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Sensient Technologies company history timeline

1883

Meadow Springs sold its first barrel of whiskey on July 5, 1883.

1886

In 1886, August Bergenthal, William's brother, replaced Niemeier as vice-president of Meadow Springs.

1887

In May 1887, the name of the company was changed to National Distilling Company.

1903

In 1903 the company established a second manufacturing plant on the site of the recently purchased local DuPont Chemical Company facility.

1917

In 1917 the government passed a measure outlawing the use of grains to make liquor, meaning that liquor could be sold but not manufactured.

By 1917, National was operating over 30 yeast branches throughout the region, with major outlets in Louisville, Kansas City, and Detroit.

1918

John Wiedring, the company's laboratory chief, introduced a new process for making yeast by aeration in 1918.

1919

By 1919 the company was threatened by prohibition but by then it had created a business selling yeast under the Red Star Yeast brand.

1920

The company grew rapidly through the remainder of the 1920s.

1921

By 1921, Red Star was operating 50 branches throughout the eastern half of the United States.

1935

Factors leading to this shift in direction included the bottoming out of the gin market in 1935, and a legal quarrel over the use of the National Distilling name waged against the National Distillers Products Corporation of New York.

1937

1937: Red Star exits from the distilling business; yeast and vinegar are now the main products.

1938

In 1938, a policy disagreement led to Bergenthal's resignation.

1950

Charles Wirth, Jr., died of a heart attack in 1950.

1957

The vinegar works that operated there were sold to the Richter Vinegar Company, and, in 1957, the ten-acre plot of land on which it was built was sold to Milwaukee County.

1961

The company went public in 1961, making stock available for the first time to people outside the small circle of founding families and their friends.

1962

1962: Red Star changes its name to Universal Foods Corporation.

1968

In September 1968 Universal was stunned by the murder of Russell Wirth.

Universal purchased the National Yeast Company, a New Jersey firm, in 1968.

1977

In 1977, production began on a line of imitation cheeses.

In 1977 the company listed its stock on the New York Stock Exchange (SXT).

1979

1979: Rogers Foods, Inc., producer of dehydrated onion and garlic, is acquired.

1981

In 1981, the company bought out one of its longstanding competitors, the Federal Yeast Company, solidifying its position as a major player in the yeast business.

1983

By 1983, three of Universal's five divisions--cheese, beverages, and fermentation--were together accounting for about three-fourths of the company's sales, each providing about a quarter of the total.

1985

1985: Company enters the frozen potato business with the purchase of Idaho Frozen Foods.

1990

In 1990 Universal got out of the cheese business, selling that division to INVUS Group, Ltd., a subsidiary of the Belgian firm R.T. Holding S.A. By that year, under chair and chief executive Guy Osborn, sales had reached over $873 million.

1991

1991: The food, drug, and cosmetic color business of Morton International, Inc. is acquired.

1992

In October of that year, Kenneth P. Manning was promoted to president and CEO of the company, having served as president and COO since 1992.

The color division made a particularly strong showing in 1992, emerging as the market leader among North American companies in that field.

Universal reported record sales in 1992, in spite of an off year for the frozen potato business as a potato glut led to depressed pricing.

1997

Osborn continued as chairman only until April 1997 when Manning assumed that position as well.

Since 1997, the corporation has acquired 20 companies.

1998

Also during 1998, Universal sued two former employees for allegedly posting defamatory comments about the company on Internet message boards.

2000

In the first month of 2000, Universal spent $49.4 million to complete two more acquisitions of color companies.

2001

Following this name change, Sensient sold Red Star Yeast in 2001.

2002

Sensient next purchased SynTec GmbH in January 2002.

In September 2002 Sensient announced the acquisition of Cardre, Inc., a Plainfield, New Jersey, producer of specialty ingredients used in cosmetics applications and sunscreen products.

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Founded
1882
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Headquarters
Milwaukee, WI
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Sensient Technologies may also be known as or be related to SENSIENT TECHNOLOGIES CORP, Sensient Technologies and Sensient Technologies Corporation.