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Pfanstiehl company history timeline

1919

1919 – With the help of United States government seed money, the Special Chemicals Corporation is founded by Carl Pfanstiehl in the stable behind his home.

1930

1930 – Babson Brothers, Inc., a Chicago-area manufacturer and distributor of dairy industry supplies, joins Pfanstiehl, assisting with financial and management support.

1942

1942 – Pfanstiehl Chemical becomes a wholly-owned subsidiary of Babson, operating three separate divisions: fine chemicals, metallurgical products, and dairy sanitation products.

1947

1947 – Arthur G. Holstein, chemist and holder of five biochemical processing patents joins Pfanstiehl, managing the fine chemical division.

1954

1954 – Babson sells fine chemical division to Arthur Holstein and carbohydrate chemist Doctor Waldersee Hendrey, who then name their company Pfanstiehl Laboratories, Inc.

1959

1959 – Company significantly expands capacity and capabilities by moving to its current address in Waukegan.

1962

1962 – Upon the untimely death of Doctor Hendrey, Arthur Holstein acquires all Pfanstiehl voting shares under terms of their business agreement.

1977

1977 – Pfanstiehl partners with Abbott Laboratories to develop a process for producing egg yolk phospholipid (egg lecithin) for use in a parenteral nutrition formulation.

1992

1992 – Dedicated sodium lactate solutions manufacturing facility constructed.

1999

1999 – New multi-purpose commercial scale High Potency Substance (HPS) manufacturing facility constructed.

2000

2000 – Pfanstiehl becomes a wholly-owned subsidiary of the Ferro Corporation, a major international producer of performance materials for industry, including coatings, fine chemicals and polymer additives.

2001

2001 – High Potency Substance (HPS) manufacturing facility and practices certified by SafeBridge Consultants, Inc.

2003

2003 – Synthesis Isolator added to High Potency Substance (HPS) manufacturing facility to accommodate additional early phase Oncology Drug Candidate Development Programs.

2006

2006 – Construction of new and expanded Analytical Testing Laboratory and Methods Development and Validation Laboratories New Kilo Lab and Pilot Plant facilities begin supporting Custom Synthesis and HPS Manufacturing Services (Phase I)

2013

2013 – Med Opportunity Partners acquires Ferro Pfanstiehl Laboratories, Inc., bringing significant resources, pharmaceutical and biopharmaceutical relationships, and capital to fuel the Company’s growth.

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Founded
1919
Company founded
Headquarters
Waukegan, IL
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Pfanstiehl may also be known as or be related to PFANSTIEHL, INC., Pfanstiehl and Pfanstiehl, Inc.