Press Release Details
Colfax Corporation Recognized by Forbes as One of America’s Best Employers
- Company ranked alongside Spotify, AirBnB and ESPN as an outstanding midsize employer -
Wilmington, DE, Feb. 14, 2022 - Colfax Corporation (NYSE: CFX), a leading diversified technology company, has been named by Forbes as one of America’s Best Employers for 2022. The list of award-winning companies, presented by Forbes and Statista Inc., a world-leading statistics portal and industry ranking provider, was announced last week.
Forbes and Statista selected the America’s Best Employers for 2022 through an independent survey applied to a vast sample of approximately 60,000 American employees working for companies with more than 1,000 employees. Across 25 industry sectors, 1,000 companies have been awarded in the two categories of large and midsize employers. The evaluation was based on direct and indirect recommendations from employees that were asked to rate their willingness to recommend their own employers to friends and family.
Colfax Corporation’s platforms include DJO, a leader in orthopedic medical devices and surgical solutions designed to power motion and keep people moving, and ESAB, a world-leading manufacturer of welding and fabrication equipment. The company expects to separate into two independent and publicly traded companies near the end of the first quarter of 2022. While ESAB will continue to focus on fabrication technology, Colfax and DJO will rebrand as Enovis™, a medical technology company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows.
“It is an honor for Colfax to be recognized by Forbes as one of America’s best employers,” said Colfax Chief Executive Officer Matt Trerotola. “From our founding in 1995, we have set out to build a company that does things better through a culture of continuous improvement, unparalleled innovation and extraordinary talent. Our associates around the world are the heart of our organization and share a common set of values and behaviors that drive our success and global growth.”
Trerotola continued, “As we launch Enovis™ and grow in the medical technology sector, we are confident that we will be even more successful through an increased focus on attracting, retaining and developing the best talent.”
The full Forbes list of America’s Best Midsize Employers can be found here. To learn more about Colfax Corporation, visit www.colfaxcorp.com.
About Colfax Corporation
Colfax Corporation (NYSE: CFX) is a leading diversified technology company that provides orthopedic and fabrication technology products and services to customers around the world, principally under the DJO and ESAB brands. The Company uses its Colfax Business System, a comprehensive set of tools and processes, to create superior value for customers, stockholders and associates. In March of 2021, Colfax announced its intention to separate into two independent and public companies, which is targeted to be completed near the end of the first quarter of 2022, to accelerate strategic momentum and unlock additional value creation potential. Enovis Corporation will focus on medical technologies and ESAB Corporation will focus on fabrication technologies. For more information about Colfax and our separation activities, please visit www.colfaxcorp.com.
Vice President, Corporate Communications
Source: Colfax Corporation