Olin Corporation
 |
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| Public | |
| Traded as | : OLN S&P 400 Component |
| Industry | Chemicals, manufacturing |
| Founded | 1892 |
| Founder | Franklin W. Olin |
| Headquarters | Clayton, Missouri, United States of America |
|
Area served
|
worldwide |
| Products | Copper alloys, ammunition, chlorine, and sodium hydroxide |
| Revenue |
 $ 2.515 billion (FY 2013)
|
| Website | www |
The Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. Based in Clayton, Missouri, it traces its roots to two companies, both founded in 1892: Franklin W. Olin's "Equitable Powder Company" and the "Mathieson Alkali Works". After being headquartered for many years in Stamford, Connecticut, it is now headquartered in Clayton, Missouri.
The company was started by Franklin W. Olin in East Alton, Illinois, as the Equitable Powder Company. Olin created the company for the purpose of supplying the area's coal mines and limestone quarries with explosives. Olin's blasting and gunpowder company expanded into the production of cartridges in 1898.
Franklin Olin, along with his two sons John and Spencer, formed the Western Cartridge Company in direct competition with Remington and Winchester. For a time, his competitors were able to get their suppliers to shut off sources of raw materials in an attempt to drive Olin out of business. In order to survive, Olin diversified the activities of the company.
The company bought a paper manufacturer (the Ecusta Paper Company in Pisgah Forest, North Carolina), a lead shot facility, an explosive primer facility, a cartridge brass manufacturing facility, and a fiber wad facility. The company also started its own brass mill. Together, these companies became the Western Cartridge Company. Through it, the Olins made a fortune supplying ammunition during World War I.
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