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Additional information |
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HB Fuller Ventures |
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Overview:
H.B. Fuller Company is a leading worldwide formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The company was founded in 1887 and is headquartered in St. Paul, Minnesota, US. The Company employs approximately 4,000 team members worldwide. It has a direct presence in 43 countries and reaches customers in over 100.
Customers use H.B. Fuller’s adhesives products in manufacturing common consumer goods, including food and beverage containers, disposable diapers, windows, doors, flooring, appliances, sportswear, footwear and multiwall bags. The company also provides adhesives for a variety of industrial applications, such as water filtration products, insulation and textiles. H.B. Fuller’s adhesives help improve the performance of its customers’ products or improve their manufacturing processes. H.B. Fuller also provides its customers with technical support and unique solutions designed to address their specific needs. |
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History:
The History of H.B. Fuller
1887 Harvey Fuller moves to St. Paul, manufactures flour and water paste
1901 Harvey Fuller invents unique scaffolding
1915 H.B. Fuller Company incorporates
1921 Harvey Fuller Jr. assumes H.B. Fuller presidency
1924 H.B. Fuller expands product line with new formulas for canning
1929 H.B. Fuller sales reach unprecedented revenue level at $157,000
1934 Elmer Andersen joins H.B. Fuller, specializing in advertising and sales
1938 Ray Burgess develops revolutionary new hot pick-up adhesive
1941 Harvey Fuller sells company to Elmer Andersen
1946 H.B. Fuller sales reach $1 million
1949 Elmer Andersen becomes candidate for Minnesota State Legislature
1950 H.B. Fuller establishes seven branch plants; growth rate skyrockets
1953 H.B. Fuller’s 11th facility opens in Portland, Oregon, U.S.
1956 H.B. Fuller produces 600 adhesive products; sales reach $6 million
1959 H.B. Fuller begins international expansion in Canada and the Bahamas; H.B. Fuller sales reach $10 million
1961 H.B. Fuller’s international markets span South America, Europe, Africa and Asia
1964 H.B. Fuller merges its nine independent companies
1965 Record sales hit $20.8 million as company reorganizes into four geographic regions
1968 Sales at H.B. Fuller increase to new high of $36.6 million
1968 H.B. Fuller holds first public stock offering
1971 Tony Andersen becomes H.B. Fuller President
1974 H.B. Fuller sales top $100 million, even during recession
1977 H.B. Fuller distributes 100-percent stock dividend
1978 H.B. Fuller purchases 180 acres in St. Paul (Vadnais Heights), Minnesota, U.S., for future headquarters
1980 Sales of $296 million set new records
1981 Construction begins at Willow Lake in St. Paul, Minnesota, U.S., site of new H.B. Fuller lab; H.B. Fuller reorganizes, focusing on strategic business units
1982 H.B. Fuller acquires Isar-Rakoll Chemie; expands European presence
1982 H.B. Fuller institutes 14-step quality control program
1982 H.B. Fuller Willow Lake research facility opens
1984 H.B. Fuller named to Fortune 500 based on 1983 performance
1985 H.B. Fuller signs joint venture agreement with Guangdong Province, China
1986 H.B. Fuller reaches $500 million sales goal
1986 H.B. Fuller establishes the H.B. Fuller Company Foundation in support of its philanthropic vision and commitment to the community
1994 H.B. Fuller reaches $1.1 billion worldwide sales
2002 Trading of public stock moves to NYSE – with the ticker symbol FUL
2005 & 2006 Forbes magazine named H.B. Fuller to its Platinum 400 list of best managed big companies in America, and one of the top 10 companies in the chemical industry
2009 H.B. Fuller celebrates the grand opening of its new Asia Pacific Regional Technology Center in Shanghai, China
2010 H.B. Fuller acquires Revertex Finewaters Sdn. Bdh. in Malaysia, strengthening the company’s presence in Southeast Asia
2010 H.B. Fuller announces expansion to India with a $12 million manufacturing facility being built in Pune, India
2010 H.B. Fuller opens its manufacturing facility in Nanjing, China, the first adhesives manufacturing facility of its kind in the Asia Pacific market focused on reactive technologies
2011 H.B. Fuller acquires Liquamelt Corp., and patented Liquamelt™ adhesive system
2011 H.B. Fuller worldwide sales reach $1.56 billion
2012 H.B. Fuller acquires Forbo’s global industrial adhesives business and Engent, and divests its Central American Paints business. The company also opens its manufacturing facility in Pune, India
2013 H.B. Fuller acquires Plexbond Química S/A, expanding company’s presence in Brazil
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