Monday, October 2, 2023 Oct 2, 2023
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Dallas businesses are going global.
By Paul Amundsen |

TEXAS INSTRUMENTS CEO JERRY JUNKINS, who died May 29, knew that “international ” was the wave of the “90s and the coming century. He led TI to the best financial results in the company’s history in 1995-$13.1 billion in revenue, up 27 percent from 1994, More than 200 other local corporations also have global ambitions. Exports of goods from local companies rose to $5,7 billion last year, Some of the biggest:

EXXON CORP. (CEO: Lee Raymond; 1995 revenue: $123.9 billion) Conducts exploration and/or production operations in 29 countries on six continents. Sales in Asia/Pacific region projected to triple over the next decade. Studying possibility of building the world’s largest natural gas pipeline (nearly 4,000 miles from the Caspian Sea across central Asia to China.

JCPENNEY CO. (CEO: James Oesterrecher; 1995 revenue: $20,6 billion) Maintains buying offices in Brazil, India, Japan and other countries. Department stores in Puerto Rico, Mexico and Chile. Licenses smaller JCPenney Collections stores to consumers in the Middle East, Indonesia and the Philippines.

AMR CORP. (principal subsidiary: American Airliner, CEO: Robert Crandall; 1995 revenue: $16.9 billion) Recently expanded international service to Latin America (26 cities), Canada and the United Kingdom. 1995 operating revenues from foreign operations were $4.7 billion.

KIMBERLY-CLARK CORP. (CEO: Wayne Senders; 1995 revenue: $13.8 billion) Merged with Scott Paper Co. last year to form global consumer products company. Has manufacturing facilities in 33 countries, and markets in 150 countries, including Russia. In France and Germany, the merger almost doubled sales.