Williams

Producer and transporter of natural gas.

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Headquarters:
One Williams Center
Tulsa, OK 74172
Employees: 3,656
CEO: Steven Malcolm
Stock Symbol: WMB

Website: http://www.williams.com

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Williams' businesses produce, gather, process and transport clean-burning natural gas to heat homes and power electric generation across the country.

The company's key services include: Interstate natural gas transportation, Natural gas exploration & production, and Natural gas gathering & processing. Williams operates 14,600 miles of natural gas pipelines and delivers 12% of the natural gas produced in the U.S. It also runs a wholesale power business.

Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, Southern California and Eastern Seaboard.

In 2004, the company reported net income of $163.7 million on revenues of $12.4 billion.

History

Williams has been around since 1908, when two brothers, Miller and David Williams, began a construction company. Within a few years Miller and David Williams were building cross-country natural gas and petroleum pipelines. By the time the brothers relocated to Tulsa in 1919, they had a reputation for building a job on time and on budget.

That business grew into the world's leading pipeline engineering and construction firm. Under the Williams Brothers name, the company went public in 1957 with a net worth of about $8 million.

Benefits

- Paid time off and holidays.
- Opportunity to participate in cash and stock bonus incentive programs.
- 100% tuition reimbursement for supervisor-approved, college-level courses and 50 percent reimbursement for course-related books for eligible employees (subject to limitations).
- 6% company-matched 401(k) investment plan.
- A cash-balance-style pension plan with vesting after five years of employment.
- Medical and dental benefits.
- Life insurance and disability coverage.
- Flexible spending accounts.
- Business casual attire.
- Health enhancement subsidies (eligible fitness organizations, weight control programs and tobacco cessation programs).
- Employee assistance program.

Updated September 22, 2005

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