975.

Website: www.microsoft.com

Page 3: Top 50 MNC Companies in the World

2. AT&T Corporation

Fact File:

Founders: Alexander graham Bell, Gardiner Hubbard & Thomas Sanders.

Distinction: Launched the Telecommunication revolution.

Primary Products: Telephone Services, Internet access, cable television.

Annual Sales: $62.391 billion.

Number of Employees: 148,000

Major competitors: America Online, MCI WorldCom, and Sprint.

Chairman & CEO: C. Michael Armstrong.

Headquarters: New York.

Year founded: 1877.

Website: www.att.com

Page 4: Top 50 MNC Companies in the World

3. Ford Motor Company

Fact File:

Founders: Henry Ford, Alexander Malcomson, John W. Anderson, C. H.

Bennett, James Couzens, Horace E. Dodge, John F. Dodge, Vernon C. Fry,

John S. Gray, Horace H. Rackham, Albert Strelow & Charles J. Woodall

Distinction: Completely transformed the process of manufacturing.

Primary Products: Cars, Trucks and Auto Finance.

Annual Sales: $162.558 billion.

Number of Employees: 364,550.

Major competitors: Daimler Chrysler, General Motors, Toyota.

Chairman: William C. Ford Jr;

President and CEO: Jacques A. Nasser.

Headquarters: Dearborn, Mich.

Year founded: 1903

Page 5: Top 50 MNC Companies in the World

Website: www.ford.com

4. Apple Computer

Fact File:

Founders: Steve Jobs, Steve Wozniak & Mike Markkula.

Distinction: Brought computing to people.

Primary Products: PC, peripherals, multimedia tools.

Number of Employees: 9,376.

Annual Sales: $6.134 billion

Major competitors: Compaq, Microsoft, Sun Microsystems.

CEO: Steve Jobs.

Headquarters: Cupertino, Calif.

Year founded: 1976.

Website: www.apple.com

Page 6: Top 50 MNC Companies in the World

5. McDonald’s Corporation

Fact File:

Founders: Richard & Maurice McDonald & Ray Kroc.

Distinction: Global fast-food revolution.

Primary Products: Burgers, chicken nuggets, fries and shakes.

Number of Employees: 284,000 in U.S. alone

Annual Sales: $35.9 billion.

Major competitors: Pizza Hut, Burger King, Wendy’s, and Taco Bell.

Chairman & CEO: Jack Greenberg.

Headquarters: Oak Brook, Illinois.

Year founded: 1955.

Website: www.mcdonalds.com

Page 7: Top 50 MNC Companies in the World

6. America Online Inc.

Fact File:

Founder: Steven M. Case.

Distinction: Opened Cyberspace to masses worldwide.

Primary Products: Internet access, online content and related software.

Number of Employees: 12,100.

Annual Sales: $6.886 billion.

Major competitors: AT&T, Microsoft, and Yahoo!

Chairman & CEO: Steven M. Case.

Headquarters: Dulles, VA.

Year founded: 1991.

Website: www.aol.com

Page 8: Top 50 MNC Companies in the World

7. FedEx Corporation

Fact File:

Founder: Fredrick W. Smith.

Distinction: Created the next-day delivery industry.

Primary business: Worldwide express delivery of packages & documents.

Number of Employees: 141,000.

Annual Sales: $16.774 billion.

Major competitors: DHL, UPS, U.S. Postal Service.

Chairman, President & CEO: Fredrick W. Smith.

Headquarters: Memphis, Tenn.

Year founded: 1971.

Website: www.fedex.com

Page 9: Top 50 MNC Companies in the World

8.CBS Corporation

Fact File:

Founder: William S. Paley.

Distinction: made television journalism respectable and influential.

Primary Products: TV and Radio programming.

Number of Employees: 28,900.

Annual Sales: $7.373 billion.

Major competitors: ABC, Fox Entertainment, NBC.

Chairman: David McLaughlin;

President & CEO: Mel Karmazin.

