IFAI member Milliken & Co. highlighted by Wall Street Journal for getting innovation right

Innovation lives at U.S. manufacturer

For anyone in a funk about the decline of big U.S. innovators like Kodak, the Wall Street Journal highlights companies like Milliken & Co., maker of textiles, that have innovation exactly right. John Bussey has details on WSJ's "The News Hub."

Milliken & Company is an innovation company that has been exploring, discovering, and creating ways to enhance people’s lives since 1865. With corporate headquarters located in Spartanburg, South Carolina, the company has expertise across a breadth of disciplines including specialty chemical, floor covering and performance materials. Milliken has long led the way for “knowledge-based” investment, employing over 100 PhDs, including the current CEO and two division presidents; and has accumulated more than 2,200 U.S. patents and more 5,000 patents worldwide.

IFAI mourned the passing of Roger Milliken Sr., (the great grandson of the founder) just over a year ago. He led Milliken & Company for 71 years, and passed away in Spartanburg, South Carolina at the age of 95 in December 2010. His epitaph simply reads "Builder." He is survived by five children and nine grandchildren.

 

Source: http://online.wsj.com/video/innovation-lives-at-us-manufacturers/617BA964-3123-4EE3-A52F-1994D19DDFC6.html