| |

Since becoming a public company in 1969, ShawCor has grown into the world’s largest provider of advanced pipeline coatings, with a family of complementary energy service businesses that hold a leading position in their respective markets. Our success has been driven by an expanding global presence and an unwavering focus on superior execution, technological leadership and organizational excellence.
It’s a strategic approach we call
The ShawCor Difference
The ShawCor Vision
It is ShawCor’s vision and business strategy to be the market leader and technology innovator with a primary focus on the global pipeline industry and to use this base as a platform to build an international energy services company while achieving ShawCor’s performance objectives.
ShawCor’s Performance Objectives
- Generate a Return on Equity (“ROE”) of 15% over the full business cycle;
- Generate average annual net income growth of 15% over the full business cycle;
- Continuously improve on an industry-leading health, safety and environmental (“HSE”) management system to support the Company’s commitment to an Incident and Injury Free (“IIF”) workplace;
- Maintain a strong market share with each division being number one or a strong number two in its respective market;
- Achieve flawless execution supported by clear lines of accountability and responsibility;
- Increase the flow of new products using the New Product Development (“AFPD”) system to achieve a minimum of 20% of revenue from new products introduced within the current or previous two years;
- Achieve lowest cost producer status using the ShawCor Manufacturing System (“SMS”) combined with effective global procurement;
- Provide a reliable organization based on best practices in governance, financial control and business processes; and
- Provide a workplace and career growth environment that will attract and retain top caliber employees who are essential to achieving the corporate growth and profitability objectives.
|