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IFF history
IFF company history timeline
Grisanti also carried on the Walter tradition of a generous research budget, which by 1990 had reached $54 million.
Sales and earnings growth continued through 1995, when revenues reached $1.44 billion and net income hit $248.8 million.
Research and development expenditures, meantime, reached an all-time high in 1999, $104 million--the largest in the industry.
Near the end of 1999, Grisanti, under some pressure from the company board stemming from the company's continued lackluster performance, retired from the company.
As restructuring activities continued in 2000, IFF began participating in a consolidation drive that was sweeping the fragrance and flavors industry and was being propelled by the industry's slower growth and production overcapacity.
2000: Richard A. Goldstein is named chairman and CEO; IFF acquires Bush Boake Allen Inc.
In 2001 flavor products made up 45 percent of IFF sales.
"international flavors & fragrances, inc.: capsule." hoover's, 1 april 2002.
In September 2002, IFF opens a Perfumery School in its New York headquarters, under the direction of industry veteran Ron Winnegrad.
In the first quarter of 2002, IFF shares were selling at $34.91 per share.
IFF is ranked among the world's best soap and cosmetic companies in Fortune magazine's 2002 Most Admired American Companies.
In April 2003, IFF opens a full-service hair salon in its global headquarters in New York.
Released in December 2003, SCENT combines 21 original fragrances created by IFF's talented perfumers with visual interpretations from top artists in a variety of fields, including Karl Lagerfeld, Mario Testino, David Bowie, Iman, Kate Moss, Stephen King, Jean-Georges Vongerichten, and Gus Van Sant.
As part of its continuous effort to create winning flavors for its customers, IFF breaks ground for a new state-of-the-art Culinary & Bakery Center in February 2004.
In April 2005, IFF wins the fragrance industry’s highest honor, the FiFi® Award, for “Technological Breakthrough of the Year” with its unique Sensory Perception™ technology.
Douglas D. Tough assumes role of Chairman and Chief Executive Officer effective March 1, 2010.
IFF’s unique encapsulation technology wins the 2011 FiFi® Award, the highest honor in the fragrance industry, for Technological Breakthrough of the Year.
IFF Acquires Aromor in 2014 to strengthen its fragrance ingredients and fragrance creation capabilities.
In 2015, Ottens Flavors is acquired by IFF to leverage their complementary strengths.
To file a complaint of discrimination, write to Department of the Treasury, Office of Civil Rights and Diversity, 1500 Pennsylvania Avenue NW, Washington, D.C. 20220 or call 202 622 1160.
© 2022 BY INTERNATIONAL FLAVORS & FRAGRANCES INC. IFF IS A REGISTERED TRADEMARK. ALL RIGHTS RESERVED.
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IFF competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Reinvestment Fund | 1985 | $50.0M | 105 | - |
| Greater Minnesota Housing Fund | 1996 | $8.8M | 9 | - |
| R4 Capital | 2011 | $3.9M | 70 | - |
| CRF USA | 1988 | $50.0M | 20 | - |
| Low Income Investment Fund | 1984 | $30.7M | 42 | 3 |
| New Jersey Community Capital | 1987 | $8.5M | 90 | - |
| Self Help Credit Union | 1980 | $50.0M | 651 | - |
| Gilbreth Packaging Solutions | 1983 | $1.1M | 5 | - |
| ORION | 2018 | $1.2B | 3,337 | 286 |
| CTC | 1995 | $15.0M | 500 | 48 |
IFF history FAQs
Zippia gives an in-depth look into the details of IFF, including salaries, political affiliations, employee data, and more, in order to inform job seekers about IFF. The employee data is based on information from people who have self-reported their past or current employments at IFF. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by IFF. The data presented on this page does not represent the view of IFF and its employees or that of Zippia.
IFF may also be known as or be related to I F F, IFF and Iff (cdfi).