The 13th annual IW 1000 includes publicly traded manufacturing companies from 46 countries and the Chinese province of Taiwan. IndustryWeek partnered with Mergent Inc. to create the list. Led by project manager Ricardo Angel, Mergent's global databases were used to identify all publicly held manufacturing firms meeting IndustryWeek's selection criteria. Erik L. Fine, a Charlotte, N.C.-based information consultant, oversaw the analysis and data-collection effort.
The actual cutoff for inclusion on this year's list was US$2.5 billion. Because all publicly traded manufacturing companies are eligible, a number of subsidiaries and associate companies that are publicly traded separately from their parent company made the list along with the parent.
Mergent collected the financial data elements directly from reports distributed by the corporations in their native currencies as reported in their headquarter countries according to national accounting standards. To accurately reflect the companies' core businesses, only revenue numbers from continuing operations were used.
Currency valuations in U.S. dollars were made using exchange rates as of Dec. 31, 2007. For companies that have recently changed their fiscal-year end, the most recent 12-month figures have been used.
Emerging worldwide markets helped solidify the petroleum and automotive industries as the top revenue earners in 2007.
About the Author
Jonathan Katz
Former Managing Editor
Former Managing Editor Jon Katz covered leadership and strategy, tackling subjects such as lean manufacturing leadership, strategy development and deployment, corporate culture, corporate social responsibility, and growth strategies. As well, he provided news and analysis of successful companies in the chemical and energy industries, including oil and gas, renewable and alternative.
Jon worked as an intern for IndustryWeek before serving as a reporter for The Morning Journal and then as an associate editor for Penton Media’s Supply Chain Technology News.
Jon received his bachelor’s degree in Journalism from Kent State University and is a die-hard Cleveland sports fan.