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Iowa Office Supply Inc. company history timeline

1870

In 1870, George A. Mullin became an employee.

1871

Before dying in 1871, Lee passed on his principles of public service in retail to Mullin.

1879

James Lee and Mullin became partners until 1879, when Mullin and G.W. Smith bought all the stock of the company.

1883

In 1883, the firm, now Smith, Mullin and Vorhees, moved north to a location at First Avenue and Third Street in Cedar Rapids.

1896

Morris Sanford, a young newspaperman from Independence, came to Cedar Rapids in 1896 in hopes of getting a job with the Cedar Rapids Republican.

1901

In 1901, the firm was incorporated and Sanford became a stockholder.

1912

Mullin erected a six-story fireproof building at 219 Second St SE that bore his name in 1912.

1913

Sanford was one of Walter A. Sheaffer's first customers in 1913.

1923

Originally established in 1923 by University of Iowa baseball star George Frohwein and businessman James Burns as Frohwein & Burns, Tallgrass has never left the family of its origin.

1943

HON was conceived in a backyard in Iowa on a Sunday afternoon in 1943 by C. Maxwell Stanley and Clement T. Hanson.

1944

Public Company Incorporated: 1944 as Home-O-Nize Co.

1947

Sales from the products made from scrap in 1947 amounted to almost $20,000.

1948

Howe had joined Home-O-Nize in 1948, as the assistant to the head of the planning division.

1949

In 1949, Home-O-Nize signed a contract worth $450,000 with Associated Manufacturers, Inc. to produce a newly designed corn picker that attached directly to the front of a tractor.

1950

The combined sales of Home-O-Nize and Prime-Mover totaled more than $600,000 at year-end 1950.

1951

According to a Gazette article written in 1951 noting the company's centennial, 'When he (Sanford) came into the store, Mullin showed him some pounce boxes - boxes filled with pounce for blotting.

1952

Profitability resumed in 1952, to start more than four decades of uninterrupted profits.

1953

By 1953, total consolidated sales passed the $1 million milestone and two years later exceeded $2 million.

In addition to its nonsuspension card files, the company began developing combination cabinets in 1953.

1954

Proving himself a manufacturing genius and a shrewd administrative leader, Howe shared the founders' vision of growth and had become vice-president of production by 1954.

1955

James M. Morse joined his grandfather in the business in 1955.

1965

By 1965, the company was serving about 75 wholesalers located throughout the United States, with about 35 percent of its furniture reaching dealers through this channel.

1968

Having long ago shifted its focus away from manufacturing products for the kitchen and home, the company changed its name in 1968 to HON Industries, Inc.

The introduction of computers in 1968 helped in the management and control of operations of the growing company.

1969

By 1969, net sales were $25 million.

1971

Holga Metal Products of Van Nuys, California, was acquired in 1971, giving the company a manufacturing facility in the rapidly growing southern California region.

1972

Corry Jamestown of Corry, Pennsylvania, was acquired in 1972, HON's first venture into the higher-priced segment of the office furniture market.

1976

James Morse was stricken with polio in 1976 and his father, H. Hamilton Morse, stepped in to help out.

1977

The acquisition of Murphy-Miller of Owensboro, Kentucky, put HON into the wood seating business in 1977.

1978

The Morris Sanford Co. was sold to family friends Peter and Joan Bailey in October 1978.

By 1978, father and son announced the sale of the business.

1980

In 1980, Wilcox Co., which owned the building, sold it to Harold Wendorf and Charles Loomis Jr.

1981

Heatilator, the leading name in prefabricated fireplaces, became part of HON Industries in 1981.

1982

J.K. Rischel Company, manufacturers of traditional wood office furniture, was purchased in 1982, and the next year, HON acquired 35 percent of Ring King Visibles, a rapidly growing office products company.

1984

He would later become chairman of HON after the death of Max Stanley in 1984.