Headquarters: New York

Year founded: 1927.

Website: www.cbs.com

Page 10: Top 50 MNC Companies in the World

9. Philip Morris Companies

Fact File:

Founder: Philip Morris

Distinction: Made cigarettes popular; now struggling b’coz of them.

Primary Products: Cigarettes, beer and food products.

Number of Employees: 137,100

Annual Sales: $78.596 billion.

Major competitors: Anheuser-Busch, British American Tobacco and Nestle.

Chairman & CEO: Geoffrey C. Bible.

Headquarters: New York.

Year founded: 1919

Website: www.philipmorris.com

Page 11: Top 50 MNC Companies in the World

10.Wal-Mart Stores Inc.

Fact File:

Founder: Sam Walton.

Distinction: Parlayed retailing innovations into worldwide dominance.

Primary Products: Softgoods, hardgoods, electronics, groceries.

Number of Employees: 1,140,000.

Annual Sales: $165.013 billion.

Major competitors: Kmart, Target, Costco Wholesale.

Chairman: Sam Walton.

President & CEO: H. Lee Scott Jr.

Headquarters: Bentonville.

Year founded: 1962.

Page 12: Top 50 MNC Companies in the World

Website: www.wal-mart.com

11. General Electric Company

Fact File:

Founder: Thomas A. Edison.

Distinction: It lit up our lives.

Primary Products: Electric equipment, home appliances, jet engines, financial

services, broadcasting.

Number of Employees: 340,000.

Annual Sales: $110.832 billion.

Major competitors: Matsushita, Rolls Royce, Siemens.

Chairman & CEO: John F. Welch Jr.

Headquarters: Fairfield, Conn.

Year founded: 1892.

Page 13: Top 50 MNC Companies in the World

Website: www.ge.com

12. IBM Corporation

Fact File:

Founder: Thomas Watson Sr.

Distinction: the king of technology throughout the technology age.

Primary Products: Computer hardware, software, peripherals, service.

Number of Employees: 307,401

Annual Sales: $87.548 billion.

Major competitors:

Chairman & CEO: Louis V. Gerstner Jr.

Headquarters: Armonk, N.Y.

Year founded: 1911.

Website: www.ibm.com

Page 14: Top 50 MNC Companies in the World

13. Sears, Roebuck, and Co.

Fact File:

Founders: Richard Sears & Alvah C. Roebuck

Distinction: World’s first mass-retailing network.

Primary Products: Apparel, home fashions, appliances, home improvement

products, Lawn and garden equipment.

Number of Employees: 324,000

Annual Sales: $41.071 billion.

Major competitors: Wal-Mart, Target, JC Penney.

Chairman, President & CEO: Alan Lacey.

Headquarters: Hoffman Estates.

Year founded: 1886.

Website: www.sears.com

Page 15: Top 50 MNC Companies in the World

14. General Motors

Fact File:

Founder: William Durant.

Distinction: World’s No. 1 automaker & largest company in terms of sales.

Primary Products: Cars, Trucks & related products.

Number of Employees: 388,000

Annual Sales: $176.558 billion.

Major competitors: Daimler Crysler, Ford, Toyota.

Chairman: John F. Smith Jr.

President & CEO: G. Richard Wagoner Jr.

Headquarters: Detroit, Mich.

Year founded: 1908

Website: www.gm.com

Page 16: Top 50 MNC Companies in the World

15. J.P.Morgan & Company.

Fact File:

Founder: J.P.Morgan

Distinction: Preserved & expanded the American Financial System.

Primary Products: Commercial banking & investment services.

Number of Employees: 15,152

Annual Sales: $ 18.110 billion.

Major competitors: Deutsche bank, Goldman Sachs, Merrill Lynch.

Chairman & CEO: Douglas A. “Sandy” Warner III

Headquarters: New York

Year founded: 1854

Website: www.jpmorgan.com

Page 17: Top 50 MNC Companies in the World

16. Union Pacific Corporation.

Fact File:

Founders: Oakes Ames, Oliver Ames & Thomas C. Durant.

