Hercules Inc.
 |
|
| Industry | Chemistry |
|---|---|
| Fate |
Ashland Inc Successor |
| Founded | 1912 by T.W Bacchus |
| Headquarters | Hercules Plaza, Wilmington, Delaware, United States |
|
Key people
|
Craig A. Rogerson, President and CEO Allen A. Spizzo, VP and CFO Paul C. Raymond III, VP and President, PTV John E. Panichella, VP and President, Aqualon Edward V. Carrington, VP of HR |
| Products | chemical |
| Website | http://www.ashland.com/ |
Hercules, Inc., was a chemical and munitions manufacturing company based in Wilmington, Delaware, which was formed as the Hercules Powder Company. Hercules Powder Company was formed in 1882 by DuPont and Laflin & Rand Powder Company to finance construction of a dynamite plant on land adjacent to San Francisco Bay owned by DuPont subsidiary California Powder Works. This created the company town of Hercules, California. Hercules Inc. was a manufacturer of chemicals and munitions based in Wilmington, Delaware. The company was established in 1912 by T.W. Bacchus as the Hercules Powder Company. The Hercules Powder Company was one of the companies created from the break up of the E.I. du Pont de Nemours "powder trust" in 1911 as ruled by a U.S. Supreme Court decision. In its early years as a separate company, it continued to produce explosives and dynamite." Hercules was spun off from DuPont as a result of U.S. federal government actions in the field of antitrusts. Hercules, Inc., operated under this name until 2008, when it was merged into Ashland Inc.
Hercules, Inc., was one of the major producers of smokeless powder for warfare in the United States during the 20th century. At the time of its spin-off, the DuPont Corp. retained the processes and patents for the production of "single-base" nitrocellulose gunpowders, whereas Hercules, Inc., was given the patents and processes for the production of "double-base" gunpowders that combined nitrocellulose and nitroglycerine.
Hercules Inc. was founded as a result of a DuPont Anti-trust lawsuit. The first management team revolved around President H. Dunham, T.W. Bacchus, G.G. Rheuby, J.T Skelly, Norman Rood, Fred Stark, C.D. Prickett, and George Markell.
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