Ten Origin Corporation Stories In Ohio
August 1876 – North Canton, Ohio
Diebold was founded in 1859 initially as Diebold Bahmann Safe Company. The company created safes for vaults and banks. After a time they became Diebold Inc and as recently as October 2015 they merged with Wincor Nixdorf a German corporation.
In the 1970s Diebold began creating and marketing its own automatic teller machines. In 2002 Diebold acquired Premier Election Solutions and continued the company’s business of creating voting machines along with their existing automatic teller machine business.
So the next time you take cash from the automatic teller machine or vote remember the headquarters is in North Canton, Ohio.
The J.M. Smucker Company
In Orrville, Ohio is the headquarters for The J.M Smucker Company. They manufacture fruits spreads and other edible goodies since 1897. The JM stands for Jerome Monroe Smucker he ran his own cider mill and sold apple butter from the back of his wagon. Almost 120 years later in Jerome Monroe’s birthplace is where Smucker’s still thrives today and his family along with it. Mark Smucker, Richard Smucker, and Timothy Smucker severe on the board in various capacities.
Mark Smucker became the fifth president and CEO on May 1, 2016.
In March 2015 Smucker’s dipped into the pet food industry by acquiring Big Heart Pet Brands. This made Smucker’s America’s eighth largest shelf-stable food and beverage company.
Recognizable brands of J.M Smucker Company include Jif, Sara Lee, Crisco, Folgers and Dunkin Donuts.
The Timken Company
Timken was founded in 1899 when Henry Timken, a carriage maker, improved the design of the carriage so that it can make turns in a smoother fashion. After his improvement he and his sons founded The Timken Roller Bearing and Axle Company.
In 1901 Henry Timken moved from St. Louis to Canton, Ohio where the world-wide headquarters still stands today. Timken currently operates in 28 countries. The company was the first to introduce roller bearing for railroad cars during a time when railroads were considered a major mode of transportation.
Henry Ford’s assembly line won’t have been created for another 20 years. Henry Timken’s great grandson William Timken served as Chairman of the Board of Directors, President and CEO he also served as the United States Ambassador to Germany.
Goodyear Tire and Company
Charles Goodyear was an American inventor Goodyear named their company after him for inventing rubber but history later discovered the Mesoamericans founded it before he did and Thomas Hankcock had a patent pending months before Goodyear did.
Frank Seiberling co-founded The Goodyear Tire Company with his brother. Akron has the nickname of Rubber City to this day and companies like Goodyear is one of them. The first plant was built in Akron in 1898, Ohio where the company headquarters still stands to this day. The first factory opened in 1898 and the
Sherwin Williams was founded by Henry Sherwin and Edward Williams in 1866. Sherwin used his life savings to buy a partnership with Truman Dunham Company of Ohio. It was a well spent $2,000 the firm distributed not only painting supplies but pigments, oils and glass as well. Sherwin created a new pain business with his new partner Edward Williams.
The two bought its first factory on the Cuyahoga River in Cleveland, Ohio. In 1877 Sherwin-Williams & Company revolutionized the paint industry by developing the first re-sealable paint can.
In 1910 Henry Shaw opened his first store in Lorain, Ohio. Two years later he opens a store with his brother in law in Youngstown, Ohio. The headquarters opened in Akron, Ohio. In 1990 Sterling acquired Kay Jewelers. In 2015 Sterling Jewelers announced an $18 million dollar expansion that would bring an influx of 200 jobs to the Akron area.
In 2005 Macy’s merged with Federated Department Stores closed three of its headquarters located in Minneapolis, Seattle, and St. Louis. Today its corporate headquarters is in Cincinnati, Ohio.
Proctor and Gamble
In 1837 William Procter emigrated from England and started his own business as a candle maker. James Gamble emigrated from Ireland was a soap maker. The two each married sisters, the sister’s father Alexander Norris recognized that his son in laws were in search for the same natural materials for their businesses. At their father in law’s suggestion the two became business partners and the two began The Procter & Gamble Company.
In 1933 the company wanted to find a new way to reach more people by launching Ma Perkins. The radio’s first soap opera. Unlike other incarnations of this kind P&G was the first to own its own production company as a way to have full control over the advertising.
P&G Brands include Charmin, Bounty, Dawn, Tide, Downy, Head and Shoulders, Vicks and Crest to name a few.
William Procter and James Gamble started Procter & Gamble Company in Cincinnati, Ohio where their corporate headquarters still stands today.
In Cincinnati, Ohio Barney Kroger invested his savings of $372 and opened his first store. Today 133 years since Barney Kroger set up shop, Kroger is one of the world’s largest retailers and expands to 2,700 stores in 35 states. Its headquarters are in Cincinnati, Ohio.
The most unique on the list is GoJo, a company that focuses on hygiene and skin care. “Necessity is the mother of invention” is an old proverb. Goldie and Jerry Lippman founded the GoJo Company during World War II when Goldie was working in a rubber factory. She and he coworkers were using a harsh substance known as benzene to remove the rubber and graphite and tar.
In collaboration with Professor Clarence Cook from Kent State University the three created GoJo Hand Cleaner. From there sprung the invention of Purell Hand Sanitizer.
GoJo was founded in Akron, Ohio where its corporate headquarters currently operates.
Just like these multi-million and billion dollar corporations had their modest beginnings so can you. Do you have a great idea that you want to weave into gold? Go for it! Every successful person has their share of failures behind them. You can't succeed if you've quit after one or two failures.