Home > International Directory of Company Histories > Walter Industries, Inc. - Introduction

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Introduction

4211 West Boy Scout Boulevard
Tampa, Florida 33607-2551
U.S.A.
Telephone: (813) 871-4811
Fax: (813) 871-4399
Web site: http://www.walterind.com

Public Company
Incorporated: 1955 as Jim Walter Corporation
Employees: 4,953
Sales: $1.5 billion (2004)
Stock Exchanges: New York
Ticker Symbol: WLT
NAIC: 332996 Fabricated Pipe and Fittings; 522310 Mortgage and Nonmortgage Loan Brokers; 531110 Lessors of Residential Buildings and Dwellings

Walter Industries, Inc., is a holding company that owns home building, natural resources development, and industrial manufacturing companies. Subsidiary Jim Walter Homes, Inc., builds and sells detached, single-family residential homes, mainly in the southern United States; other company subsidiaries offer home mortgages and homeowner's insurance. Jim Walter Resources, Inc. mines coal and extracts methane gas from coal seams in Alabama. The company's primary industrial operations include Sloss Industries Corporation, which manufactures coke, slag wool, and specialty chemicals, and United States Pipe and Foundry Company Inc., the leading maker of ductile iron pressure pipe in the nation.

1. Introduction
2. Origins as Marketer of Shell Homes in 1940s
3. Expansion into Mortgages in the 1950s
4. Diversification in the 1960s and 1970s
5. Company Perspectives:
6. Asbestos Litigation and KKR Takeover in the 1980s
7. Key Dates:
8. Chapter 11 Protection: 1989–95
9. Postbankruptcy: The Late 1990s
10. 2000 and Beyond
11. Principal Subsidiaries
12. Principal Operating Units
13. Principal Competitors
14. Further Reading
15. Copyright Page
16. About Page