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Ohio Decorative Products Inc company history timeline

1980

Another aspect of what would become OMNOVA, the GenFlex roofing systems, began in 1980 with the introduction of a single-ply vinyl product line, which would eventually be followed by thermoplastic polyolefin and synthetic rubber membrane systems.

1987

Opting to focus on defense contracting and Aerojet, GenCorp also exited its original business, selling off its remaining tire operation to Continental AG of Germany in 1987.

1991

In 1991 it acquired the wallcovering business of Canadian General Towers.

1993

After serving as a group president at Westinghouse Electric Corporation, he joined GenCorp in 1993, becoming president and chief operating officer.

1998

Also in 1998 it paid $108 million for Sequa Chemicals, the specialty chemicals units of Sequa Corporation.

1999

Thompson, Richard, "Fairlawn, Ohio-Based Chemical Maker Names Spin-Off Company," Akron Beacon Journal, July 6, 1999.

In addition, GenCorp bought the global latex floor care business of Morton International in 1999, a transaction that offered a number of benefits.

2000

He guided OMNOVA as the company's CEO through its first year, and then in November 2000 turned over the post to President and COO Kevin McMullen.

2002

Consequently, OMNOVA saw its net sales tumble to $681.2 million in fiscal 2002 while posting a net loss of $135.5 million.

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Founded
1950
Company founded
Headquarters
Spencerville, OH
Company headquarter
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