Milliken & Company
|This article relies too much on references to primary sources. (May 2011)|
|Industry||Innovation, Research, Chemistry, Floor Covering, Performance Materials and Textiles|
Spartanburg, South Carolina, United States
|Key people||Dr. Joseph Salley (CEO)|
Milliken Performance Solutions
|Revenue||Not Available to Public|
|Operating income||Not Available to Public|
|Net income||Not Available to Public|
|Total assets||Not Available to Public|
|Total equity||Not Available to Public|
Milliken & Company is a company that has been in business since 1865. With corporate headquarters located in Spartanburg, South Carolina, the company is active across a breadth of disciplines including specialty chemical, floor covering, and performance materials.
Milliken employs over 100 PhDs, including the current CEO and two Division Presidents, and has accumulated more than 2,200 U.S. patents and more than 5,000 patents worldwide.
Milliken & Company's roots go back nearly 150 years to 1865 when Seth Milliken & William Deering founded Deering Milliken Company, a small woolen fabrics jobbing firm in Portland, Maine. William Deering left the company a few years later and started the Deering Harvester Company, which is today known as Navistar. In 1868, Seth Milliken moved the company headquarters to New York City, at that time the heart of the American textile industry. In 1884, the company invested in a new facility in Pacolet, South Carolina, and from that basic beginning the manufacturing operations grew. In 1976, Deering Milliken officially became Milliken & Company. With headquarters in Spartanburg, SC, today the company operates in a number of diverse disciplines, including specialty chemicals, performance products, floor coverings, specialty fabrics, and business consulting services.
Roger Milliken became President of the company on the death of his father in 1947 and served in that capacity until 1983. That year, he became Chairman and Chief Executive Officer of Milliken & Company and named Dr. Thomas J. Malone as President and Chief Operating Officer. In 2002 Dr. Malone retired, and Dr. Ashley Allen was named President and COO, becoming CEO in 2006 as Mr. Milliken stepped aside from daily management. In 2008, Dr. Allen retired and was succeeded by Dr. Joe Salley.
Milliken & Company has more than 7,000 associates with 40 manufacturing facilities located in the United States, United Kingdom, Belgium, France, India, and China. Milliken serves a variety of industries including transportation, building & infrastructure, hospitality, industrial manufacturing, architecture & design, and specialty chemicals.
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