In 1929, Glidden acquired the assets of Voco Nut Oil Products, Inc., Wisconsin Food Products Co., Troco Co. This subsidiary refined vegetable oils and produced "oleomargarine." By the onset of the Great Depression, Glidden had formed a sturdy conglomerate that was able to purchase smaller companies disadvantaged by the economic turmoil. Although the company was an influence in the consumer market, most of its business centered on original equipment manufacturers in the automotive and industrial fields as well as contractors, dealers, and 30 retail stores. Glidden spent the years before the Great Depression developing lacquers and coatings of all types for decoration and preservation of wood and metal surfaces. These operations allowed Glidden to supply the paint manufacturing business as well as several other industries.Īcquisitions in the coatings field continued throughout the 1920s with the purchase of The Chemical & Pigment Co., Inc., The Diamond Paint Co., Euston Lead Co., Metals Refining Co., and the Mamolith Carbon Paint Co. The company's Chemical & Pigment operations also produced pigments for ceramics, printing ink, and automotive industries. Lithophone was widely used in the paint, rubber, and linoleum industries. This nine-year buildup brought Glidden into the ranks of the leading producers of lithophone, a white pigment produced through the combination of barium and zinc ore derivatives. in Hammond, Indiana, rounded out Glidden's chemicals and pigments purchases for the decade. were added to the roster of companies, and in 1927 Glidden formed the California Zinc Co. In 1921, Glidden formed the Chemical & Pigment Co., a subsidiary that was supplanted with the 1924 purchase of Euston Lead Co. Glidden spent the 1920s integrating vertically through the acquisition of chemical and pigment companies. of California, Nubian Paint & Varnish Co., Twin City Varnish Co., and A. Blood & Co., Campbell Paint & Varnish Co., Forest City Paint & Varnish Co., Heath & Milligan Manufacturing Co., Heath & Milligan Manufacturing Co. The companies, some of which had been established as early as the 1850s, included the Adams & Elting Co., American Paint Works, T.L. Within the first two years of his career at the helm of Glidden Adrian Joyce oversaw the acquisition of ten paint and varnish companies across the country. Joyce became president of The Glidden Company when it was incorporated in 1917, a position in which he would remain until 1950, when his son, Dwight P. Joyce and his associates after a public sale. Gradually gaining marketshare, Jap-A-Lac became one of the better-known varnish brands in 1903, when Glidden established a remarkable $60,000 advertising account for the product.Īt the age of 85, Francis Glidden retired from the business, turning the company over to Adrian D. By that time, Glidden employed 18 workers in a new factory and was turning out a variety of industrial finishes for furniture, pianos, carriages, and wagons.Īlthough it had always concentrated on industrial finishes, in 1895 the company introduced Jap-A-Lac, a color varnish for the consumer market. As partners retired over the years, the company's name went through several changes until 1894, when it became The Glidden Varnish Company. The business produced 1,000 gallons of varnish each week and made deliveries via horse and wagon. In 1875 Glidden, along with Levi Brackett and Thomas Bolles, founded a Cleveland varnish-making business, which they called Glidden, Brackett & Co. The company still bears the name of one of its founders, Francis Harrington Glidden. and a member of the world's leading paint manufacturer, ICI Paints. Glidden is a subsidiary of ICI Americas, Inc. produces branded paints that dominate the American household consumer market. SICs: 2851 Paints and Allied Products 5198 Paints, Varnishes & SuppliesĪmerica's third largest paint company, after Sherwin-Williams Co. Incorporated: 1917 as The Glidden Company Wholly Owned Subsidiary of ICI Americas Inc.
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