Dow
Corning
Maker of silicones
and related technology.
Headquarters:
2200 W. Salzburg Rd., PO Box 994
Midland, MI 48686
Employees: 9,000
CEO: Stephanie Burns
Jointly owned by Dow Chemical and Corning
Website:
http://www.dowcorning.com
Career Site
Dow Corning is a leading maker of silicon and silicon-based technology. Dow Corning offers more than 7,000 products and services via the company’s Dow Corning and XIAMETER brands.
Dow Corning products include sealants,
adhesives, rubbers and waxes serve the following industries:
Appliance and Office Equipment
Automotive
Aviation and Aerospace
Beauty and Personal Care
Chemical Manufacturing
Compound Semiconductor
Construction
Electronics
Food and Beverage
Healthcare
Household and Cleaning
Imaging
Industrial Assembly and Maintenance
Moldmaking
Oil and Gas
Paints and Inks
Photonics
Plasma
Plastics
Polyurethane
Power and Utilities
Pressure Sensitive
Pulp and Paper
Rubber Fabrication
Solar
Textiles and Leather
In 2008, the company reported total revenue of $5.45 billion and net income of $738.7 million.
The company is equally owned by The Dow Chemical Company and Corning, Incorporated. More than half of Dow Corning's annual sales are outside the United States.
History
Dow Corning was established in 1943 specifically
to explore the potential of silicones. It was created as a joint
venture between Corning Glass Works (now Corning, Incorporated)
and The Dow Chemical Company.
Dow Corning was the target of several class-action
lawsuits in the 1980s and 1990s regarding silicone breast implants
and the cause of health problems in women. The company was forced
into bankruptcy and emerged in 2004.
Compensation:
- Competitive base salaries
- Merit pay increases earned increases that recognize sustained
performance relative to others in similar jobs
- Variable pay short- and long-term pay incentives that
reward eligible employees when our company achieves or exceeds
its performance targets
- Recognition awards cash and non-cash awards that recognize
exceptional individual and team performance
- Non-cash compensation such as vehicles, housing and food allowances,
when appropriate
Benefits:
- Paid holidays and paid vacation
- Short- and long-term disability benefit
- Investment program
- 401k savings plan
- Medical, dental, vision and life insurance coverage
- Pension plan
- Employee assistance program (EAP)
- Tuition reimbursement
- Sick dependent care
- Pre-tax flexible spending accounts for dependent and health
care
- Legal plan
Updated November 20, 2009
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