Thursday, December 18, 2014

Carlyle now one of Pa.'s top employers

PE giant owns ManorCare, Wesco, PQ, Phila Energy, Axalta, though not Dunkin' or Hertz anymore

Carlyle now one of Pa.'s top employers

Carlyle Group would rank among Pennsylvania's dozen biggest private employers, next to Vanguard Group or Comcast Corp., if all 12,000 full-time workers at the 18 companies that Carlyle owns in the state were counted together.

 "We had more, before we sold Dunkin' Donuts and Hertz Rent-a-Car," said Carlyle's David Marchick, the onetime Clinton administration lawyer who is now the McLean, Va.-based buyout firm's global head of external affairs.

Physical therapists at ManorCare nursing homes, railroaders on Philadelphia-area short lines, chemical experts at PQ Corp.'s Chester plant or Malvern headquarters, Wesco workers at some of the former Westinghouse factories near Pittsburgh, military-contracting consultants at the Philadelphia and Johnstown offices of Booz Allen Hamilton, drug-test monitors at Pharmaceutical Product Development in King of Prussia, Blue Bell, and Wayne - all these and more work for Carlyle, the $180 billion- asset company that has made founder David Rubenstein a billionaire.

 So do more than 800 at Philadelphia Energy Solutions, the South Philly oil refinery Carlyle took over last year after Sunoco shut it down. So will 330 at Axalta Coating Systems, the DuPont Co. car-paint spin-off that Carlyle bought for $5 billion in 2012 and is moving to Philadelphia. Read more in my Oct. 20 column in the Philadelphia Inquirer here.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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