Document yrj88JXxw7QgeJRM9jobqLLv4

THE HISTdJT CF TIE SHEHTOi-iTILLlMS CO. *..OQO... The Shargla-tTilllaiPn Co. is the acrid9a largest pnaftwtursr of- paints, `varnishes, lacquers, inasctioidei, and associated products. 1866 Shersin-ffin laws dates firca 1866 when Henry A. Shersin invested 82,000, his savings book account, in a partnership with Truaan Dunhaa and H. 0. Orisndld under the mm of Tnasan Bunhsns 4c Co. Total capital invested $57,000. Sales the first year were $400,574 of lead, oil, paints, and painters* supplies. 1868 K. T. Osborn admitted to the partnership. Bought linseed oil mill. 1870 Partnership dissolved, Dunham and Qriaeold entered linseed oil manufacture. E. P. Bill jams joined with Shersin and Osborn, each investing $15,000 in partnership, Shexvrin-ffilltaga & Co. to handle paint end of the business. Store at 226 Superior Street, Cleveland. Mew 42 uarehoutes, 550 branches, 25,0CO authorised dealers and an untold number of retail outlets pnas^Shf' product* frm Jobbsrs. 1873 Began manufacturing paint in one snail building on Canal Read, Cleveland. Output tire first year 450,000 pounds of oil paate paint. Nov 32 factories, 700 buildings, manufacturing 35,000 pro ducts, a total of over c eo billion pounds. 1874 - Manufacture of tin cana kjr hand begun. Nov tvo plants manufacturing 500,000 daily. 400 eaplcyees. Printing of labels and oolar sards started - one snail press, tvo nen and a bqjr. Nov 200 saployses, 18 modern presses and other modern equipment printing meiy nUlioos of labels and advertising features. 1880 - First manufacture of SRP - set standard for hlgt-grede house paint, leading lmdustzy away from cheap, poor-quality, ready-niaoed paint then offered to ah unsuspecting, public. 1884 * ftotnnrship dissolved. The Sherpd-Mfilllaas Co. incorporated $ , , .July 18, 1884, capital $300,000. Nov capital and surplus over 80 000 000 1888 - Manufacture established at Chicago through purchase of the Calmest Paint Canpaqy item, the Pullaan Ccngfflay. 1895 - Manufacture begun in Montreal through organisation of Walter H. .Cottingham and Co., Ltd. N11837 0007-SWP-000004904 1898 ' W. H. Cottingham appointed Occurs! Manager, Put complete lies of varnishes an the market. 1?00 - Paint aod TOmiah factciy oatabllahad ln Hawart:, N. J. 1900-1910 Manufacture of linseed oil, leaded sino, whit* load, litbcpone, dry oolers, and inaooticidaa. Muy prepared paints and nanalo addod. 1914 - Because of aar with Germany, undertook gaumfaatara of intermediate chemicals at Chicago. and 1919-1920 ' Hants established at Detroit, Danas, Oakland and Bound Brook, 1922 - IGuanfaetnr* of autonobils lacquers begun* 1929-1920 Began manufacture of aynttatie realns for use in vamiahss and enamels. Hants astabllsbsd at Dayton, Philadelphia, Pittsburgh, iind.ips^iw*: . 1939 - Dehydrated caster cdJLaomfacturs undartaton at Cleveland. 1940 - Hant cstobliabed at Duanes liras* 1941 - First nwruftictura of resin amlalcn paint - Ssa-Tone, leading tfca Industry in the introduction of this important nee product. 1941-1945 Manufactured nuoy paint, varnish, lacquer, and chemical products for military use. Managed stall-lending plant for far Dspartassnt at Caxfoczsdale, mineda. 1944 - Plant erected at Sao F&ulo, Brasil. 1947 > Hant established at Mexico City. 1948 - Modem white enamel plant and new plant for manufacturing lithe-* graphed cans installed at Chicago. Pigment research and vegetable product laboratory established at Cleveland* Xas^Do put on the market.- gsa^mdamij^raBMS-^ 'ui'lnn=ey.T 1949 - Property acquimd for factory, and sarehouse building erected at Atlanta, Oecrgla. New marehbuse building at Oibbsbcro. Extensive additions to plant at tallas.v 1950 - Super lUo-Tons put on the market. ADyd varnish kettles installed at Nenark. Business bas groan consistently until it is nor 700 times as such as the first year. Capital increased fron $45,000 to capital and surplus osnar 80,000,000. 0007-SWP-000004905 -> Tbs Cagpajy new lncludass &am islity Paints, :;:3o.: Btroit, Michigan & Co. , Ponnayiranis Detroit, Michigan. Tbs Sh&rtriiHnlIK jins Co. of Canada, Ltd. Montreal, Canada Cla. Shsrsln-Billiaas, S. A. ottarf" Ths Sh^riria-Sllliaaas Co. of Cabs. S. A. Cobs Sheroin-Wiliiaas Argentine, S. A. Bossies Airss. Aresntiia Shsrwln-gnT^sms ds Brasil, S. A. Tintes e Ysrni* Sao Paulo, Brasil Zbn Coqpau^ also 1ms Engiiah connections with 33 brsnchss all orsr ths rsst of the world. Shsrwi-?Jilliana products aovdlj "corer-thfl-earth.? Constant greath and leading position in ths industry is das to continuity of good mnagsamt aind capable and lqjral anplcgrssst Homy A. Sharwin, President and Chairn&n of ths Beard 1870*1916. Walter H. Cottinghaa, Oeneral Manager, Brsaident, Chaimaa of Board 1098-1930. Osorgo A., Martin, General Manager, FTssidant, Chsairsan of Beard 19ZL-1944. A. nr. Stettdsl, Jtrssidsnt 2940 to date. 0007-SWP-000004906 --4-- Hunker of employees increased rm about a deaen in 1870 to cear 34,000 near* 2074 men and moon ocmplsted 2$ Tears la Company** service up to December 31, 1949j 1309 still active; 59 ocayisted 50 Tears, of whoa 7 ar still active* ' "1 