American Can Company
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American Can Company
The American Can Company was a manufacturer of tin cans. It was a member of the Tin Can Trust, that controlled a "large percentage of business in the United States in tin cans, containers, and packages of tin." American Can Company ranked 97th among United States corporations in the value of World War II military production contracts. During its peak of productivity, the American Can Company employed up to 800 people from the surrounding neighborhoods. It was a member of the Dow Jones Industrial Average from 1959–1991, though after 1987 it had renamed itself Primerica, a financial conglomerate which had divested itself of its packaging arm in 1986. Primerica, after it was merged with Sanford I. Weill's Commercial Credit Company, would form the basis of what would become Citigroup. The American Can Company had its headquarters at the Pershing Square Building in Manhattan, New York City until 1970, when it moved into a Greenwich, Connecticut facility, which had been developed on ...
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Tin Can
A steel can, tin can, tin (especially in British English, Australian English, Canadian English and South African English), steel packaging, or can is a container for the distribution or storage of goods, made of thin metal. Many cans require opening by cutting the "end" open; others have removable covers. They can store a broad variety of contents: food, beverages, oil, chemicals, etc. Steel cans are made of tinplate (tin-coated steel) or of tin-free steel. In some dialects, even aluminium cans are called "tin cans". Steel cans are highly recyclable, unlike materials like plastic, with around 65% of steel cans being recycled. History The tin canning process was conceived by the Frenchman Philippe de Girard, who got a British merchant Peter Durand to patent the idea in 1810. The canning concept was based on experimental food preservation work in glass containers the year before by the French inventor Nicholas Appert. Durand did not pursue food canning, but, in 1812, ...
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Georgia-Pacific
Georgia-Pacific LLC is an American pulp and paper company based in Atlanta, Georgia, and is one of the world's largest manufacturers and distributors of tissue, pulp, paper, toilet and paper towel dispensers, packaging, building products and related chemicals. As of Fall 2019, the company employed more than 35,000 people at more than 180 locations in North America, South America and Europe. It is an independently operated and managed subsidiary of Koch Industries. History Georgia-Pacific was founded by Owen Robertson Cheatham on September 22, 1927 in Augusta, Georgia, as the Georgia Hardwood Lumber Co. Over the years it expanded, adding sawmills and plywood plants. The company acquired its first West Coast facility in 1947 and changed its name to Georgia-Pacific Plywood & Lumber Company in 1948. In 1956, the company changed its name to Georgia-Pacific Corporation. In 1957 the company entered the pulp and paper business by building a kraft pulp and linerboard mill at Tol ...
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Brisbane, California
Brisbane (pron. , unlike Brisbane, Queensland, Australia) is a small city located in California in the northern part of San Mateo County on the lower slopes of San Bruno Mountain. It is located on the southern border of San Francisco, on the northeastern edge of South San Francisco, next to San Francisco Bay and near San Francisco International Airport. The population was 4,851 as of the 2020 census. Brisbane is called "The City of Stars" because of a holiday tradition dating back to 1939. At the start of the Christmas/Hanukkah season, many residents and business owners place large, illuminated stars, some as big as or more in diameter, on the downhill sides of homes and offices throughout Brisbane. Many of the stars are kept up all year. Geography According to the United States Census Bureau, the city has a total area of , of which is land and (84.58%) is water, the latter the Brisbane Lagoon. A remnant of San Francisco Bay, the Lagoon was formed by the construction of t ...
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Baltimore, Maryland
Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was designated an independent city by the Constitution of Maryland in 1851, and today is the most populous independent city in the United States. As of 2021, the population of the Baltimore metropolitan area was estimated to be 2,838,327, making it the 20th largest metropolitan area in the country. Baltimore is located about north northeast of Washington, D.C., making it a principal city in the Washington–Baltimore combined statistical area (CSA), the third-largest CSA in the nation, with a 2021 estimated population of 9,946,526. Prior to European colonization, the Baltimore region was used as hunting grounds by the Susquehannock Native Americans, who were primarily settled further northwest than where the city was later built. Colonis ...
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American Can Company Building
The American Can Company Building, now known as the American Can Lofts, is a historic former factory in the Northside neighborhood of Cincinnati, Ohio, United States. Built in 1921,Baverman, Laura.American Can site target of two can-do developers ''Cincinnati Business Courier'', 2005-10-03. Accessed 2011-02-25. it is a concrete building with a concrete foundation;, Ohio Historical Society, 2007. Accessed 2011-02-25. five stories tall, it has a total floor space of approximately . Built by the American Can Company, the factory was used to manufacture can-making machines, rather than producing the cans itself; it remained in operation until closure in 1963. Two years later, it was reopened by the Cleveland Machine Company, which used its first floor for machining purposes; after their departure in 1978, it sat almost totally unused, with the only exceptions being small businesses such as T-shirt printers and warehouse operators.Yersavich, Amy, et al.American Can Building Ohio EP ...
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Fairport, New York
Fairport is a village located in the Town of Perinton, which is part of Monroe County, New York, United States. Fairport is a suburb east of Rochester. It is also known as the "Crown Jewel of the Erie Canal". In 2005, it was named as one of the "Best Places to Live" by ''Money Magazine''. The population of the Village of Fairport was 5,353 as of the 2010 census. History The town of Perinton was first settled by European Americans in the two flat areas of Perinton Center (Turk Hill and Ayrault Roads) and Egypt. The first settlers in Perinton were Glover Perrin, his wife Johanna and his brother Jesse. What was developed as the village of Fairport was a swampy area within the Town of Perinton until the 1820s, when it was drained by construction of the new Erie Canal. With the opening of the Canal, what was then known as Perrinsville quickly became a busy canal port with a reputation for being a "fair port." A further boon to the area's reputation as an industry and transportation ...
