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Transportation Company - Smith-Douglass - Chemicals
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Company NameSmith-Douglass
CategoryChemicals
Year Founded1927
Final Year of Operation1964
TerminationAcquired
Successor/ParentBorden's Farm Products (Details)
CountryUnited States (Details)
Source of TextTroveStar



Company History: In 1927, Ralph Benjamin Douglass purchased a part-interest in the Smith Reduction Corporation, in Norfolk, and became the vice president and partner of its founding president, Oscar Frommel Smith. Renamed the Smith-Douglass Company, Incorporated, it produced nitrogen-based liquid fertilizer and during the next three years erected new plants in Danville and in North Carolina. The company began production of superphosphate, another fertilizing agent, in 1935 and of sulfuric acid in 1938, part of its development of a vertically integrated production system that controlled nearly all aspects of fertilizer manufacture from raw material through commercial product. During World War II, Douglass served as an adviser on chemical fertilizers to the Department of Agriculture.

In 1964, the Smith‐Douglass Company, a fertilizer producer of Norfolk, Va., which has been courted for some time by several large companies, has finally become engaged to the Borden Company. The proposed consolidation would involve some $70 million worth of stock.
Successor/Parent History:
Borden, Inc., was an American producer of food and beverage products, consumer products, and industrial products. At one time, the company was the largest U.S. producer of dairy and pasta products. Its food division, Borden Foods, was based in Columbus, Ohio, and focused primarily on pasta and pasta sauces, bakery products, snacks, processed cheese, jams and jellies, and ice cream. It was best known for its Borden Ice Cream, Meadow Gold milk, Creamette pasta, and Borden Condensed Milk brands. Its consumer products and industrial segment marketed wallpaper, adhesives, plastics and resins. By 1993, sales of food products accounted for 67 percent of its revenues. It was also known for its Elmer's Glue and Krazy Glue.

After significant financial losses in the early 1990s and a leveraged buyout by KKR in 1995, Borden divested itself of its various divisions, brands and businesses. KKR shuttered Borden's food products operations in 2001, and divested all its other Borden operations in 2005. The Borden dairy brands are currently used by both Dean Foods and Grupo Lala (as Borden Milk Products) for milk and by Dairy Farmers of America for cheese.

From Wikipedia
Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.

Item Links: We found: 1 different collections associated with Smith-Douglass - Chemicals
Item created by: George on 2024-01-02 15:39:24

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