Scott Technologies Inc history

With its entry, however, P & G had opened up the sanitary-paper market; by 1966, Scott had five major competitors.

In 1967, Scott purchased S.D. Warren, a maker of fine book papers.

Brown Jordan, a maker of casual furniture, was purchased in 1968, as were two manufacturers of audio-visual aids.

Scott's own disposable diaper, introduced in 1969, was never a commercial success.

By 1970, Scott's competitors in the toilet tissue market had increased to 11, and in facial tissue to seven.

To make matters worse, in 1971 P & G began national marketing of its Charmin toilet tissue, advertising for which soon made Charmin the most popular bathroom tissue.

In 1972, Charles Dickey was appointed chairman.

Business began to recover slowly with the 1976 introduction of Cotonelle, Scott's answer to Charmin.

In 1978, the Company opened its European headquarters in Givisiez near Fribourg/CH.

Lippincott, who had initiated the spending program in 1981, began to reap its benefits.

In 1982, Scott built Warren a new machine to produce lighter-weight papers, anticipating an increase in medium-weight paper consumption.

Philip E. Lippincott took over as CEO in 1983.

Profits increased 51 percent in 1984, rising to $187 million, while sales rose five percent to $2.8 billion.

By 1986, however, Scott had rebounded and was the dominant player in Western Europe, with sales of $750 million.

Scott Worldwide was formed in 1987, to operate in Europe, Latin America, and the Far East.

In 1989, SCOTT introduced one of the most significant product innovations in the history of cycling - the aerodynamic handlebar.

According to one observer in the Guardian, 1990 marked the 'beginning of one of the tissue industry's worst downturns.' A slew of new competitors coupled with rampant overproduction drove down prices for Scott's core brands.

In 1991, for instance, Scott divested its substantial share in the Japanese joint venture Sanyo Scott Company Ltd. and the proceeds were used to reduce mounting debt.

In 1992, SCOTT shipped its first full-suspension mountain bikes and later introduced cycling shoes and helmets.

He is asking for all kinds of justification reports, analyses of what businesses the company should be in,' a Scott executive told Delaney Informed Communications on May 30, 1994.

1995 After months of negotiations and overwhelming approval by shareholders of both companies, Kimberly-Clark announces a $9.4 billion merger with Scott Paper.

In 1997, the Company introduced a technical winter sport apparel line.

Third Management Buy-out In 2005, Beat Zaugg acquired the remaining 48.5% of the Company in another management buy-out transaction, thereby taking over 100% of the Company.

Introducing the new Ransom When the Ransom was originally launched in 2006, it probably came as a bit of a surprise for the mtb industry.

ROCKLABS was acquired in July 2008.

Reference Materials, a key supplier of reference materials to the ROCKLABS business, was acquired in November 2010.

75% of a Chinese manufacturing facility was acquired in September 2011, enabling us to take advantage of opportunities within the Chinese and wider Asian markets.

2012 Scott Naturals brand announces that its dry bath tissue, paper towels and napkins earned the Green Good Housekeeping Seal, an emblem given by the Good Housekeeping Research Institute.

2013 Scott Naturals brand surpasses $100 million in annual retail sales, becoming the category leader and the fastest growing brand in environmentally friendly bath tissue and paper towels.

RobotWorx, based in Marion, Ohio, USA, specialising in the trade and integration of new and used robots, parts and robotic systems was acquired in May 2014, enabling SCOTT to significantly grow its presence in its key North American market.

In late 2016 SCOTT purchased the business assets of BladeStop Pty Limited.

Mid 2017 Scott purchased DC Ross, a local Dunedin business that are world leaders in fine blanking technology.

Ruth Croft wins Golden Trail Series In 2018 New Zealander RUTH CROFT beat the world’s best trail runners to be crowned GOLDEN TRAIL SERIES champion, a true milestone for both Ruth and SCOTT RUNNING.

Winner of the 2019 ISPO Award, the Patrol E1 Avalanche Backpacks are the ultimate freeskiing backpacks pushing the boundaries of innovation.