They are not the household names that sit atop the IW 500, but 21 companies cracked the IW 500 in 2014. Among the newcomers to the list are:
California Resources Corp. (IW500/243) – A spinoff of Occidental Petroleum, CRC began its life as an independent public firm on December 1, 2014. The oil and natural gas company's operations occur solely in California, where it is the state's largest producer.
Time Inc. (W500/281) – In June 2014, Time Inc. and its famous family of magazine brands -- Time, Sports Illustrated, Fortune, Money and more than 85 more -- was spun off from Time Warner as a separate public company. Major challenges include streamlining operations and increasing digital revenue.
Keysight Technologies (IW500/310) – The company has its origins in the garage of David Packard and Bill Hewlett, whose first product was an audio oscillator. The electronic measurement company was spun off from Agilent Technologies in November 2014.
Metaldyne Performance Group (IW500/328) – The manufacturer of powertrain and other vehicle components was formed in 2014 from a merger of HHI Group Holdings, Metaldyne LLC, and Grede Holdings LLC. MPG expects net sales of between $3.0 and $3.15 billion in 2015 and EBITDA of up to $560 million
Westlake Chemical Partners (IW500/431) – Established in 2014, the Houston-based producer of ethylene has three facilities in Kentucky and Louisiana with annual capacity of 3.4 billion pounds.
GoPro (IW500/483)– The San Mateo, Calif., manufacturer of video cameras went public in 2014 and had revenue of $363.1 million in the first quarter of 2015, an increase of 54% from the first quarter of 2014.
