Vontier Corporation: A Leader in Industrial Manufacturing

Vontier Corporation: A Leader in Industrial Manufacturing

Vontier Corporation is a prominent industrial manufacturing company that plays a critical role in the global supply chain and infrastructure. Headquartered in Raleigh, North Carolina, the company operates as a public entity, listed on the New York Stock Exchange under the ticker symbol VNT and recognized as a component of the S&P 400 index.

Key Facts

  • Headquarters: Raleigh, North Carolina, U.S.
  • Stock Ticker: NYSE: VNT
  • 2020 Revenue: $2.704 billion
  • 2020 Net Income: $342 million
  • Workforce: 8,400 employees (as of 2020)
  • Market Position: S&P 400 component

Corporate Structure and Leadership

Vontier is led by a seasoned executive team dedicated to industrial excellence. The company is currently chaired by Karen Francis, with Mark Morelli serving as the President and Chief Executive Officer (CEO).

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Diverse Brand Portfolio and Subsidiaries

The strength of Vontier lies in its diverse portfolio of specialized brands and subsidiaries. By managing a variety of industrial tools and technology services, Vontier maintains a broad market reach.

Core Brands

  • Gilbarco Veeder-Root: A leader in fueling and convenience store equipment.
  • Matco Tools: A provider of professional-grade tools and equipment.
  • Teletrac Navman: A specialist in fleet management and telematics (the integration of telecommunications and informatics for vehicle tracking).

Additional Subsidiaries

Beyond its primary brands, Vontier oversees several other key industrial entities, including Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).

Financial Performance and Assets

Based on 2020 financial data, Vontier demonstrates a robust economic footprint. The company reported total assets of $3.073 billion and total equity of $187 million, reflecting a stable foundation for its ongoing industrial operations.

Vontier Corporation Financial and Operational Summary (2020)
Metric Value
Annual Revenue $2.704 Billion
Net Income $342 Million
Total Assets $3.073 Billion
Total Equity $187 Million
Employee Count 8,400

Frequently Asked Questions

Where is Vontier Corporation headquartered?

Vontier Corporation is headquartered in Raleigh, North Carolina, United States.

Which stock exchange is Vontier traded on?

The company is a public company traded on the New York Stock Exchange (NYSE) under the ticker symbol VNT.

What are the primary brands owned by Vontier?

Vontier owns several major brands, including Gilbarco Veeder-Root, Matco Tools, and Teletrac Navman.

Who are the key leaders of Vontier?

The company is led by Chairman Karen Francis and President and CEO Mark Morelli.

What other subsidiaries does Vontier manage?

In addition to its main brands, Vontier includes subsidiaries such as Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).

References

  1. "Vontier Corporation 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. EANES, ZACHERY (February 21, 2020). "A public company plans HQ move to Raleigh. A small portion of its workers will follow". The News & Observer.
  3. "Fortive Completes Spin-off of Vontier" (Press release). Business Wire. October 9, 2020.
  4. "Vontier Announces Launch of Secondary Equity Offering of Remaining Shares of Common Stock Held by Fortive" (Press release). Business Wire. January 12, 2021.