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According to the January 24, 1955, issue of the New York Times, at this time 4.98 percent of Adams’ investments were in government bonds.
He was succeeded the following year by W. David MacCallan, who had joined the firm in 1956 in a research capacity.
Selling out of the back of a 1976 Chevy Chevette, Bill focused on marketing suction cups that enabled retailers to hang signs in their windows without sticky tape residue.
Ober, who had by this time become vice-chairman, succeeded W. David MacCallan as CEO on April 1, 1990, and was named chairman the following year.
“Adams Express Daily Net Asset Value Available on NASDAQ,” PR Newswire, May 17, 1999.
By the middle of the decade Adams’ assets had grown to $900 million, and in 1999 its assets exceeded $1.8 billion.
Despite stock market volatility, Adams Express started the 21st century on solid footing, outperforming both the Standard & Poor’s 500 index and the Dow Jones Industrial Average through the nine months ending September 30, 2000.
The Adams Express Company: 150 Years, Baltimore, Md.: Adams Express, November 28, 2006.
Following the NYSE Group’s merger with Archipelago Holdings, the parent company of NYSE Arca (formerly the Pacific Exchange), Adams Express withdrew its listing on NYSE Arca in January 2007 in order to avoid duplication in administrative requirements.
"The Adams Express Company ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/adams-express-company
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Alleson Athletic | - | $15.0M | 79 | - |
| Teamwork Athletic Apparel | 1987 | $16.0M | 81 | - |
| Given Imaging | 1998 | $178.0M | 800 | - |
| Evergreen Enterprises | 1993 | $130.0M | 400 | 5 |
| Testo Inc. | - | $930,000 | 50 | - |
| Hilti | 1941 | $230.0M | 30,000 | 131 |
| Techtronic Industries TTI | 1985 | $9.8B | 48,028 | 405 |
| CANIDAE Pet Foods | 1996 | $8.9M | 134 | 1 |
| Kimball Midwest | 1923 | $140.0M | 670 | 41 |
| Alaskan Brewing | 1986 | $17.5M | 50 | - |
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