Document MJDZjxN0LD57BnvdJ4E1dwjNj
O- W. MAX C V
THE OLIODEN COMPANY
1396 UNION COMHCHCe BUI LOINO
B *0t9S4
CLIPPER GROWS DTOtRESTB
CLKVCIANO (A.OHIO
fills resume outlines The Glldden Company and our field* of growth interest,
file Glidden Company is engaged in the following:
1. Manufacture and distribution of Paint, Varnish, lacquer and other protective coatings for industrial and hone use. Eleven Plants In U<8. and Chnsrta.
2. IXirtee Peaoua Poods manufactures and distributes to industrial users and
retail trade edible oil products of all types, fiiess Include hulk and packaged shortening, salad oil, Margarine oil, packaged Margarine, Mayonnaise, and hard butters. In addition, Durkeo has a couplets line of spices, extracts and coconut products.
3- Soya Products Pivlslon Manufactures and distributes exude soybean oil sad seal, soya protein, soya flour, soys adhesives, soys sterols, lecithin and other soya derivatives. A complete line of stock end poultry feeds are produced.
this division also Manufactures linseed oil and linseed neal.
>4.
Chemical, Pigment, Metals and Mining Pivision Includes tbs Manufacture sad distribution of titaalun dioxide, llthopone, cmdalm oolors, barytes, white lead, powdered lead, powdered copper and the Mining of barytas, sine and copper.
5. Raval Stores PIvision Manufactures gta* rosin, gun turpentine and derivatives, terpene chemicals, polymerised resin, pine tar, pine oil sod other products.
Glldden's .35jmaaufacturlng plants are supported-by~ 28 labormtori#* engaged la research, product developsent and product control.
The manufacturing organisation Is backed by a nationwide sales staff.
The financial structure of the Glldden Company is as follows:
Current Assets Other Assets Property (Ret)
* ,,67 429,973 2,005,381 33 234,243
Current liabilities
$ 21,423,276
Serial Rotes 1955-1957
7*000,000
Capital Stock-and------
102,749.597 listed on the Rev York Stock Exchange.
N13461
GLD023625
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fba Olldden Caapany's growth pattern will follow certain bull twin .
1. Growth from new products of our own Invention and. creation I *~"*^"rt**
2. Orgvtb from the securing of products by purchase or lie
3. Growth by acquisition of other eonpanles by stock exchange or cash purchase.
la tbe acquisition category our Interact can rags tram coaganiaa with a net worth of 100,000 wp to #30,000,000. Bach coagwnlee should be aanafsetarers In field* the or saawwhat similar to those where we are now engaged, or hare a distribution patten eaapetlble with our exlstls setup.
Owr prise interest In acquisition i* la certain flails:
l Chemicals - prinarlly industrial balk 1 not of parfeieular Interest.
e. Ittro chemicals.
.3 Plastics - bulk raw neterlalt.
b. Pbints - prinarlly la the nldwaat beet Coast sad Hasten
.5 Con processing or other bulk foot operations.
is 6. Vegetable ell reflalag.
% << an a awdar of zeaaoaa why acgslaltloo bgr gTJfld-- could he ftsesWjent
vf.
the principals of other eonpanles >
1. Marketability of (Hidden stock for prlaclpala held
e. Providing capital to a caagaay with m good
lacklBg financial stragth.
-3 Pronridlng management to a company In control of prooaasaa and Ideas but which Is hampered by ah inadequate staff.
k. Providing manufacturing and distribution facllltloa to a eahgasy all aspects but aeediag a wider has* of operatioaa.
Me an aot Interested la fields such as equipment sad other operations far
day auggeatioBS will be carefully considered and sources of lafOmatloa will be fully
protected, initially w would appreciate haring name of eospasy, am of parson you
suggest our contacting, fields of activity, plant locations sad egproodwte else. (It
la to be understood that no obligation la incurred on the pert of She
Company
on suggestions submitted.}
^end eay suggestions to the undersigned, 1396 tfcloe Oomree Bldg., Slevwlsai lb, Chio.
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