Distinction: Helped bridge east and west with first transcontinental road.

Primary Products: Transportation services by train and truck.

Number of Employees: 52,000

Annual Sales: $11.273 billion.

Major competitors: Burlington Northern, Santa Fe, FedEx, Norfolk Southern.

Chairman President & CEO: Richard Davidson.

Headquarters: Omaha, Neb

Year founded: 1862

Website: www.up.com

Page 18: Top 50 MNC Companies in the World

17. RCA Corporation.

Fact File:

Founders: Thomas A. Edison, Elihu Thomson & Edwin Houston.

Distinction: Brought radio, then television, into American homes.

Primary Products: Televisions, camcorders, other consumer electronics.

Number of Employees: 22,800.

Annual Sales: $4.5 billion

Major competitors: Matsushita, Philips Electronics.

Chairman & CEO: S.A Thomson and Thomson Multimedia: Thierry Breton.

Headquarters: Indianapolis, Ind.

Year founded: 1960.

Website: www.rca.com

Page 19: Top 50 MNC Companies in the World

18. Nike Inc.

Fact File:

Founders: Bill Bowerman and Phil Knight.

Distinction: Made the sports shoe a cultural icon.

Primary Products: Athletic footwear, apparel, equipment and accessories.

Number of Employees: 20,700.

Annual Sales: $8.777 billion.

Major competitors: Adidas-Salomon, Fila, Reebok.

Chairman & CEO: Philip Knight.

Headquarters: Beaverton

Year founded: 1962.

Website: www.nike.com

Page 20: Top 50 MNC Companies in the World

19. Intel Corporation.

Fact File:

Founders: Robert Noyce and Gordon Moore.

Distinction: Invented microprocessor, paving way for computer revolution.

Primary Products: Computer chips, networking and communications gear.

Number of Employees: 70,200

Annual Sales: $29.389 billion.

Major competitors: Advanced micro Devices, IBM, and Motorola.

Chairman Emeritus: Gordon Moore.

Chairman: Andrew S. Grove;

President & CEO: Craig R. Barett.

Headquarters: Santa Clara, Ca.

Year founded: 1968.

Website: www.intel.com

Page 21: Top 50 MNC Companies in the World

20. Cable News Network.

Fact File:

Founder: Ted Turner.

Distinction: World’s first live, 24*7 television network.

Primary Products: TV, Radio, Internet news program

Number of Employees: 4,000.

Annual Sales: Unavailable

Major competitors: CNBC, Fox News Channel, MSNBC.

Chairman President & CEO: W. Thomas Johnson.

Headquarters: Atlanta, Ga.

Year founded: 1980.

Website: www.cnn.com

Page 22: Top 50 MNC Companies in the World

21. The Boeing Company

Fact File:

Founders: William E. Boeing.

Distinction: Evolved with aviation industry from biplanes to Lunar Orbiters.

Primary Products: Commercial & military aircrafts, rockets, satellites.

Number of Employees: 197,100

Annual Sales: $57.993 billion.

Major competitors: Airbus Industries, EADS, and Lockheed Martin.

Chairman & CEO: Philip M. Condit;

President & COO: Harry Stonecipher.

Headquarters: Seattle

Year founded: 1916.

Website: www.boeing.com

Page 23: Top 50 MNC Companies in the World

22.Hewlett-Packard Co.

Fact File:

Founders: Bill Hewlett & David Packard.

Distinction: Leader in technology & the business world that produces it.

Primary Products: PC’s, Printing and imaging products.

Number of Employees: 84,400

Annual Sales: $42.370 billion.

Major competitors: Compaq, IBM, Xerox.

Chairman President & CEO: Carleton S. “Carly” Fiorina.

Headquarters: Palo Alto, Calif.

