Fortune magazine lists Kohler Co. # 22, touting “highly influential” impact on kitchen and bath design
KOHLER, Wis. – June 9, 2016 – For the first time, Fortune magazine published its list of the 25 most important privately held companies—and Kohler Co. is No. 22.
Editors explain that “the time has come to recognize the hugely significant contributions of those corporations that choose not to sell their stock to the public.”
“As a privately held company, we give ourselves the freedom to look ahead, to plan for the long term,” said David Kohler, President & CEO. “It’s how we’ve been able to contribute this level of strategic thinking, innovation and leading-edge design to our markets.”
Fortune chose this list of companies, most of them based in the United States, on several criteria, including prodigious revenues or assets, social currency, deep connection to our daily lives and disruptive impact. The Kohler Co. profile alludes to the success of the company’s kitchen and bathroom business as the driver for the ranking, stating that “bathroom fixtures are used by U.S. construction firms more often than any other brand,” as well as growth in China extending Kohler’s reach and serving as the company’s second-largest market.
“We are proud to receive this recognition as a company, but we cannot forget that it’s our associates who deserve the praise. They are the ones using their skills and creativity to bring meaningful innovation and solutions to our consumers around the world. That is what makes us memorable,” said Laura Kohler, Senior Vice President – Human Resources & Stewardship.
Founded in 1873 and headquartered in Kohler, Wis., Kohler Co. is one of America’s oldest and largest privately held companies. Kohler is a global leader in kitchen and bath products, engines and power generation systems, furniture and decorative tile, and an international host to award-winning hospitality and world-class golf destinations.