PRIVATE COMPANY; YEAR ESTABLISHED: 1918
REVENUE: $281 million
Peter Moritz, managing director; Hannes Worwag, managing director.
Karl Wörwag Lack-und Farbenfabrik GmbH & Co.KG develops, manufactures, and markets coatings and paints for various industrial applications. Its products include liquid coatings, powder coatings, UV coatings, and painted films. The company’s products serve vehicle exteriors and interiors, car bodies and commercial vehicles, vehicle components, construction and agricultural machinery, household appliances, plant engineering, furniture, and building equipment industries in Germany and internationally. The company was founded in 1918 and is headquartered in Stuttgart, Germany. It has subsidiary locations in Langfang, China; Cape Town, South Africa; Baden-Dättwil, Switzerland; Swiebodzin, Poland; Lafayette, Illinois; and Polinya, Spain.