Year founded: 1939

Website: www.hp.com

Page 24: Top 50 MNC Companies in the World

23. Standard Oil Company.

Fact File:

Founders: John D. Rockefeller, Samuel Andrews & Henry M. Flagler

Distinction: World’s largest oil refiner before dismantling by the Supreme

Court.

Primary Products: Kerosene, fuel, lubricant.

Major competitors: None.

Founder & President: John D. Rockefeller

Founding location: Cleveland, Ohio.

Market Value B4 dissolution: $100 million.

Years in existence: 1870-1911.

Page 25: Top 50 MNC Companies in the World

24. Sony Corporation.

Fact File:

Founders: Ibuka Masaru and Morita Akio.

Distinction: Remade the global consumer electronics marketplace.

Primary Products: Electronic devices, movies, TV shows, recorded music.

Number of Employees: 189,700

Annual Sales: $63.082 billion.

Major competitors: Matsushita, Philips Electronics, Time Warner.

Chairman & CEO: Nobuyuki Idei;

President: Kunitake Ando

Headquarters: Tokyo, Japan

Page 26: Top 50 MNC Companies in the World

Year founded: 1946.

Website: www.world.sony.com

25. USX-U.S. Steel Group

Fact File:

Founders: Elbert H. Gary and J. Pierpont Morgan.

Distinction: When launched, it was the largest business enterprise of all time.

Primary Products: Sheet, tubular, plate and semi finished steel.

Number of Employees: 19266.

Annual Sales: $ 5.380 billion.

Major competitors: Bethlehem Steel, LTV and Nucor.

Chairman & CEO, USX: Thomas J. Usher;

President, US Steel Group: Paul J. Wilhelm.

Headquarters: Pittsburgh.

Page 27: Top 50 MNC Companies in the World

Year founded: 1901.

Website: www.ussteel.com

26. Agence France-Presse.

Fact File:

Founder: Charles-Louis Haves.

Distinction: World’s oldest international news agency.

Primary Products: Words, photos and graphics for client media worldwide.

Annual Sales: $227.7 million.

Number of Employees: 1,998.

Major competitors: Associated Press, Reuters and United Press International.

President & CEO: Eric Giuily;

Deputy Chief Executive/ Managing Editor: Denis Brulet.

Headquarters: Paris

Year founded: 1835

Page 28: Top 50 MNC Companies in the World

Website: www.afp.com.

27. Levitt & Sons

Fact File:

Founders: William & Alfred Levitt.

Distinction: Created 20th Century American suburbia.

Primary Products: Small, Low cost houses for the masses.

Total Production: More than 140000 houses all over the world.

Founder: William Levitt

Headquarters: Levittown.

Year founded: 1929-1968.

Value when sold: Company sold to ITT in 1968 for $92 million.

Page 29: Top 50 MNC Companies in the World

28. Walt Disney Company

Fact File:

Founder: Walt Elias Disney.

Distinction: Family Entertainment.

Primary Products: Movies, Videos, Television, software, resort properties.

Annual Sales: $23.402 billion.

Number of Employees: 117,000

Major competitors: Fox Entertainment, Time Warner & Viacom.

Chairman & CEO: Michael D. Eisner;

Headquarters: Burbank.

Page 30: Top 50 MNC Companies in the World

Year founded: 1923.

Website: www.disney.go.com

29. Netscape Communications.

Fact File:

Founders: James Clark & Marc Andreessen.

Distinction: Rewrote rules for net navigation and IPO’s.

Primary Products: Internet browser, Web Portal, online development tools.

Annual Sales: $447.8 million.

Number of Employees: 2,936.

Major competitors: Lycos, Microsoft, Yahoo!

Vice President & GM, Netscape Net center: Jim Martin

Headquarters: Mountain View.

Page 31: Top 50 MNC Companies in the World

Year founded: 1994

Website: www.netscape.com

30. The Coca-Cola Company

Fact File:

Founder: Dr. John Stith Pemberton.

