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Newell Brands company history timeline

1903

1903: Linton goes bankrupt; Edgar A. Newell takes control of the firm, renaming it Newell Manufacturing Company, Inc. c.

1908

In 1908, the company boosted profits by investing in machines that produced curtain rods better and faster than any other manufacturer.

1910

1910: Newell forms an affiliated company in Prescott, Canada, called Newell Manufacturing Company Ltd.

1912

1912 In 1912, the company hired Ben Cuthbert to grow the struggling Canadian business and build relationships with the Woolworth Company, paving the way for Newell's mass merchandising strategy.

In 1912 the domestic company began construction of a new factory, which was completed a year later.

Although Ogdensburg operations were sailing smoothly, by 1912 Newell Ltd. found that curtain rods were not enough to keep its operations afloat.

1916

The F. W. Woolworth retail chain became the first customer for Newell's bronze–plated curtain rods in 1916, making them the first Newell products to be distributed nationally.

1917

By 1917 Newell's curtain rods were being coated with a nontarnishable lacquer.

1920

1920: The Wooster Rubber Company is formed in Wooster, Ohio, to make toy balloons.

In 1920 Edgar A. Newell died and, for the first time, stockholder changes were made at the company.

1921

1921: Another Newell-affiliated company, Western Newell Manufacturing Company, is formed to run a curtain rod factory in Freeport, Illinois.

1925

The company quickly became profitable, and in 1925 a new factory was erected.

1928

By 1928 Western Newell's sales had grown to $485,000, more than twice that of Newell Ltd. and about half that of Newell Manufacturing.

1929

At the time of the stock market crash in October 1929, Western Newell was producing a wide variety of drapery hardware, including extension curtain rods, ornamental drapery rods, and pinless curtain stretchers.

1933

1933: James R. Caldwell forms an enterprise called Rubbermaid, whose first product is a red rubber dustpan.

In 1933 Western Newell earned $61,000 on sales of $320,000, whereas Newell Manufacturing earned $47,000 on sales of $425,000.

1934

1934: Wooster Rubber and Rubbermaid merge, retaining the former's corporate name and headquarters and the latter's brand name.

1937

By 1937 Western Newell, under the leadership of Ferguson, had surpassed Newell Manufacturing in both revenues and income, earning $126,000 on sales of $553,000, whereas Newell Manufacturing earned $70,000 on sales of $511,000.

1955

1955: Wooster Rubber goes public.

1956

1956: Wooster branches into plastic products, introducing a plastic dishpan.

1957

1957: Wooster Rubber changes its name to Rubbermaid Incorporated.

1963

In 1963 Ferguson was named chairman and chief executive of the three Newell companies and two years later his son, Daniel C. Ferguson, became president of the companies.

1965

1965 Dan Ferguson was named President in 1965.

Daniel C. Ferguson was named president in 1965, and developed a growth-by-acquisition strategy, intending to build a strong, multi-product company.

1968

In 1968 Newell purchased a majority interest in Mirra-Cote Industries, a manufacturer of plastic bath accessories.

1969

In 1969 Newell acquired Dorfile Manufacturing Company, a maker of household shelving, and E.H. Tate Company, which brought the "Bulldog" line of picture hanging hardware into the Newell line of products.

1970

1970: Newell Manufacturing is reincorporated in Delaware as Newell Companies, Inc.

1972

In April 1972 Newell went public as an over-the-counter stock and that same year initiated an acquisition strategy that would later be replayed in various forms.

1972 The Newell Company went public in 1972, opening on the NASDAQ at $28 per share.

1973

By March 1973 Newell had ousted the EZ Paintr board and Daniel Ferguson had became president of the company, which yielded complete control of its stock to Newell six months later.

1974

In 1974, they acquired EZ Paintr Corporation, then the world's largest maker of paint applicators.

1975

In 1975 Leonard Ferguson died and a descendant of Ben Cuthbert, William R. Cuthbert, was later named chairman.

1978

In May 1978 Newell acquired 24 percent of the financially-troubled BernzOmatic Corporation, a manufacturer of propane torches and other do-it-yourself hand tools.

1979

In February 1979 Newell gained operational control over BernzOmatic after its president, who had earlier sold convertible debentures to Newell, yielded his position to Ferguson and Newell had taken control of the smaller firm's board.

In 1979, Newell moved into its first corporate headquarters in a historic former bank building in Freeport, Illinois.

Newell was listed on the New York Stock Exchange with the ticker symbol NWL in 1979.

1983

1983: Cookware maker Mirro Corporation is acquired by Newell.

