FMC Corporation

FMC Corporation

Type	Public
Traded as	: FMC S&P 500 Component
Founded	1883; 134 years ago (1883)
Founder	John Bean
Headquarters	FMC Tower Philadelphia, Pennsylvania, United States
Key people	Pierre Brondeau (president and CEO)
Revenue	US$ 3,874.8 million (2013) US$ 3,409.9 million (2012)
Operating income	US$ 659.0 million (2013) US$ 639.1 million (2012)
Net income	US$ 293.9 million (2013) US$ 416.2 million (2012)
Total assets	US$ 5,235.2 million (2013) US$ 4,373.9 million (2012)
Total equity	US$ 1,572.1 million (2013) US$ 1,554.8 million (2012)
Number of employees	Approximately 5,500 (2012)
Divisions	FMC Agricultural Solutions FMC Health and Nutrition FMC Minerals
Website	FMC.com

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania. The company was founded by chemist John Bean in 1883 as the Bean Spray Pump Company in Los Gatos, California, producing piston pumps for insecticides. In 1928, Bean Spray Pump purchased two companies: the Anderson-Barngrover Co. and Sprague-Sells Co. At this time the company changed its name to Food Machinery Corporation, and began using the initials FMC. In 1941 the company FMC received a contract to design and build amphibious landing vehicles tracked vehicles for the United States War Department, and afterwards the company continued to diversify its products. FMC employed 5,500 people worldwide, and had gross revenues of US$3.4 billion in 2011.

Founded in 1883 as the Bean Spray Pump Company in Los Gatos, California by chemist John Bean. The company's first product was a piston pump. Bean invented the pump to spray insecticide on the many fruit orchards in the area. A Bean sprayer was on display at the Forbes Mill museum in Los Gatos until its closure in 2014. Bean Avenue in downtown Los Gatos is named after John Bean.

In 1928, Bean Spray Pump purchased two companies: the Anderson-Barngrover Co. and Sprague-Sells Co. The Anderson-Barngrover Co. manufactured a sealed can rotary pressure sterilizer and the Sprague-Sells Co. manufactured canning machinery. At this time the company changed its name to Food Machinery Corporation, and began using the initials FMC.

FMC received a contract to design and build amphibious landing vehicles tracked vehicles for the United States War Department in 1941. FMC ranked 64th among United States corporations in the value of World War II military production contracts.