Tuesday, June 14, 2011

Jon Huntsman money In China Will be used to Declare His Candidacy in New Jersey


We now employ more people between China and India than we do in North America, which is really quite phenomenal when you consider that about 90 percent of our associates 10 years ago were in North America,” CEO Peter Huntsman, 48, a younger brother of the potential candidate, told an industry conference on June 8.

He was referring to employment in all of Asia when he mentioned those figures, said Gary Chapman, a company spokesman.

“At Huntsman Corporation, we have a rich history of creating good American jobs and providing quality American product to the rest of the world,” Chapman said in a statement. “Over the years, Huntsman Corp. has grown from a small family business into a global corporation that employs thousands of U.S. employees.”

Huntsman Corp. had 2010 revenue of $9.25 billion and about 12,000 employees globally. Its chemicals and adhesives are used by a variety of companies, including by Boeing Co. (BA) for its new 787 Dreamliner. Before the company went public in 2005, it was the world’s largest privately owned chemical producer.

Former Utah governor and ambassador to China Jon Huntsman revealed today that he'll make his long-awaited official campaign announcement a week from today in New Jersey. That may seem like an odd choice, since New Jersey isn't Huntsman's home state, nor is it an early primary state or even an especially important general-election state. But Huntsman will be declaring his candidacy in Liberty State Park, with the Statue of Liberty behind him, so it appears he just really likes a good backdrop.