Document JYB7DLn3k6JXGa8vbevxKaNX

EN COMPANY NATIONAL HEADQUARTERS, CLEVELAND 2, OHIO * GLIDDEN COMPANY HIS TORY AND BACKGROUND The highly diversified yet olosely integrated Glidden Company plant consists of 34 factories looated throughout the United States and Canada, Operations of the company fall into the following main groups: PAINT, VARNISH, LACQUER and protootive coatings of all kinds VEGETABLE OILS CUBMICA1.S AND PIGMENTS DURKEE FAMOUS FOODS METALS REFINING: powdered metals and type metal SOY BEAN PROCESSING NAVAL STORES LIVESTOCK, POULTRY FEEDS The company's original activity was the manufacture of paints, varnishes and related lines* This division today is one of the largest makers of these produots in the United States, The Chemical and Pigment Division produoes a varied group of raw materials, not only for use in the manufacture of Glidden paints and var nishes but for general sale to consuming industries. The Soy Bean Processing Division employs a patented process for ex tracting soybean oil, meal and flour and for obtaining protein and leoithin. The oompany also produoes the highly valuable sox hormones, progesterone and testosterone. The Glidden Company's Naval Stores Division produoes tars and resins, turpentine, solvents, synthetic rubber compounds and compounds for plastios. min t * ruiiiiiii tkcoetm w imiu Gl 03133? THE GLIDDEN COMPANY History end Background - 2 Major produots of the Chonical & Pigment Division are lithopone, titanium dioxide, ground T/hite barytes (barium sulphate), zino sulphate orystals, litharge, oadmium colors, Euston white lead, red lead, dry colors. Type metal, metal powders (iron, lead, oopper and tin) and allied produot6 are manufactured by the Metals Refining Company Division. The Glidden Company was incorporated in Ohio in lpl? by Adrian D Joyoe and his associates* The firm aoquired all the assets and proporty of the old Glidden Varnish Co., one of the most famous of varnish producers, and was organized under its present name. In 1919 the company was reorganized to aoquire the assets and businesses of 11 other manufacturers and distribu tors of paints and related produots. The company's food division, v/hioh was started in 1920, was ex panded and reorganized in 1929 with the purohase of a numbor of other firms. The business of E. R. Durkee & Co, also was aoquired and the business con solidated under the Durkee Famous Foods titlo. This division produoes the nationally known purkee's Famous Dressing, margarine, shortening, spioes and Worcestershire sauoej Dunham*s shred ooconut and spooial ingredients for bakeries and confeotioners. The Glidden Company's strategically looated manufacturing facilities inolude nine paint manufacturing plants, 11 food plants, the Glidden Co, Ltd, of Toronto, Canada} the Metals Refining Co,, Hamnond, Ind,; The Nolio-Resin Processing Corp,, Jacksonville, Fla. and Valdosta, Ga.j the Southern Pine Chemioal Co., Jacksonville} the Yadkin Valley Ilmonito Co,} The Euston Load Co., Soranton, Pa,; the Soya Produots Division, Chioagoj the Glidden Company Feed Mill Division, Indianapolis, and three chemioal and pigment plants in Baltimore, Collinsville, 111,, and Oakland, Calif. Gl 1)313 33 TUI: GLIDDKH COMPANY History and Background - 3 Among the Glidden Company's exclusive products are Ripolin, Jap-a-Lao, Reflectolite, Spred, Spred-Luster (the first v/ater mix oil enamel), Spray-Day-Lite, ''Alpha" Protein and other nationally known Glidden label produots. The famed Euston White lead process is the sole property of the Glidden Company, Adrian D, Joyce, founder, president and board ohairman, and R. H, Horsburgh, executive vioe president, aro two exeoutivos who have directed the multifold expansion of the company sinoe its beginnings. Now engaged in further steady expansion through an integrated ohain of 26 research laboratories, the company is oonoentrating on develop ment of new produots and processes. Sales this year are believed oortain to pass the 0111,000,000 rooord set in 194, Offioers of the Glidden Company include Mr, Joyoo and Mr, Horsburgh, R, Y/. Levenhagen, senior vioe president and dirootorj Dwight P, Joyoo, vioe president, dirootorj W. J, O'Brien, vice president and director; R, E. Sprague, vico president and direotor; C, M. Kolb, secretary; and J, A. Peters, treasurer. Gl 0313 34