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Carson, California
Carson is a city in Los Angeles County, California, United States, in the South Bay region of Los Angeles, located south of downtown Los Angeles and approximately away from Los Angeles International Airport. Incorporated on February 20, 1968, Carson is the newest municipality in the South Bay region of Metropolitan Los Angeles. The city is locally known for its plurality of Filipino-Americans and immigrants. As of 2019, it was estimated that the city had a population of 91,394. History The year 1921 marked the first drilling for oil at Dominguez Hill, on the northwest side of the Rancho San Pedro (also called Rancho Domínguez), site of the famous battle during the Mexican–American War called the Battle of Rancho Domínguez in 1846. The mineral rights to this property were owned by Carson Estate Company, the Hellman Family, the Dominguez Estate Company, and the Burnham Exploration Company of Frederick Russell Burnham. On September 7, 1923, Burnham Exploration partneri ...
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Rexam
Rexam plc was a British-based multinational consumer packaging company headquartered in London, England. After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. It had 55 plants in over 20 countries across Asia, Europe, North America and South America. In June 2016, Rexam was acquired by Ball Corporation for $8.4 billion. History Foundation Manchester-born William Vansittart Bowater trained as a manager with James Wrigley and Sons, a paper making business based in Manchester. Having been dismissed in 1881 at age 43, Bowater decided to establish himself as a paper agent in London. In a quickly expanding market, Bowater later secured contracts to supply newsprint to two of the leading publishing entrepreneurs: Alfred Harmsworth, then publisher of the '' Daily Mail'' and the ''Daily Mirror''; and Edward Lloyd, publisher of the ''Daily Chronicle''. The company was subsequently renamed W.V. Bowater an ...
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Pechiney S
Pechiney SA was a major aluminium conglomerate based in France. The company was acquired in 2003 by the Alcan Corporation, headquartered in Canada. In 2007, Alcan itself was taken over by mining giant Rio Tinto Alcan. Prior to its acquisition, Pechiney grew to be the world's 4th largest producer and developer of aluminium products, employing 34,000 people and operating 320 manufacturing and sales facilities in 50 countries at the time it was purchased by Alcan. The group operated in all facets of the aluminium industry from bauxite mining to the development of sophisticated applications of metal products in addition to international commodities trading and brokerage of the metal on the London Metal Exchange (LME). Pechiney gained worldwide recognition for its use of electrolysis technology, and was a leader in specialty packaging and aerospace applications.
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Gerald Tsai
Gerald Tsai Jr. (; March 10, 1929 – July 9, 2008) was a billionaire investor and philanthropist who helped build Fidelity Investments into a mutual fund powerhouse. After starting Fidelity Investments' first publicly sold aggressive growth fund in 1958, the Fidelity Capital Fund, he later founded the Manhattan Fund, an aggressive growth fund, in 1965. Tsai sold his interest in the fund complex in 1968 but continued to manage the funds. By 1969 the funds collapsed, losing 90% of their value. An early proponent of momentum investing, Tsai's specialty was concentrating his portfolios on narrow batches of glamour stocks, including Xerox and Polaroid Corporation, at a time when broad diversification was the prevailing wisdom. Tsai later became CEO of a can company, American Can Company. He was the first Chinese-American CEO of a Dow Jones Industrials company. Early life Tsai was born to Gerald Tsai Sr. and Ruth Tsai in Shanghai, where he lived as a child. His mother was a stockbr ...
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Fingerhut
Fingerhut is an American catalog/online retailer. Fingerhut was founded in 1948 by William Fingerhut and his brother Manny, selling automobile seat covers. In 1952, the business repositioned itself as a mail order catalog company and diversified its goods to include towels, dishes, and tools. In 1969 the company went public. The Fingerhut family was no longer involved in the business after 1979. In 1994, Fingerhut sponsored the #98 NASCAR Ford Thunderbird for Cale Yarborough Motorsports. Derrike Cope started the year in the #98 car, before he was replaced later on by Jeremy Mayfield. In 1995 the company launched the e-commerce site fingerhut.com. By 1996, Fingerhut was one of the 25 largest credit card issuers in the United States. Today, Fingerhut is distinguished from other online retailers in that customers can pay with credit, and make monthly payments until their orders are paid off. The Fingerhut brand has passed through several ownerships during its existence, including ...
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Musicland
The Musicland Group, Inc. was an entertainment company that ran Musicland, Sam Goody, Discount Records, Suncoast Motion Picture Company, On Cue, and the Media Play Superstore Chains. The Musicland Group was purchased by Best Buy in 2001 at the height of Musicland's success, which ultimately led to its demise. Jack Eugster was the CEO of The Musicland Group, from 1980, until February 2001. Its headquarters were in Minnetonka, Minnesota. History The first Musicland store was opened in 1955 in Minneapolis by Grover Cleveland Sayre II, where the company continued to be headquartered for the remainder of its history, by Heilicher Brothers, a Minneapolis-based regional record distributor and owner of the Soma Records label. In 1964 Musicland merged with JL Marsh and in 1968 with Pickwick International. In 1977, American Can Company purchased Pickwick International and in 1978 purchased the Sam Goody chain of record stores, which had a long history going back to 1951 in New York. S ...
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