Image via WikipediaNCH Philippines Inc., a wholly owned subsidiary of US-based NCH Corp. located in Dallas, Texas has been operating quietly in the Philippines since 1968 but hardly anyone in the Philippines knows about its existence, except for industrial clients like maintenance engineers and companies involved in maintenance services.
Yet, this widely diversified group — both in products and markets — sold in 2009 (despite the global financial crunch) a total of $943 million in the US, North America, Europe, the Philippines, Asia and Latin America while most of its competitors have slid or folded up.
Its entry into the Philippines in 1968 was in owning 40 percent and being only a division of the highly-diversified Jardine Davies group(that included International Harvester, Hapag Lloyd Shipping and others), squeezing its way to the top until it finally bought 100 percent of Jardine in 1981. Its first Filipino country manager was Tristan Villareal, followed by two Americans. Currently, another Filipino, Ernie Gutierrez is at the helm until he turns it over to Rodolfo Arellano beginning May 1, 2011. May is the start of the fiscal year of the company.
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