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What Companies Are In The Basic Industries Field

Basic industries are the goods and services that other industries use to produce goods and services. Basic industries include agriculture, construction, utilities, and mining, among others. There are over 250 companies in the basic industries field, and more are being created every day as technology continues to advance the level of goods that can be produced with little human input. This list will help you identify companies in the basic industries field that you should know about if you’re interested in this industry or any of its products or services.

Introduction

Basic industries provide essential goods and services that allow society to function, such as steel, oil, natural gas, and construction materials. These are essential for daily life, making them some of the most lucrative careers. In this article, we will discuss nine companies in the basic industries field you should know about and whether or not it’s a good career path.

Basic industries are those that most people take for granted, but without them, your day-to-day life would be pretty miserable.

From the products that you consume to the appliances you use and even the heat that keeps you warm, basic industries play an important role in the modern world.

If you’re looking to get into the field of basic industries, you might be surprised at how many different companies there are in this market that all have different roles and offer different career paths to follow. If you’re interested in learning more about these companies, keep reading!

1.  Sealed Air Corporation

Sealed Air Corporation is an American manufacturer and marketer of air conditioners, air purifiers, canned food, and another consumer, commercial, and industrial goods.

In 1932, three smaller companies combined to become the corporation. The headquarters of the corporation is in Fort Valley, Pennsylvania.

2.  Cargill

Founded by William Wallace Cargill in 1865, Cargill is a major player among companies that focus on global food. The conglomerate provides agricultural commodity trading, storage, processing, and distribution for more than 110 countries around the world.

It’s also involved with other industries such as energy, manufacturing, financial services, information services, and transportation.

In 2017 it was listed as a Fortune Global 500 company with annual revenue of $137 billion. Cargill’s headquarters are located in Minnesota, but its corporate offices are located in South Dakota (as well as other states across North America).

The company employs more than 133,000 people globally, with an estimated 45% being part of management-level positions.

3.  Kodak

The company was able to sustain itself for decades as it produced quality film products. But, with digital photography quickly gaining popularity, Kodak has struggled to remain relevant over recent years.

what-companies-are-in-the-basic-industries-field-kodak

While Kodak still manufactures film, it’s now primarily focused on new technologies like its holographic imaging solutions and printing technology solutions. The company continues to work on innovation to stay competitive in today’s global industry market.

4.  PPG Industries

PPG is one of those companies you don’t think about much. It’s there, doing its thing. That doesn’t mean it isn’t worth knowing about, especially if you work in construction or manufacturing, as they make paints and coatings.

They also sell glass products like windshields, auto glass, partitions, and windows to manufacturers who then incorporate them into their own products. PPG is an $18 billion company that has been around since 1883.

5.  DuPont

Though many people associate DuPont with its massive chemical business, it also operates a large agriculture business that generates about $7 billion per year.

The company has been diversifying into other global industries to preserve profitability and has stepped up efforts to reduce environmental impacts.

For example, DuPont doesn’t rely on sales of toxic chemicals as other companies do; instead, it converts toxic substances into safe products.

In addition to agriculture, DuPont is one of the world’s largest producers of titanium dioxide and polymer solutions, which help improve paints used for automotive paints saving millions from vehicle damage every year.

6.  Procter & Gamble

The Procter & Gamble Company (NYSE: P.G.) is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio.

The company focuses on a wide range of household products, from soap to toothpaste to shampoo, but it is best known for its ubiquitous brands.

These include Iams, Tide, Ariel, Old Spice, Charmin, and Pampers.

It also produces Gillette disposable razors; Duracell batteries; Tampax feminine hygiene products; Head & Shoulders shampoo; Vicks inhalers; Wella Professionals hair-care products, and Clairol hair colorants. P&G serves approximately 4 billion people around the world each day.

7.  Berkshire Hathaway

Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.

It is the largest shareholder of several large companies, including-

  • Wells Fargo & Company
  • Coca-Cola Company
  • American Express
  • Kraft Foods
  • Wal-Mart Stores

Their subsidiaries are organized into four basic business fields:

  • Retailing (includes brands such as J. C. Penney and Sears)
  • Transportation (Union Pacific Railroad)
  • Manufacturing (Coca-Cola Bottling Co.)
  • Finance (primarily through GEICO insurance)

These companies provide services to customers worldwide; some also produce consumer goods and own non-strategic business lines outside their main field(s).

8.  Exxon Mobil

Exxon Mobil is a titan of Big Oil and has been for over 100 years. The company’s dominant product, gasoline, comes from refining crude oil into petroleum products like ethylene, propylene, and benzene.

Exxon is also invested in natural gas production, storage facilities, synthetic rubber plants, and plastics fabrication.

By investing in non-oil industries like these as well as deep-sea drilling operations (among others), Exxon is ensuring its position among the top companies of all time, whatever future global industries may hold.

  • Masco Corporation

Founded by Anthony J. Masciocchi in 1968, Masco began as a small local company based in Taylor, Michigan, that specialized in metal products.

Masco Corporation has since expanded to become one of North America’s largest building supply companies serving contractors, builders, remodelers, and homeowners through its four divisions: Roofing Systems; Roofing & Exteriors; Building Envelope; and Architectural Components & Storage Solutions.

In 2014, it was ranked 97th on Forbes’ list of America’s Largest Private Companies with estimated sales of $6 billion.

Global Industries

If you’re looking for some stability and long-term job security, you may want to consider entering one of these fields.

Global industries are growing steadily as emerging countries start to become more powerful both politically and economically. And because these global companies rely on basic resources like minerals, it means they’ll be around for decades to come.

Is basic industries a good career path?

Basic industries focus on raw materials and extractive processes, like mining or logging. The typical employee of a basic industry is paid very well; companies have to pay their workers at least as much as they would make if they were employed by competitors.

However, basic industry employees typically aren’t highly skilled and are usually easy to replace. The typical employee tends to be male and non-unionized, which means they earn less than female unionized workers do.

In addition, jobs that require extensive on-the-job training are rare in basic industries careers.

Most entry-level positions require only rudimentary skills, so turnover is high due to job dissatisfaction or lack of opportunity for advancement. So, should you work in basic industries? It depends on your personal situation.

  • If you want to make a lot of money but don’t care about your career prospects, then working in basic industries could be right for you.
  • If you want to move up within an organization or plan to change jobs frequently (because opportunities for advancement are limited), then it might not be worth it.

What is the future of Basic Industries?

The future of basic industries looks good, but there are certain things to watch out for.

The demand for basic industries is expected to go up over time as the global population grows, especially in developing countries.

As a result, companies should expect that they will have to invest more into their infrastructure, equipment, and research.

Businesses will also need to pay closer attention to laws regarding international trade since competition will become stiffer with businesses from other countries entering their market.

It’s likely that even if these challenges do arise, some companies will find ways around them (e.g., gaining a larger market share than competitors or finding an easier way around such laws) since they’re already used to adapting based on consumer trends.

Conclusion

As you can see, basic industries are not your typical career path. It’s an incredibly competitive industry with very strict regulations on what can be done and what can’t be done. I hope you enjoyed learning about these nine companies that are part of the basic industries field because I know that it is not for everyone. If you found yourself surprised by some of these companies or have additional questions, please don’t hesitate to leave them below!

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