Franklin W. Olin
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Franklin Walter Olin (January 9, 1860 – May 21, 1951) was the founder of the
Olin Corporation Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Olin che ...
and the Franklin W. Olin Foundation. He was born in
Woodford, Vermont Woodford is a New England town, town in Bennington County, Vermont, Bennington County, Vermont, United States. As of the 2020 United States Census, 2020 census, the population was 355. Geography Woodford is located in southern Bennington County, d ...
, and his father built mills and waterwheels.


College and professional athletics

Olin studied
civil engineering Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage ...
at
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...
, entering in 1881, where he also played
baseball Baseball is a bat-and-ball sport played between two teams of nine players each, taking turns batting and fielding. The game occurs over the course of several plays, with each play generally beginning when a player on the fielding tea ...
. While at Cornell, Olin was a well-regarded student athlete; he played both outfield and second base for the varsity baseball team, served as captain of the
rifle team A rifle is a long-barreled firearm designed for accurate shooting, with a barrel that has a helical pattern of grooves (rifling) cut into the bore wall. In keeping with their focus on accuracy, rifles are typically designed to be held with bo ...
, rowed with the
crew A crew is a body or a class of people who work at a common activity, generally in a structured or hierarchical organization. A location in which a crew works is called a crewyard or a workyard. The word has nautical resonances: the tasks involve ...
, and set school records in
shot put The shot put is a track and field event involving "putting" (throwing) a heavy spherical ball—the ''shot''—as far as possible. The shot put competition for men has been a part of the modern Olympics since their revival in 1896, and women's ...
and
hammer throw The hammer throw is one of the four throwing events in regular track and field competitions, along with the discus throw, shot put and javelin. The "hammer" used in this sport is not like any of the tools also called by that name. It consis ...
. The Cornell baseball team won the State Intercollegiate League pennant twice while Olin played there, and they occasionally played against professional teams. Olin also assisted in the management of Cornell's athletics; he served as president of the Athletic Association and as a member of the Cornell Athletic Council, designed and managed the school's first batting cage, and invented a custom curved baseball bat which he claimed aided in hitting curve balls. Before graduating, Olin briefly played professional baseball. As a professional baseball player, Olin played at least 49 games over two seasons, mostly in 1884. That year, he played for three teams, the
Washington Nationals The Washington Nationals are an American professional baseball team based in Washington, D.C.. They compete in Major League Baseball (MLB) as a member of the National League (NL) East division. From 2005 to 2007, the team played in RFK Stadiu ...
team for the American Association (21+ games) and their team for the Union Association (one or two games), and later the
Toledo Blue Stockings The Toledo Blue Stockings formed as a minor league baseball team in Toledo, Ohio, in 1883. They won the Northwestern League championship in 1883. Their home ballpark was League Park. The following year, they joined the major league American Assoc ...
(26+ games). In 1885, Olin played at least one game for the
Detroit Wolverines The Detroit Wolverines were a 19th-century Major League Baseball team that played in the National League from 1881 to 1888 in the city of Detroit, Michigan. In total, they won 426 games and lost 437, taking their lone pennant (and winning the pre ...
, in which he played somewhat poorly, effectively ending his career. Olin batted left-handed, and mostly played outfield positions. In this relatively short professional career, Olin played quite well, earning a
batting average Batting average is a statistic in cricket, baseball, and softball that measures the performance of batters. The development of the baseball statistic was influenced by the cricket statistic. Cricket In cricket, a player's batting average is ...
of .316 over 177
at bats In baseball, an at bat (AB) or time at bat is a batter's turn batting against a pitcher. An at bat is different from a plate appearance. A batter is credited with a plate appearance regardless of what happens during their turn at bat, but a batt ...
, and a
fielding percentage In baseball statistics, fielding percentage, also known as fielding average, is a measure that reflects the percentage of times a defensive player properly handles a batted or thrown ball. It is calculated by the sum of putouts and assists, div ...
of .800.


