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LSB Industries history
LSB Industries company history timeline
1968 Golsen incorporates a holding company, LSB Industries, Inc.
In 1981 LSB topped the $100 million mark for the first time in its history, a 43 percent increase over the prior year's $70.5 million.
In 1984 Golsen told the Oklahoman that it would likely take two years for the company to work through its inventory, restart major production, and regain its health.
Equity also would include Arrowhead Federal Savings & Loan, bought in 1988 for $317 million.
The financial group returned to profitability in 1991, while the parent company continued to post a net loss.
Business turned around for LSB in 1992, when net income totaled $9.2 million, and LSB was once again looking to expand.
1992 Slurry Explosive Corporation is acquired.
LSB was delisted in June 1999 but eventually landed a spot on the American Stock Exchange.
2000 The Automotive Products unit is sold.
LSB improved sales to $346.6 million in 2001 and increased earnings to $8.6 million.
LSB lost $3.5 million from the shuttered unit before selling off Slurry in December 2002.
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LSB Industries competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ANSAC | 1984 | $9.2M | 30 | - |
| Diageo Americas Supply, Inc. | 1982 | $3.7B | 7,500 | 39 |
| Roper Industries, Inc. | - | $710,000 | 7 | - |
| Maesa | 1997 | $18.0M | 375 | 10 |
| Globe Specialty Metals | 2004 | $769.4M | 532 | - |
| Edita Food Industries | 1996 | - | 7,500 | - |
| Fortune Brands Home & Security | 2011 | $4.6B | 27,500 | 73 |
LSB Industries history FAQs
Zippia gives an in-depth look into the details of LSB Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LSB Industries. The employee data is based on information from people who have self-reported their past or current employments at LSB Industries. 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 LSB Industries. The data presented on this page does not represent the view of LSB Industries and its employees or that of Zippia.
LSB Industries may also be known as or be related to LSB INDUSTRIES INC, LSB Industries, LSB Industries Inc and LSB Industries, Inc.