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Revere Copper Products company history timeline

1801

In 1801 at the age of 65, Paul Revere in a typical entrepreneurial spirit began to look for a suitable site to begin a small copper rolling mill.

It was started by Paul Revere in 1801 in Canton, Massachusetts and developed a commercially viable process for manufacturing copper sheets.

Revere Copper Products, Inc. traces its history back to the copper rolling mill that Paul Revere established on the banks of the Neponset River in Canton, Massachusetts in 1801.

The copper works founded in 1801 continues today as Revere Copper Products, Inc. in Rome NY, our company, which gives us the honor of being among America’s oldest manufacturing companies.

In 1801, Revere became a pioneer in the production of rolled copper, opening North America's first copper mill south of Boston.

The circular 1801 Revere profile surrounded by “Copper Clad Stainless Steel” was formally adopted as the new trademark, accompanied by references to Revere’s patent number – stamped into each piece of its copper-clad cookware.

1802

By October 24, 1802 at the latest, Paul Revere, at 67 years of age, rolled his first copper sheets for supply to the United States government.

1803

Revere’s copper mill also supplied the copper sheets when USS Constitution was re-coppered for the first time in 1803.

1807

Beginning in 1807, the Revere mill began supplying heavy copper sheets used by Robert Fulton of New York City for the boilers in many of his steamboats.

1828

With a merger in 1828, the name had become Revere Copper Company.

1892

Revere Ware Corporation began as a division of Revere Copper & Brass, a metal company based in New York. It had manufactured tea kettles and other housewares since 1892.

1900

Another merger in 1900 created the Taunton-New Bedford Copper Company, located in New Bedford, Massachusetts.

1909

Paul Revere’s original mill property in Canton was sold by 1909.

1928

One of the six firms in the 1928 merger traced its roots back to the famed American revolutionary and silversmith Paul Revere.

1938

By 1938, James M. Kennedy, an employee, had invented copper-clad cookware, which went into production and is now known as Revere Ware.

1939

Revere Ware was introduced to the public at the 1939 Chicago Housewares Show and was an immediate success.

1942

The company had made copper and brass articles such as water pipes for plumbing, but in 1942 began making cartridge and rocket cases and smoke bombs.

1950

The first shipment of Revere Ware from Clinton to customers was made on December 14, 1950.

1955

Portions of this historical compilation were taken from previously published and anecdotal information in the following): Marcosson, I. F.; The Story of Revere Copper and Brass Inc. , (1955), 254 pages.

1957

Revere then entered into an association with Wilkinson, Inc., and began manufacturing aluminum foil pans.- Patriot Ware, (1957). – Copper Maid Cookware, (1957). – Penneys by Revere, (J.C. Penneys in 1957).

1963

A Bauxite mine (the raw material from which aluminum is produced) in Jamaica was purchased, and a smelter (to refine the bauxite into aluminum) and rolling mill were built in Scottsboro, AL. In 1963, the Oneonta utensil plant was opened, producing the first Revere Teflon® coated products.

1966

Profits in 1966 were $22 million on sales of just over $350 million; 10 years later sales reached almost $500 million, but profits were a miniscule $2.2 million.

In 1966 Revere Copper & Brass decided to diversify by investing in another metal, aluminum.

Revere attempted to close its’ Maggotty Alumina mine, but the 1966 negotiations with the Jamaican government left Revere contractually obligated to pay taxes based on production rates no longer physically or financially attainable.

1970

The changes allowed Revere to lower retail prices, leading to a rebound in sales through the mid 1970’s.

1971

Net income fell sharply in 1971, when copper prices tumbled and coal and copper strikes hurt the company.

1972

Revere posted a loss in 1972, in part because the company wrote off huge debts due to its Maggotty plant.

1973

In 1973 copper scrap was selling for between 60 and 68 cents a pound in the United States, and for more than 95 cents a pound on the London Metal Exchange.

1974

To add to the company's difficulties, in 1974 the Jamaican government raised its levy on bauxite ore mined in its country, hiking the cost of Revere's Maggotty alumina plant considerably.

1975

By August 1975, Maggotty had become too expensive to run, and the plant shut down.

1976

In 1976 Revere stopped paying its bauxite tax, and filed a court claim asking to be freed of further dues.

1977

But the sale to Alcan, which was accepted in July 1977, was blocked in federal court for anti-trust reasons, and by December, the sale was off.

1978

E. I. DuPont introduced the second generation of non-stick coatings – a three-coat fluoropolymer system, marketed as SilverStone™. Significant durability improvements over the original Teflon™, backed by strong television advertising prompted its rapid acceptance by cookware manufacturers.1978

1980

Revere sold a portion of its aluminum building products unit in 1980, getting $10 million for it from Norandex, a Cleveland company.

By 1980, the copper fabricating facilities were reorganized into a new subsidiary – Revere Copper Products, Inc.

1981

Revere had a loss of $21.3 million in the first half of 1981, on sales of close to $320 million.

1982

But it was still unable to sell Scottsboro, which it eventually shut down in 1982.

1983

In 1983 Asarco, the huge metals conglomerate which had owned 33 percent of Revere, sold its share to Bear, Stearns & Co., a New York investment firm, for $17 million.

1985

In 1985 Revere Copper & Brass announced that it would sell its housewares division, and asked $100 million for it.

The Scottsdale Aluminum smelter and Oneonta rolling mill were sold to Noranda Inc. – Aluminum Disc Bottom Line, (1985). – Revere introduced this line using components manufactured in Korea, and assembled at the Clinton Plant.

1986

In 1986 Revere consolidated its housewares unit with two related units, Revere Foil & Containers, Inc. and Revere Ware Courtesy Stores, Inc., into one subsidiary company, called Revere Ware, Inc.

1988

The sale to Corning was finalized in April 1988.

While $100 million had seemed too much two years earlier, in 1988 Revere Copper & Brass was able to divest its housewares unit for an even better price.

1994

By 1994, Revere Ware had about equal penetration in upscale department stores and in mass markets.

1995

The company continued to spend money on print advertising, and to bring out new cookware sets aimed at specific consumer groups. For example in 1995 Revere brought out a set of stainless steel cookware that was relatively low-priced--under $100--but designed for sale in department stores.

1996

Print advertising for this new line alone was estimated at over $5 million in 1996, and the line was also supported with in-store demonstrations, literature, and training programs.

1999

Small Town Loses Revere Ware, March 8, 1999 Note: Much of the later historical detail was contributed by Skene Moody and Don Hemming.

2002

Revere Ware, Inc. headquarters was then moved to Indonesia, with production plants located in China and Korea.-Chef’s Supreme and Culinary Classic.(January, 2002)

2008

On May 19th, 2008 the developer has filed demolition requests with the Town of Canton to destroy the final two buildings on the property.

2022

© 2022 Revere Ware Parts.

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Founded
1801
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Headquarters
Rome, NY
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Revere Copper Products may also be known as or be related to Revere Copper Company, Revere Copper Products, Revere Copper Products Inc and Revere Copper Products, Inc.