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- The Hercules Powder Company was set up as a fully developed business entity, complete with several explosives factories, a healthy segment of the explosives market, and a $5 million "loan" in its treasury. It operated successfully and made a profit from its very first year.
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Although the foray into plastics had required large capital and research expenditures that depressed earnings, Hercules remained a profitable and steadily growing company. High inflation actually helped the synthetics industry since the prices of natural fibers outpaced the cost of synthetics.
Hercules, Inc. was a chemical and munitions manufacturing company based in Wilmington, Delaware, United States, incorporated in 1912 as the Hercules Powder Company following the breakup of the DuPont explosives monopoly by the U.S. Circuit Court in 1911.
Although the foray into plastics had required large capital and research expenditures that depressed earnings, Hercules remained a profitable and steadily growing company. High inflation actually helped the synthetics industry since the prices of natural fibers outpaced the cost of synthetics.
May 29, 2018 · Sales of aerospace equipment and fuels accounted for almost 10% of sales in 1961, 15% in 1962 and 25% in 1963. Throughout the Vietnam War Hercules continued to derive approximately 25% of its profits from rocket fuels, anti-personnel weapons and specialty chemicals such as Agent Orange and napalm.
Oct 16, 1988 · Hercules Bacchus Works in western Salt Lake County started out making dynamite in the early part of this century, and now, celebrating its 75th year, its products have exploded on the world market in graphite production for aerospace and recreation. Hercules began in 1913 as Hercules Powder Co., supplying dynamite to the mining industry in the West. By World War I, it began to diversify, and ...
Hercules Inc. began as the Hercules Powder Company. A 1912 antitrust settlement led to Hercules Powder Company being splint off from Du Pont with a portion of Du Pont's patents being assigned to it. War World I spurred the growth of Hercules and during the post war period the company explored new uses for its stockpiles of naval stores and ...
Jun 1, 1988 · By Staff. 6501 Ravenna Road Painesville, Ohio 44077. The Hercules Motors Corporation was organized in Canton, Ohio 73. years ago (1915) to supply highs-peed, lightweight gasoline engines. for the fast-growing transportation industry. These engines became. the standard power for the then-major independent truck. manufacturers.
