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Balance Sheet Cash Flow Statement 7500 Grace Dr. Columbia, MD 21044-4098 MD Tel. 410-531-4000 Fax 410-531-4367 |
Type: Public
On the web:
http://www.grace.com
Employees:
6,300
Employee growth: (3.1%)
W. R. Grace & Co. operates through two major units. Grace's Davison unit -- which accounts for about two-thirds of sales -- makes silica-based products, chemical catalysts, packaging sealants, and refining catalysts that help produce refined products from crude oil. Its Construction Products unit makes concrete and cement additives, and fireproofing chemicals. The company's customers include chemicals companies, oil refiners, and construction firms. Grace filed for bankruptcy protection in 2001 after an unexpected increase in asbestos litigation (injury claims nearly doubled in 2000); the company no longer makes such products.
Key numbers for fiscal year ending December, 2008:
Sales: $3,317.0M
One year growth: 6.5%
Net income: $121.5M
Income growth: 51.3%
Officers:
Chairman, President, and CEO: Alfred E. (Fred) Festa
SVP and CFO: Hudson La Force III
CIO: Gloria L. Keesee
Competitors:
Albemarle
BASF Catalysts
Evonik Degussa
