DuPont Company

DuPont Company

DuPont Company
by: Ferris Bueller

The DuPont company was established in a small town in Delaware in 1802 by a
French immigrant named Eleuthere Irenee du Pont de Nemours. The DuPont company now
a days is in production of high value products. DuPont currently produces polymers,
chemicals, fibers, petroleum products, apparel, transportation, aerospace, electronics and
health care. DuPont company serves customers in these and other industries everyday
offering “better things for better living” as the company prepares to begin its third century
of scientific, technological, comercial, and social achievement.
When E.I du Pont first came to America he brought his great ideas with him about
the manufacturing of the gun powder. His product ignited when it was supposed to, in a
manner consistent with expectation. This was greatly appreciated by the citizens of a
growing nation, including Thomas Jefferson, who wrote to DuPont thanking him for the
quality of his gun powder, which was being used to clear land at Monticello.
DuPont company is moving through the last decade of the twentieth century and
towards it’s third century emphasizing several things; global competition, sharpening its
business focus, increasing productivity, commitment to safety, health and environment, and
continuing to extend its significant science and technological achievement.
One of DuPont’s major strategies is to focus on businesses in which DuPont can
build a competitive advantage. In 1993 DuPont aquired ICI’s nylon and ICI aquired
DuPont’s acrylics business. This strengthed the companys position in the global nylon
business while “trading off” a company that no longer fits its portfolio.
Another major factor in the transformation of the company in the 1990’s was the
focus on reducing cost and improving productivity. This was necessary to give the company
the flexibility for competitive and grow to market share and earnings. DuPont did this by
opening new plants in...