Distinction: Made soft drinks a global obsession.

Primary Products: Coca-Cola Classic, Diet Coke, Sprite, Minute Maid.

Annual Sales: $19.805 billion.

Number of Employees: 37,400.

Major competitors: Cadbury Schweppes, PepsiCo, Quaker Oats.

Chairman & CEO: Douglas N. Draft

Page 32: Top 50 MNC Companies in the World

Headquarters: Atlanta

Year founded: 1886

Website: www.cocacola.com

31. Thyssen Krupp AG

Fact File:

Founder: Friedrich Krupp.

Distinction: Helped finance, and arm, the Nazi regime in World War II.

Primary Products: Metal Fabrication, Industrial plants, automotive parts

Annual Sales: $ 29.749 billion.

Number of Employees: 116,174.

Major competitors: Mannesmann AG, Rpbert Bosch, Usinor.

Chairman (Automotive): Gerhard Cromme;

Chairman (Steel): Ekkehard Schulz;

Page 33: Top 50 MNC Companies in the World

Headquarters: Dusseldorf, Germany

Year founded: 1810.

Website: www.thyssenkrupp.com/eng/index.html.

32. Procter & Gamble Co.

Fact File:

Founders: William Procter and James Gamble.

Distinction: made name in soaps, invented soap operas to promote them.

Primary Products: Cleaning, paper, beauty, food, health-care items.

Annual Sales: $ 38.125 billion.

Number of Employees: 110,000.

Major competitors:Johnson & Johnson, Kimberley-Clark, Unilever.

Chairman: John Pepper;

President & CEO: Alan G. Lafley.

Page 34: Top 50 MNC Companies in the World

Headquarters: Cincinnati, Ohio.

Year founded: 1837.

Website: www.pg.com

33. Yahoo! Inc.

Fact File:

Founders: David Filo and Jerry Yang.

Distinction: Original online search engine.

Primary Products: Web directory, chat, shopping, community functions.

Annual Sales: $ 588.6 million.

Number of Employees: 2,711

Major competitors: America Online, Microsoft, Lycos.

Chairman & CEO: Timothy Koogle.

Headquarters: Santa Clara, Calif.

Page 35: Top 50 MNC Companies in the World

Year founded: 1994.

Website: www.yahoo.com

34. Toyota Motor Company.

Fact File:

Founder: Sakichi Toyoda.

Distinction: Revolutionized automobile production for the global age.

Primary Products: Cars, pickups, minivans and SUVs.

Annual Sales: $ 105.832 billion.

Number of Employees: 183,879.

Major competitors: Daimler Chrysler, Ford, General Motors.

Chairman: Hiroshi Okuda;

President: Fujio Cho.

Page 36: Top 50 MNC Companies in the World

Headquarters: Toyota City, Japan.

Year founded: 1937.

Website: www.toyota.com

35. People Express Airlines.

Fact File:

Founder: Donald Burr.

Distinction: Made air travel affordable.

Primary Products: No-frills, cut-rate airline flights.

Annual Sales: $ 1 billion at peak.

Number of Employees: 3,500 at peak.

Major competitors: American Airlines, Continental Airlines and United

Airlines.

Page 37: Top 50 MNC Companies in the World

Headquarters: Newark, New Jersey.

Years in existence: 1981-1986.

36. Manpower Inc.

Fact File:

Founders: Elmer Winter and Aaron Scheinfeld.

Distinction: Made “temp” an indelible part of the corporate vocabulary.

Primary Products: Temporary workers for assorted positions worldwide.

Annual Sales: $ 9.770 billion.

Number of Employees: 2,016,000.

Major competitors: Adecco, Randstad Holding, Vedior.

Chairman: John R. Walter;

President & CEO: Jeffrey A. Joerres.

Headquarters: Milwaukee, Wis.

Year founded: 1948.

Website: www.manpower.com

Page 38: Top 50 MNC Companies in the World

37. Toys “R” Us.

Fact File:

Founder: Charles Lazarus.

