Petters Group Worldwide, LLC · Minnetonka, MN United States
Company Description
Phone: 952-936-5000
Fax: 952-936-5048
Toll Free: 800-605-5364
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Petters Group Worldwide is named for founder and chairman Tom Petters -- not for what it does. It's a collection of some 20 companies, most of which make and market consumer products. Holdings include SoniqCast (maker of portable, WiFi MP3 devices), leading instant film and camera firm Polaroid (purchased for $426 million in 2005), Sun Country Airlines (acquired in 2006), and Enable Holdings (online marketplace and auction for consumers and manufacturers' overstock). It has a minority interest in Fingerhut (consumer products via its catalog and Web site). Tom Petters founded the company in 1988. In October 2008 Petters Group Worldwide filed for Chapter 11 bankruptcy protection. To read the full description, subscribe now.
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Key Petters Group Worldwide, LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 2,700 |
Petters Group Worldwide, LLC Executives
4 executives listed for Petters Group Worldwide, LLC's Minnetonka, MN location.
| Title | Name & Bio | Contact |
| EVP Human Resources and Learning Center | Patricia Ann Hamm | Network |
| President, Petters Aviation | T. Jay Salmen | Network |
| President and CEO, Sun Country Airlines | Stanley Gadek | Network |
Competition
Competitive Landscape for Petters Group Worldwide, LLC
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Petters Group Worldwide, LLC Competitors
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