Bill Binnie
| William Binnie | |
|---|---|
| Personal details | |
| Born |
February 2, 1958 Scotland, United Kingdom |
| Political party | Republican |
| Spouse(s) | Nina Binnie |
| Alma mater | Harvard University |
| Religion | Presbyterianism |
| Website | Campaign website |
William Harrison "Bill" Binnie is a New Hampshire industrialist and investment banker, currently president of Carlisle Capital Corporation, president of media company New Hampshire 1 Network and owner of Carlisle One Media, and Chairman of the Finance Committee for the New Hampshire Republican State Committee. He also made an unsuccessful run for the Republican nomination for the U. S. Senate in 2010. He was formerly chairman of Carlisle Plastics, Inc. until that firm was sold to Tyco International in September 1996.
Binnie was born in Scotland and immigrated to the United States at the age of 5. He attended Harvard University on a scholarship. As a student, he was a research fellow for the Accounting Review, a journal on finance and accounting. Upon graduation, he attended Harvard Business School, where he served as president of the Management Consulting Club. After graduation, he took a position as a consultant at McKinsey & Co.
Fresh out of graduation from Harvard, Binnie began to make a name for himself buying and selling companies alongside a wealthy investor for whom he had been doing financial research.
Binnie acquired the assets of Polytech, a Minneapolis, Minnesota-based manufacturer of household and commercial plastics, including food storage bags and wraps, trash bags, and plastic sheeting. Polytech made the "Ruffies" brand trash bag which actor/comedian Jonathan Winters helped to make famous. Binnie also acquired American Western, a Sioux Falls, South Dakota-based private label manufacturer of similar products, along with four other plastics manufacturers that included a line of coat hangers. He consolidated the six companies into Carlisle Plastics, Inc., building a large corporation, employing thousands of workers. He was chairman of the board from 1985 onwards and Chief Executive Officer and President from 1985 to 1994. By 1996, he owned 62.5% of Carlisle's Class B shares making him the majority owner.
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