Company la Bhcwa ky the Em it Shape*" Organisation nor lacludee over 1,000 managerial and supervisory positions* Vacancies occurring usually filled finsi ranks* Outsides' taken into one of these higher positions only when acme special HoMndedgs or skill is seeded beyond that pcseaeaed ty ' ao available Kate*? ef the staff* Thao basins# is ga&dCd ty appraa&a&foaly 40,000 j mo t of practical experience* PB 0 0 0 TS PMsrt, varnish, laoqoer; every variety of protective sod dsectre~ tiro coatings far -- Hens esners, office and FsMlc Buildings, Hotels, etc, .... .MqstariLal manufacturers . Rail, Karins and Air Transportation ecapanies Federal, State, County and Municipal governments Over 50 distinct lines of protective and decorative coatings and similar products sold to dealers for household use and building maintenance* 125 distinct lines of product finishes and protective coating for general industrial use* A aide variety of products for transportation, factory mainten ance and requireaanta of ear. Navy, hlghsay and other Government departments,. Insecticide# fer general household and agricultural control of insect pasts and plant diseases* Primary and Intermediate Ctenisalji for naxy industries. Plain and lithographed tin and products* '".'l, c**1* V' !*&*& and similar , HFLCIEB 1OATI0HS AND 1AB0R SITUATION ------------------ 1--ffiSSHW---------- ----' Great care ami thorough testing of candidates for a&plqyssnt* 0007-SWP-000004907 Easployess educated and trained for ach job, to thoroughly understand Canpaiy policy, than permitted mob latitude in action and given full responsibility and bald accountable for rooults. Opportunity - Almost all 'of- tfaa higher officers gnmr up from tbs rentes. Long Sasrlc# - 1300 oat of l4,(XM saqal^nssB bav bsn ta '' .:!aervloe: ".over..2S years*- V (kmpensation -- Casparsbls with . other industries. Insrence - la force since 1887. Bstlramamt - Pensions in effeot sines 15XL. Health and safety ~ Record my high. Svsiy facility pro vided, ; Cafeterias - lb major enplQgKmnt canters. Bsereational activities - provided at all larger establishments. Very little labor trodbla. Faotarios organised under C.X.O. or JUF. of L. Over 200 trained chemists, 2$ college faUeeships constantly occupied in research, development of products, and control of manufacture. Headquarters laboratories for resssrch an paint, varnish, lacquer, resins, ails, pi^aents and agricultural chemicals. Field tests carried on at many points. bocal control laboratories at each plant. SALES AHD DISTRIBUTION CBQANgATIOM. \- Rram the beginning llama sales have been through dealers. Haay her l handling products and still are on books since 1870. In trading areas requiring (paatest distribution some SSo Cceqaiy branches have been established to supply dealers and soil direct to consumers. 0007-SWP-000004908 Distribution of product* accomplished through 12 acmpaniaa, 32 factories, 42 sarahousss, and a total of about 150,00(1 retail outlaid, Parent S-it Co. has 8 regional offices, 32 salsa ions, ISCO sales representatives, 25,000 Sharsin-Williaas fulllias cioalars, Bauy department stores, hardsnrs aod paint stores. Sach subsidiary company has its on label and brand of products. Sons items are sold by all sobers of the '^aisiui ecu- solldabiBg advertising, research and raisufectixra. Salsa representatives are paid a baae aalazy and arfcra ccmpaiiasrtion for isles beyond normal quota mt feptsrrifccry. ' Brandi managers partielpat* in profit ssnaad by branches. lhtxy salts caiwpilgfts and oontssto are organlstd. Aggressive advertising 'curled on through descriptive literature, nevrsps.pers, magaslnss, radio, aorls films, and dasmstratiens. Novelty featurss such as Style Quids and Metropolitan Auditima of tbs Air radio program. Trad* salsa products sold by rsprsssntatlees and branches direct to1'dealers. ' Industrial, transportation, aircraft, aarime, automobile, and PLyeant, Color and Chemical sales handled through sena representatives report ing to regional offleas, bach speoial teehnioal service is required for sueh business. Agricultural chemicals sold ttarougi best channels to reach farmers and gs'oswps. Household itens are add through paint storea, as sell as department stores and hordsare stores. Ths census reposes of the paint industry included 680 sstSbilsimisnts in lp49 doing a business of $1,063,340,000. 34?SO shoning increase oter 1949. Salas par capita about $7.00, in entire United States. Tremendous bacKLefe of painting deferred during sartias shortage of paint materials. Haiynow buildings and houses being constructed, feint industry potential business emanates from the original painting of non' structures, brldgsa, equipment, railsays, chips, aircraft, and tl repairing of Same. "Save the Surface and Tou Save All." Paint le used to maintain present property with great econosy in vies of present high cost of nes construction. A survey of palntahls build ings, construction and equipment la the U. S. recently indicated a veins of approximately these bilUcn dollars. To protect this invest-- of IS. "feint Protects America" at a 0007-SWP-000004909