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Ideal Chemical & Supply Co. history
Ideal Chemical & Supply Co. company history timeline
1932 - A writer for American Magazine interviewed Vincent who showed him a collection, no other company, at the time, could match: a set of 14 volumes that contained the records of the 5,500 patents held by Vincent and his company.
In 1932 the corporation Vincent had founded was one of the foremost manufacturers of automotive and aviation equipment in the world, with 15 plants in this country and abroad.
By the 1933 Chicago World’s Fair, more than 100,000 Chicago homes burning oil for heat and more than 300 retailers were selling oil burners for heating.
By 1933, gas companies began a new marketing campaign for home heating.
One was created in London in 1936 and one in Stockholm in 1936.
Tom MacDonald was sent to establish a wholly-owned subsidiary; Honeywell-Brown, Ltd. was established in 1936.
A 1937 -company profile in Fortune magazine pointed out this important fact about Sweatt and his firm.
In May 1939, the company acquired a plant and warehouse in London and began factory operations there while augmenting the staff of its Swedish subsidiary.
Wilputte Coke Oven Division, a part of Semet-Solvay, evolved from the Wilputte Coke Ovens Corporation, which was acquired by Allied in 1940.
In the late 1940’s, Minneapolis-Honeywell engineers developed a servo-amplifier system for controlling ambient temperature in aircraft cabins.
The Bendix Brakes won the World Championship in 1941.
By 1941 it was clear that Honeywell was going to be a mass-production facility for military instruments and equipment.
By mid-1941, work on defense contracts had grown to the point where the company the company thought it prudent to increase security and offices.
The property was purchased by Allied Chemical Corporation in 1942.
In 1942 Vincent was named chairman of the board, but only remained for a few months before cut all official ties with the corporation.
Dedicated on September 24, 1943 was a giant hangar built at the World-Chamberlain Field in Minneapolis.
A. P. Fontaine first joined Bendix in 1944.
Three million periscopes, 300,000 telescopes, 100,000 mortar sights,160,000 gunner’s quadrants, 110,000 autopilots and associated devices, 800,000 turbo regulators and more than 35,000 four-engine bombers were equipped with M-H C-1 automatic pilots and turbo-chargersuary 1946, Lt.
Aero Division’s challenge was the unprecedented mass-production of higher sophisticated “electronic instruments”. In 1946, Aero profits were just $25,000, barely breaking even compared to other sections of the business.
Orders placed since the first of the year (1946) exceeded $4,100,000.
Deactivating many divisions and settling with the cancelled government contracts, withdrawing from the $100 million worth of production facilities, reducing and realigning personnel in 1947.
By 1948 the new field stone laboratory built on the hilltop where “Cedar Court” had stood, was ready for its staff of 150 scientists.
1950's -- Bendix introduced several new and important products for commercial aviation application, including the Polar Path Compass, which made Arctic Circle flights possible and airborne weather radar, which permitted pilots to avoid storms in flight.
In 1950, the company purchased the Macro Switch Company of Freeport, Illinois.
In the 1950’s, the company management checked out many sources regarding the progress and development of the current computers.
In 1951, the outbreak of the Korean War caused Honeywell to re-activate the Ordinance Division.
UNIVAC, built in 1951, by Sperry Rand, was sold to the United States Census Bureau.
Honeywell, repeating UNIVAC’S 1952 performance, used the H-800 to predict the outcome of the national elections on ABC television.
In 1953, acquired the plant of the Louiseville Pulp and Wallboard Mfg.
By 1953, The Honeywell Round would be ready to transform the post-war home.
Mutual Chemical Company of America was acquired in 1954.
In 1956, the anti-submarine Rocket (ASROC) was a prime contract for the Navy, for the development and production of a rocket-assisted anti-submarine weapon with sonar foe detecting targets.
In 1956, Yamaguchi’s company took the name of Yamatake-Honeywell, and began a long period of prosperity.
The Datamatic D-1000 was a vacuum tube system costing $1.5 million, first sold and installed in 1957.
Allied Chemical Canada, Ltd. - Originated in 1958 with the consolidation of five wholly owned Canadian subsidiaries: The Barrett Company Ltd.; Brunner Mond Canada Ltd; National Analine & Chemical Company Ltd; The Nichols Chemical Company Ltd; and Semet-Solvay Ltd.
Prominent in the manufacture of dyes, dye intermediates, food colors, and detergents. Its organic pigments were made in Haledon, New Jersey, at the Harmon Colors plant acquired from the B.F. Goodrich Company in 1959.
Union Sulphur subsequently became the Union Oil and Gas Corporation of Louisiana, which was merged, in 1960, with the Texas Natural Gasoline Corporation to form the Union Texas Natural Gas Corporation.
The name was changed in the 1960's due to mergers with other elements of the present Bunker Ramos Corporation.
As early as 1960, Walter Finke, the president of the Datamatic Division, was predicting the development of a system like the internet.
Thirteen H-800 were installed in the first quarter of 1961 and several companies in Australia purchased the system.
The caprolactam plant operated by the Plastics Division, supplied the Fibers Division with raw materials for its heavy- and medium-denier yarn made at the Chesterfield plant near Columbia, South Carolina, which began production in 1962.
The Fibers Division -- Formed in 1963.
1963 - First automated voice response system ever used commercially.
In 1965 after 20 years at the head of the company, Malcom Ferguson retired as chairman and president.
In 1965, Honeywell sent its entire board of directors on a tour of the European facilities.