In 1983, the company entered the cookware market with the purchase of Mirro.

1984

1984: Rubbermaid acquires the Little Tikes Company, maker of plastic toys.

1985

In May 1985 the company changed its name to Newell Co.

In June 1985 Newell acquired a 20 percent stake in William E. Wright Company from a group dissenting from the majority, including three board members and the grandson of Wright Company's founder.

1985: Newell Companies is renamed Newell Co.

1986

In January 1986 William P. Sovey, former president of AMF Inc., was named president and chief operating officer.

In October 1986 Newell acquired the assets of Enterprise Aluminum, the aluminum cookware division of Lancaster Colony Corporation.

1987

In 1987, the company acquired Anchor Hocking Corporation, a specialty manufacturer of glassware, flatware, cookware and other products.

1989

In 1989 Newell unsuccessfully tried to buy a 20-plus percent investment in Vermont American, a maker of consumer and industrial tools that turned to another suitor after suggesting Newell would be a disruptive force in its operations.

1991

Attempting to once again piggyback on a growing mass merchandiser market--namely the trend to sell office supplies through mass retailers--in 1991 Newell entered the office products business by acquiring two small firms, Keene Manufacturing, Inc., and W.T. Rogers Company.

1992

In 1992 Newell also sold its closures business for $210 million, and the company's books for the year reflected a record $119 million in earnings on a record $1.45 billion in sales.

In 1992 Newell became a major force in the office products market.

In a 1992 changing-of-the-guard, Daniel Ferguson bowed out of active management to move up to chairman, replacing the retiring William Cuthbert, and Thomas A. Ferguson (no relation to Daniel and Leonard Ferguson) was named president.

In 1992, they acquired Sanford, a manufacturer and marketer of writing instruments, including the Sharpie and Expo brands.

1993

In 1993 Newell--in what could be perceived as a return to its roots&mdashquired Intercraft Industries, Inc., the largest supplier of picture frames in the United States.

1994

1994: Newell acquires Home Fashions Inc., Faber-Castell Corporation, and Corning Incorporated's European consumer products operation.

1997

In 1997, the company acquired Kirsch, a company involved with drapery hardware and custom window coverings.

1998

1998: Newell acquires Calphalon Corporation and two German firms: the Gardinia Group and Rotring Group; Rubbermaid acquires the Curver Group and Century Products Company.

In 1998, the company expanded in cookware with the purchase of Calphalon Corporation, a manufacturer of cookware marketed primarily to upscale retailers and department stores.

1999

1999: Newell acquires Rubbermaid for $6 billion; Newell changes its name to Newell Rubbermaid Inc.

2000

2000: Newell Rubbermaid acquires the stationery products division of Gillette Company, gaining the Paper Mate, Parker, Waterman, and Liquid Paper brands.

2001

2001: Joseph Galli, Jr., comes onboard as president and CEO and launches a thorough restructuring.

2002

2002: The company acquires American Tool Companies, Inc., maker of hand tools and power tool accessories.

2009

Michael B. Polk joined the company in July as president and CEO. He has been a member of the company’s Board of Directors since 2009.​​

2012

2012 Newell implemented the Growth Game Plan, a new multi-year corporate strategy to accelerate into a bigger, faster growing, more global and more profitable company.

2014

2014 Newell opened its state-of-the-art Design Center in Kalamazoo, Michigan, making a significant commitment to create a brand-led company famous for innovation, design and product performance.

2015

2015 In 2015, Newell Rubbermaid announced its intention to acquire Jarden Corporation and its diverse global portfolio of well-known brands such as Ball, Yankee Candle, FoodSaver and more.

2016

In April 2016, the combination of Newell Rubbermaid and Jarden Corporation marked the next chapter of our proud history, creating a new company – Newell Brands.

2018

2018 The company announced its Accelerated Transformation Plan, a series of strategic initiatives designed to improve operational performance and evolve the portfolio to a group of more consumer-facing brands, powered by innovation, eCommerce and international deployment.

2019

2019 Ravi Saligram is appointed President & Chief Executive officer by the Board of Directors and joins Newell Brands on October 2.

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Founded
1903
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Edgar Newell
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Newell Brands competitors

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LEVOLOR1914$1.0B420-
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Whirlpool1911$16.6B78,000160
The Kraft Heinz Company2015$25.8B38,757305

Newell Brands history FAQs

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Newell Brands may also be known as or be related to Jarden Corporation, Newell Brands, Newell Brands Inc, Newell Brands Inc., Newell Brands, Inc. and Newell Company (1903–1999) Newell Rubbermaid (1999–2016).