Distinction: Invented the toy supermarket and “carpet-killer” concepts.

Primary Products: Toys, games, sporting goods, software, kids’ furniture.

Annual Sales: $ 11.862 billion.

Number of Employees: 76,000.

Major competitors: eToys, Kmart, Wal-Mart.

Chairman: Michael Goldstein;

President & CEO: John H. Eyler Jr.

Page 39: Top 50 MNC Companies in the World

Headquarters: Paramus, N.J.

Year founded: 1978.

Website: www.toysrus.com

38. National Football League.

Fact File:

Founders: Ralph Hay, George “Papa Bear” Halas, Jim Thorpe and others.

Distinction: Reshaped professional sports and associated business:

Primary business: Overseas individual franchises, general merchandising and

marketing.

Annual Sales: $ 3.27 billion.

Number of Employees: 150

Major competitors: major League Baseball, MBA, and National Hockey

League.

Commissioner: Paul J. Tagliabue;

Page 40: Top 50 MNC Companies in the World

President and COO: Neil Austrian.

Headquarters: New York

Year founded: 1920

Website: www.nfl.com

39. Kellogg Company.

Fact File:

Founder: Will Keith (W.K) Kellogg.

Distinction: Invented and popularized toasted grain-based foods.

Primary Products: Breakfast cereals and other grain-based foods.

Annual Sales: $ 6.8 billion.

Number of Employees: 14,500

Major competitors: General Mills, Kraft foods, Quaker Oats

President & CEO: Carlos Gutierrez.

Headquarters: Battle Creek, Mich.

Page 41: Top 50 MNC Companies in the World

Year founded: 1906.

Website: www.kelloggs.com

40. Johnson Publishing Company.

Fact File:

Founder: John H. Johnson.

Distinction: World’s largest black-owned publishing company.

Primary Products: magazines, books, cosmetics and traveling fashion show.

Annual Sales: $371.9 million.

Number of Employees: 2,647

Major competitors: BET, Essence Communications and L’Oreal.

Chairman Publisher & CEO: John H. Johnson.

Headquarters: Chicago, Ill.

Page 42: Top 50 MNC Companies in the World

Year founded: 1942.

Website: www.ebony.com

41. Firestone Tire & Rubber.

Fact File:

Founder: Harvey Samuel firestone.

Distinction: Developed the first pneumatic automobile tire.

Primary business: Manufacturing and selling vehicle tires.

Annual Sales: $7.4 billion.

Number of Employees: 45,000

Major competitors: Cooper Tire & Rubber, Goodyear and Michelin.

Page 43: Top 50 MNC Companies in the World

Chairman & CEO: John Lampe;

President: Kenji Shibata.

Headquarters: Nashville, Tenn.

Year founded: 1900.

Website: www.bridgestone.com

42. Avon Products Inc.

Fact File:

Founders: David McConnell and Mrs. P. F.E. Albee.

Distinction: Created one of the first woman-friendly work environments.

Primary Products: Beauty products, fragrances.

Annual Sales: $5.289 billion.

Number of Employees: 33,900

Major competitors: L’Oreal, Mary Kay, Revlon.

Chairman: Stanley C. Gault.

President & CEO: Andrea Jung.

Page 44: Top 50 MNC Companies in the World

Headquarters: New York.

Year founded: 1886.

Website: www.avon.com.

43. Hilton Hotels Corporation.

Fact File:

Founder: Conrad N. Hilton.

Distinction: Developed the first coast-to-coast hotel chain.

Primary Products: Hotels, resorts and time-share properties.

Annual Sales: $1.769 billion.

Number of Employees: 45,000

Major competitors: Accor, Marriott, Starwood Hotels & Resorts.

Chairman: Barron Hilton

Page 45: Top 50 MNC Companies in the World

President & CEO: Stephen F. Bollenbach.

Headquarters: Beverly Hills.

