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About Signode — History |
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1913 |
Chicago inventor,
Ellsworth E. Flora, and his partner, J. Fremont Murphy, organize
the Seal and Fastener Company. |
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1916 |
The "Signode" name
is adopted. |
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1923 |
Signode Britain is
formed as the first foreign subsidiary. |
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1936 |
Signode International,
Ltd. is formed to consolidate all international businesses. |
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1946 |
Signode develops
the first fully automatic power strapping machine, revolutionizing
the packaging business. |
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1955 |
Signode is listed
on the NYSE. |
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1962 |
Plastic strapping
and tools are developed and sold. |
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1964 |
Signode Steel Strapping
becomes Signode Corporation. |
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1965 |
Signode develops
its own polypropylene strapping, called Contrax®. |
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1971 |
Corporate offices
move to Glenview, Illinois. |
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1977 |
Tenax® polyester
strapping is developed. |
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1982 |
Signode Corporation
becomes Signode Industries Inc. in one of the largest leveraged
buy-outs in American business history at that time. |
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1983 |
Tape and stretch
film packaging systems are added to Signode's product line, making
Signode the premier full-line supplier of protective packaging
systems. |
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1986 |
Signode is acquired
by ITW and restructured as Signode Packaging Systems. |
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1988 |
Sales, marketing
and support functions are organized around key industry segments. |
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1990 |
Signode develops
High-Strength Tenax® polyester strapping, which later replaces
steel strapping in many applications, including lumber and panel
products, cotton bales, brick cubes and paper rolls. |
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1998 |
Global industry managers
are named to address product development and marketing issues affecting
select industries worldwide. |
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Today |
Signode is one of
ITW's largest operating divisions, represented by direct sales,
wholly-owned subsidiaries, licensees and joint ventures in more
than 100 countries worldwide. |
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Tomorrow |
Committed to continued
growth through the development of new products and technologies,
Signode annually dedicates substantial resources to research and
development. We strive to create further growth opportunities through
improved performance, service and product quality. |
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