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Lydall, Inc. company history timeline

1879

The paper mill, a fixture in this industrial city since 1879, was finally forced out of business by declining markets, by continued unprofitability, and by an aging facility in need of expensive improvements.

1889

The Manchester Water Company was incorporated by an act of the General Assembly in 1889.

1900

In fact, during April, 1900, the Lydall & Foulds plant in Parkerville burned to the ground.

1913

1913: The Colonial Board Company is formed.

In 1913, the owners of Lydall & Foulds established another company, Colonial Board, to produce binder board used in book bindings.

1915

The factory building in Lydallville was sold in 1915 to Annulli Brothers, who intended to use the plant for the manufacture of concrete blocks.

1923

After Henry Lydall's death, the company continued to expand under William Foulds, who in 1923 was the active head of three paper companies: The Lydall & Foulds Paper Company, The William Foulds Company, and The Colonial Board Company.

1951

1951: The predecessor to Lydall Transport, Ltd. is formed as part of the Colonial Board Company.

1969

More than a half-century passed before the Lydall name first appeared, however, a moment that arrived when Colonial Board merged with another company in 1969, creating Lydall, Inc.

The 1969 merger paved the way for several important additions made in the following decade that gave Lydall its modern-day business foundation.

1969: The Colonial Board Company merges with another company, creating Lydall, Inc.

In 1969, Colonial Board merged with another company to form Lydall, Inc.

1970

1970: Lydall's fiber process division is formed.

1973

CT., trained as a fashion stylist and was associated with G. Fox & Company, Hartford, CT., designed costumes and sets for drama, opera and dance, and was the first president of the Costume Society of America (elected 1973).

1977

Lydall continued its mergers and acquisitions, and in 1977 was listed on the American Stock Exchange, with plants in New Hampshire and North Carolina.

1986

According to the company's history, the division was the oldest operating unit of Lydall until 1986, when it acquired Manning Nonwovens, now known as the Green Island Operation of Lydall's thermal/acoustical group.

1989

In 1989, Lydall was listed on the New York Stock Exchange under the trading symbol LDL.

1991

1991: Lydall acquires a plant in Brittany, France, its first foreign property.

1994

In 1994, Lydall acquired a plant in Columbus, Ohio, capable of fabricating automotive thermal and acoustical insulation products.

1998

The acquisitions were completed in 1998, a year that also brought sweeping change throughout the Lydall organization.

Freeman, who joined Lydall as a director in 1998 after spending 25 years as an executive at Loctite Corp., hoped to achieve considerable growth during his command.

2000

But any charges will be reflected in the company's first-quarter earnings, which will be reported with year-end 2000 numbers on Feb.

2001

In the wake of the nearly two-year-long restructuring program, Lydall completed two important deals, both concluded in October 2001.

In late October 2001, Lydall announced it had acquired Affinity Industries, Inc. for $21.7 million.

In 2001, the paper mill closed, not having been profitable in years, according to a Courant article, which also said that the aging facility needed expensive improvements that couldn't be afforded.

2002

In December 2002, the company announced its intention to construct a 90,000-square-foot production plant in St Nazaire, France, its second plant in France and its third in Europe.

2003

In late 2003, Freeman announced a major restructuring program.

2003: David Freeman is appointed chief executive officer.

2004

In January 2004, the company announced it was closing its Columbus plant and integrating the facility's operations into other plants.

The $16-million facility, which was expected to be completed in 2004, was established to manufacture engineered thermal and acoustical components for automotive applications.

2021

UConn men’s basketball team lands another guard as Joey Calcaterra transfers from University of San DiegoGuard Joey Calcaterra, who averaged 8.5 points, 2.8 rebounds and 1.2 assists in the 2021-22 season for the University of San Diego, will have one year of eligibility with UConn.The CourantUndo

2022

4 ranked player in the 2022 class, signed with Klutch Sports Group, the agency announced Wednesday.The Courant

At Geno Auriemma’s golf event all the talk from UConn women’s basketball players is about getting healthy for 2022-23The UConn women's basketball team dealt with injuries throughout last season, but is confident for 2022-23.

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Founded
1879
Company founded
Headquarters
Manchester, CT
Company headquarter
Founders
Henry Lydall
Company founders
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