The Industrial Chemical division -- Was established in 1966, consolidating the former National Aniline, Solvay Process, and General Chemical Division -- Three of the Company's original components.
Honeywell computers were also featured in “Modesty Blaize”, a 1966 movie in which an H-200 selected clothes and accessories for a female spy.
In 1967 Barrett sold its building materials business to Jim Walters of Tampa, Florida and the PVC pipe plant was included.
One of the largest acquisitions was the Fram Corporation in 1967.
In 1967 Bendix reached a milestone when the 200th million automotive brakes come off the line in South Bend.
The Special Chemicals Division - Created in 1968 to provide a better opportunity to develop the diverse marketing techniques required by certain product groups from the Industrial Chemicals Division.
Signal merged with the Garrett Corporation, a Los Angeles-based aerospace company and in 1968 adopted the Signal Companies as its corporate name.
In 1968, a group of protesters calling themselves the “Honeywell Project” regularly staged demonstrations at Honeywell World Headquarters in Minneapolis.
1969 - First electronic stock market.
In 1969, the development of the micro computer sparked yet another industry wide revolution.
Bendix acquired American Forest Products Corporation in 1970.
The Ring Laser Gyro continued to under go intensive development through the 1970’s.
Public arrangements of the planned merger were made in 1970.
Much of the growth came during Australia’s boom years of the late 1970’s.
In 1971, the Delta 2500, complete with computer was introduced.
1972 - First bank teller terminal with a CRT display.
The mobile home/recreational acquisition of 1973 did not turn out to be a well-timed venture.
Maritime Systems Center experienced rapid growth in the late sixties and reached divisional status in 1973.
1974 - First instantaneous news retrieval system.
1975 - America's largest on-line bank teller terminal system.
He was elected president and chief operating officer in 1976.
In January 1979, the United States established diplomatic relations with China after nearly three decades of estrangement.
By 1979, when Edward Hennessy Jr. became CEO, Union Texas produced 80% of Allied's income.
By 1979, international sales surpassed $1 billion, a quarter of total sales, and represented efforts in 80 countries.
By the end of the fiscal year 1980, the Corporation had grown to nearly 100 units with 80,000 employees in three major lines of business.
In the 1980’s, Honeywell’s Ring Laser Gyro equipment became the standard on many business jets.
China’s largest control valve factory started production in April 1981.
Dedicated in September 1981, The Advanced Technology Center in Columbus, Maryland was commissioned to develop innovative ideas and technological concepts for Bendix aerospace electronics, automotive and industrial businesses, as well for new ventures in fields such as the biosciences.
In 1981, the purchase of Telamerica Inc. heralded the formation of the Communications Services Division, a Dallas voice and data networking company was also purchased.
In 1981, the year W. R. Sweatt arrived in Minneapolis from Fargo, North Dakota, the directors of Consolidated Temperature Controlling Company organized contributions for the founding of the Minneapolis Institute of Arts.
In 1983, President Reagan pledged to increase military spending with a five year $1.8 trillion expansion.
Introduced in 1983, the TDC 3000 represented 3 years of development and 80 million dollars of investment.
In 1984, the Dutch subsidiary marked its 50th Anniversary with this explanation of its origins.
Honeywell’s new direction was announced in 1987, when Jim Renier wrote that, “a new Honeywell rededicate itself to a century-old heritage: helping people control their world.”
Jim Reiner became CEO in 1987 and summed up the new strategy.
In 1987 the division won contracts to upgrade the space shuttle controls and to develop space station guidance and control.
In 1987, the Soviets opened their country to joint venture for the first time.
In 1989, Honeywell sold half of its 50% stake in Yamatake-Honeywell for $407 million.
In September 28, 1990, the spin off, Alliant Techsystems, began operating as an independent company.
In 1993, The EXCEL 5000 was introduced in January.
Honeywell made avionics history in 1995, when it introduced a revolutionary suite of advanced avionics controls for the Boeing 777 wide body jet, only the seventh all-new aircraft developed in the United States in the past 40 years.
The T8131 programmable thermostat, which cut energy bills by as much as 33%, were provide for all homes built in 1995 by Habitat North America and Europe.
The above section first appeared: June 2003
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The above section first appeared in the H/AREA print Newsletter: April 2007
The above section first appeared in the H/AREA print Newsletter: June 2007
The above section first appeared in the H/AREA print Newsletter: September 2007
The above section first appeared in the H/AREA print Newsletter: November 2007
The above section first appeared in the H/AREA print Newsletter: June 2008
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Ideal Chemical & Supply Co. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hydrite | 1929 | $650.0M | 796 | 114 |
| Kowa Lenses | 1981 | $4.9M | 20 | 1 |
| MISUMI Group | 1963 | $4.5M | 18 | 44 |
| AmeriPride Services | 1889 | $740.0M | 6,025 | - |
| AP Wagner | 1928 | $2.3M | 14 | - |
| Life's Abundance | 1998 | $38.0M | 33 | 1 |
| Ares Sportswear | 1994 | $20.1M | 50 | - |
| Continental Binder & Specialty | 1978 | $6.2M | 100 | - |
| Dey Distributing | - | - | - | - |
| Crdn | - | $870,000 | 35 | 4 |
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Ideal Chemical & Supply Co. may also be known as or be related to Ideal Chemical & Supply Co, Ideal Chemical & Supply Co., Ideal Chemical & Supply Company and Ideal Chemical & Supply Company, Inc.