Career and later life

After graduating from Cornell with the class of 1886, Olin worked in several jobs before founding a
blasting powder Gunpowder, also commonly known as black powder to distinguish it from modern smokeless powder, is the earliest known chemical explosive. It consists of a mixture of sulfur, carbon (in the form of charcoal) and potassium nitrate (saltpeter). Th ...
mill construction business, the F. W. Olin Company, which would eventually become the
Olin Corporation Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Olin che ...
. The company's first mill opened in
East Alton East Alton is a village in Madison County, Illinois, United States. The population was 6,301 at the 2010 census. History East Alton was incorporated as a village in 1893 (some say 1894). William Cobb, namesake of Cobb Street, was one of the fir ...
, Illinois, in 1892. He married Mary Mott Moulton of
Toledo, Ohio Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and according ...
, on May 28, 1889. Olin and Mary moved to
Alton, Illinois Alton ( ) is a city on the Mississippi River in Madison County, Illinois, United States, about north of St. Louis, Missouri. The population was 25,676 at the 2020 census. It is a part of the River Bend area in the Metro-East region of the ...
around 1890, where Olin would live until his death. They had three sons, Franklin W. Jr. (predeceased), John, and Spencer, all three of whom also graduated from Cornell. He formed the
Western Cartridge Company The Western Cartridge Company is an American manufacturer of small arms and ammunition that is based in East Alton, Illinois. Founded in 1898, it was the forerunner of the Olin Corporation, formed in 1944, of which Western is still a subsidiary. ...
in 1898 to manufacture
ammunition Ammunition (informally ammo) is the material fired, scattered, dropped, or detonated from any weapon or weapon system. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weap ...
; during
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...
he diversified into
brass Brass is an alloy of copper (Cu) and zinc (Zn), in proportions which can be varied to achieve different mechanical, electrical, and chemical properties. It is a substitutional alloy: atoms of the two constituents may replace each other with ...
making for use in
cartridge Cartridge may refer to: Objects * Cartridge (firearms), a type of modern ammunition * ROM cartridge, a removable component in an electronic device * Cartridge (respirator), a type of filter used in respirators Other uses * Cartridge (surname) Ca ...
shells. In 1931 Olin acquired the
Winchester Repeating Arms Company The Winchester Repeating Arms Company was a prominent American manufacturer of repeating firearms and ammunition. The firm was established in 1866 by Oliver Winchester and was located in New Haven, Connecticut. The firm went into receivership ...
. His management of the several inter-related businesses has been described as "autocratic," characterized by close personal management of the enterprise and a fairly secretive attitude toward sales information and trade secrets, due especially to the businesses' rivalry with
DuPont DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...
. In 1944 (after
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...
), the businesses consolidated into a single "Olin Industries," and Olin retired from management of the firm, leaving it to his sons
John John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second ...
and Spencer. Olin died in
St. Louis, Missouri St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi River, Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the Greater St. Louis, ...
, in 1951. A portion of his fortune was willed to the Franklin W. Olin Foundation, which endowed numerous buildings and professorships in his name at college campuses across the United States. In 1997, the foundation established
Franklin W. Olin College of Engineering Olin College of Engineering, officially Franklin W. Olin College of Engineering, is a private college focused on engineering and located in Needham, Massachusetts. Olin College is noted in the engineering community for its relatively recent fou ...
in
Needham, Massachusetts Needham ( ) is a town in Norfolk County, Massachusetts. A suburb of Boston, its population was 32,091 at the 2020 U.S. Census. It is home of Olin College. History Early settlement Needham was first settled in 1680 with the purchase of a ...
.


See also

*
Olin Corporation Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Olin che ...
*
F. W. Olin Foundation The Franklin W. Olin Foundation, founded as the Olin Foundation in 1938 by Franklin W. Olin, was an independent grantmaking Private foundation (United States), foundation from its founding in 1938 until it spent down its corpus and closed down in ...
*
Olin College Olin College of Engineering, officially Franklin W. Olin College of Engineering, is a private college focused on engineering and located in Needham, Massachusetts. Olin College is noted in the engineering community for its relatively recent fou ...
* John M. Olin


References


External links


Olin CorporationAbout Olin College
{{DEFAULTSORT:Olin, Franklin Walter American businesspeople Engineers from Illinois 1860 births 1951 deaths People from Madison County, Illinois People from Woodford, Vermont Cornell Big Red baseball players Toledo Blue Stockings players Washington Nationals (AA) players Washington Nationals (UA) players Detroit Wolverines players 19th-century baseball players Major League Baseball outfielders St. Paul Apostles players Oswego Sweegs players Syracuse Stars (minor league baseball) players Oswego Starchboxes players Baseball players from Vermont Cornell University College of Engineering alumni