Year founded: 1919

Website: www.hilton.com

44. Ben & Jerry’s Homemade.

Fact File:

Founders: Ben Cohen and Jerry Greenfield.

Distinction: Successfully combined business and social activism.

Primary Products: Ice cream, frozen yogurt and related products.

Annual Sales: $237 million.

Number of Employees: 751

Major competitors: Dreyer’s Grand Ice Cream, TCBY Enterprises,

President & CEO: Yves Couette.

Page 46: Top 50 MNC Companies in the World

Headquarters: South Burlington

Year founded: 1978.

Website: www.benjerry.com

45. RE / MAX International

Fact File:

Founder: Dave Liniger.

Distinction: Created the first global agent friendly real estate network.

Primary Business: Real Estate Sales on six continents.

Annual Sales: $1 million in U.S. alone.

Number of Employees: 58,000

Major competitors: Century 21, Coldwell Banker.

Chairman: Dave Liniger

Page 47: Top 50 MNC Companies in the World

CEO: Gail Liniger

Headquarters: Englewood, Co.

Year founded: 1973.

Website: www.remax.com

46. The Singer Company N.V.

Fact File:

Founders: Issac merit Singer.

Distinction: Made it easier to produce professional-looking apparel at home.

Primary Products: Sewing machines and other consumer appliances.

Annual Sales: $1.263 billion.

Number of Employees: 18,000

Major competitors: Brother international, Electrolux AB, Hirsch.

Chairman: James H. Ting;

President & CEO: Stephen H. Goodman.

Headquarters: Curacao, Netherlands

Page 48: Top 50 MNC Companies in the World

Year founded: 1851.

Website: www.singerco.com

47. The Shorebank Corp.

Fact File:

Founders: Ronald Grzywinski, Mary Houghton, James Fletcher

Distinction: Nation’s oldest and largest community development bank.

Primary Products: Financial services for businesses and individuals.

Annual Sales: $991.297 million.

Number of Employees: 337

Major competitors: Louisville Community Development Bank, Vermont

National bank, Wainwright Bank & Trust Company.

Page 49: Top 50 MNC Companies in the World

President & CEO: Margaret A. Cheap.

Headquarters: Chicago, Ill

Year founded: 1973

Website: www.sbk.com

48. Metro-Goldwyn-Mayer

Fact File:

Founders: Marcus Loew and Louis B. Mayer.

Distinction: Epitomized Hollywood and America during 1920’s and 1930’s.

Primary Products: Theatrical films, television shows, home video, licenced

products.

Annual Sales: $1.2 billion.

Number of Employees: 870

Major competitors: Sony Pictures, Time Warner Walt Disney Company

Page 50: Top 50 MNC Companies in the World

Chairman & CEO: Alex Yemenidjian

Headquarters: Santa Monica

Year founded: 1924

Website: www.mgm.com

49. L.L.Bean.

Fact File:

Founder: Leon Leonwood Bean.

Distinction: Pioneered mail-order retailing.

Primary Products: Outdoor gear, clothing, shoes, luggage.

Annual Sales: $1.07 billion.

Number of Employees: 4,000

Major competitors: REI, Lands’ End, Spiegel, The Gap.

President & CEO: Leon A. Gorman.

Page 51: Top 50 MNC Companies in the World

Headquarters: Freeport, Maine.

Year founded: 1912

Website: www.llbean.com

50. H.J.Heinz Company

Fact File:

Founders: Henry John Heinz and John Noble.

Distinction: Made ketchup a household name.

Primary Products: Condiments, tuna, soup, frozen foods, baby food.

Annual Sales: $9.3 billion.

Number of Employees: 40,500

Major competitors: Bestfoods, Campbell Soup, ConAgra, Del Monte, Nestle.

President & CEO: William R. Johnson.

Headquarters: Pittsburgh

Page 52: Top 50 MNC Companies in the World

Year founded: 1869

Website: www.heinz.com