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| Feature: A Waxing Empire | |||||||||
| The Johnson Business History
Elizabeth Harris 07/01/2006 |
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In 1886, Samuel Curtis (S.C.) Johnson buys a parquet flooring business. It will soon take a backseat to a wax paste he cooks up in his bathtub. His son, Herbert Fisk, and grandson, H.F., would expand that sideline into the international firm, SC Johnson. In 1954, H. F.’s son, Sam, joins the company, still largely a wood-care business. Within two years, his department has invented four new products, including Raid. His father skeptically asks, “Does it have any wax in it?”
As a father of young children in the 1970s, Johnson starts two businesses from scratch, in sporting goods and banking, which become Johnson Outdoors, the family’s only publicly traded entity, and Johnson Financial.
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