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Ferro company history timeline

1919

Ferro was founded in 1919 by Harry D. Cushman as the Ferro Enameling Company.

1920

The business commenced in 1920 with an investment of $1,000.

Cushman and Williams agreed to Weaver's proposition, and in 1920 Weaver founded the Ferro Enamel & Supply Co. to sell and service Ferro Enameling Co. products.

The two companies endured early financial problems but soon grew in the favorable economic climate of the 1920s.

1921

Cushman's emphasis on quality control gave birth to the company's logo in 1921.

1923

In 1923 Weaver came up with another innovative marketing tool.

1926

In 1926 the company formed an engineering division to handle this burgeoning business that grew with the expanding appliance industry.

1927

The company's first international expansion came in 1927 after a Ferro executive from Canada suggested that the company build a plant in his adopted homeland.

1928

The division's first technical achievement came in 1928 when Ferro patented the "U-type" continuous furnace, which soon became an industry standard.

1929

Despite the relatively high shipping costs associated with exporting, The Ferro Enameling Company (England) Limited was undertaken as strictly a marketing business in 1929.

1930

In 1930 the name was changed to the Ferro Enamel Corp.

1932

In Weaver's continuing quest to promote Ferro's porcelain enameled products, he advanced the idea of an all-porcelain house in 1932.

1933

In 1933 the company acquired Allied Engineering Co. of Columbus, Ohio, and made it a second engineering division.

1934

Ferro France, founded in 1934 about 150 miles from Paris, imported porcelain enamel frit from Ferro Holland for its first year in operation, then inaugurated a smelting facility the following year.

1935

Ferro Enamels (Australia) Ltd. in Victoria, Ferro Brazil in Sao Paulo, and Ferro Enamel S.A. (Argentina) were created in 1935 with the cooperation of American Rolling Mills Co., former employer of Ferro's two founders.

1936

The corporation purchased the Ceramic Supply Company (Cesco) in 1936 to supply kiln furniture and compliment its Allied Engineering Division's kiln business.

1937

Ferro achieved 100 percent ownership of both the Holland and Canada enterprises in 1937, making the operations full-fledged subsidiaries.

1939

The Color Div., started in 1939, manufactures inorganic pigments, porcelain enamels, and ceramic colors for the plastics and coatings industries.

In 1939 the company begins trading on the New York Stock Exchange.

By 1947 the Color Division produced almost 5,000 different colors for the enamel, clayware and plastics fields. It had been established in 1939, but the work had been suspended during the war.

1940

1940: Ferro enters the paint industry with the purchase of Chase Drier & Chemical Co.

1946

In 1946 Ferro research perfected a new frit composition that soon became an industry standard.

1947

Sales manager Dud Clawson earned the gratitude of his co-workers (and the presidency of Ferro in 1947) when he negotiated United States government contracts to manufacture incendiary products like thermit, an iron oxide-aluminum metal powder, and the newly-developed napalm, a liquid explosive.

Canadian facilities were moved to Oakville, Ontario, and expanded by 1947.

By 1947 the Color Division produced almost 5,000 different colors for the enamel, clayware and plastics fields.

1951

The present name was adopted in 1951.

Diversification ensues: In keeping with commitment to diversify, the company in 1951 changes its name from Ferro Enamel Corporation to Ferro Corporation.

1967

In 1967 Ferro purchased the Electro Refractories and Abrasives Company and thereby entered the high-temperature ceramics industry.

1969

Homemaker’s dream: In 1969, Ferro invents a continuous-cleaning coating for household ovens and captures a total of six patents.

1970

Technological developments were facilitated by a new corporate Technical Center that replaced the Central Research Division in 1970.

A place for synthesis: The technical center opens in 1970 to support the complex and interrelated technologies of Ferro's businesses.

1972

Rising in the ranks: Ferro makes the Fortune 500 in 1972, ranking among the largest industrial companies in the United States.

1973

Ferro Canada reached $10 million in sales in 1973, and Ferro Holland grew so large and complex that a holding company, Ferro (Holland) B.V., was organized to manage those businesses.

1974

The acquisition of the Keil Chemical Company in 1974 expanded Ferro's Chemical Group.

1979

Having entered the plastics field just after World War II, Ferro expanded those operations into a full-fledged division in 1979 with the purchase of five plastic color businesses.

1982

Ferro blocked the hostile action by repurchasing 1.73 million shares from Crane in late 1982.

1988

By 1988, Ferro hits $1 billion in worldwide sales.

1992

In March 1992, Ferro sold its steel mill products business in Tyler, Texas, to Vesuvius USA Corporation.

1994

Celebrating success: Ferro marks its 75th anniversary in 1994.

1995

Ferro topped off its acquisition plan with the 1995 purchase of Synthetic Products Company.

2001

2001: Ferro buys dmc2's electronics materials, ceramics, glass, and pigments business segments.

Doubles triples: In 2001, Ferro acquires certain businesses of Degussa Metals Catalysts Cerdec AG (dmc2) from OM Group, Inc.

2015

Timeless tagline: Ferro adopts the tagline “Where innovation delivers performance” in 2015 to punctuate its commitment to delivering high-performing product solutions for customers and value for Ferro shareholders.

2020

Clear vision: With growth momentum firmly established, the company sets its 2020 Vision in a quest to reach $1.7 billion in sales.

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Founded
1919
Company founded
Headquarters
Cleveland, OH
Company headquarter
Founders
Harry Cushman
Company founders
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Ferro competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Chemtura Corp2005$1.7B2,500-
Valmont Industries1946$4.1B9,800279
ATI - Allegheny Technologies Incorporated1996$4.4B8,10086
Leggett & Platt1883$4.4B20,00098
Whirlpool1911$16.6B78,000148
Steel Dynamics1993$17.5B9,625341
Nucor1940$30.7B26,001474
Momentive1857$480.9M9,27076
Dover1955$7.7B23,000408
Owens Corning1938$11.0B17,000220

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Ferro may also be known as or be related to FERRO CORP, FERRO SPAIN SA, Ferro and Ferro Corporation.