1986

In 1986, the company acquired Budget Panels, Inc. of Kent, Washington.

1987

By the end of 1987 Office Club had opened five stores.

By 1987, under the leadership of Chairman and President Stanley Howe, HON had become known as the most efficient producer in the industry worldwide, capable of producing a desk every minute, a file every 40 seconds, and a chair every 20 seconds.

1988

Sales topped $132 million in 1988, and Office Depot went public in June with an initial offering of more than 6 million shares at $3.33 per share.

1989

In 1989, HON acquired The Gunlocke Company, of Wayland, New York, an established architectural and design firm for office furniture.

1990

In March 1990, Jack D. Michaels, formerly the president and CEO of Hussmann Corp., was named president of HON Industries.

By the end of 1990 the company boasted 122 stores scattered across 19 states and sales of $625 million.

HQ Office International, Inc. had been founded in 1990 by Robert McNulty as a Canadian extension of his unsuccessful California-based HQ Office Supplies Warehouse chain, which was carved up and bought out by Staples and BizMart in 1990.

1991

Stanley, C. Maxwell, and James H. Soltow, The HON Story, Ames: Iowa State University Press, 1991.

1992

In December 1992, Begelman claimed in an interview that 10 percent of all fax machines sold in the United States were sold by Office Depot.

1993

In May 1993 Office Depot acquired the office supply operations of contract stationer Wilson Stationery & Printing, a subsidiary of Steelcase Inc.

The company saw $2.6 billion in sales in 1993, with $63 million in profit.

In 1993, the company made record investments in new product development, new capital equipment, new business ventures, and member development.

1994

By 1994 Office Depot had grown to 362 stores, which still followed the company's original concept--warehouse-like buildings that stocked office supplies at 30 to 60 percent off manufacturer's list prices.

1996

In September 1996 Office Depot agreed to be acquired by Staples, its largest competitor, in a deal estimated at $4 billion.

During 1996, the company purchased Heat-N-Glow Fireplace Products Inc.

1997

During 1997, HON's sales exceeded $1 billion for the first time, proving that it was on strong financial footing.

1998

In 1998 Office Depot bought out its joint venture partner in France and it did likewise in Japan the following year.

Aladdin Steel Products Inc. was acquired in 1998.

1999

Despite the record results for 1999, all was not well at Office Depot.

2000

After second-quarter 2000 earnings dropped 22 percent, the company's board reacted by easing Fuente out of the CEO slot and into the position of nonexecutive chairman.

With a corporate goal of doubling its profit by the year 2000, HON was maintaining its leadership position nationally and was expanding its presence internationally.

2001

In January 2001 he announced that Office Depot would close 70 of its 888 North American stores, leaving the following markets altogether: Cleveland; Columbus, Ohio; Phoenix; and Boston.

"HON Industries to Close 3 Plants in Restructuring," Reuters News, July 24, 2001.

In December 2001 Nelson was named to the additional position of chairman, succeeding Fuente, who nevertheless remained on the company board.

2002

The Viking direct-mail business expanded into Switzerland, Spain, and Portugal during 2002, and Office Depot's business services division expanded into Italy.

Guilbert was one of the largest contract stationers in Europe, with operations in nine European countries and 2002 revenues of $1.6 billion.

2003

In June 2003 the company acquired the France-based Guilbert S.A. from Pinault-Printemps-Redoute S.A. for $945.2 million.

In early 2003, however, Office Depot elected to exit from the Australian market in order to concentrate its international attention mainly on Europe.

In 2003, the company was named the most admired company in the furniture industry by Fortune magazine.

2004

Matthews Office Equipment was acquired in December 2004, adding our Davenport location.

2011

June 2011 saw the addition of Pioneer Workspace Solutions in Cedar Rapids which precipitated the branding change from Frohwein/Pioneer/Matthews to a new, unified Tallgrass Business Resources.

2015

Finally, Iowa Business Supply in Iowa City was acquired in June 2015.

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