Wednesday, August 12, 2020

Ohio's Oldest Companies

 

Ohio has over 70 companies that have prospered for 100 years and more. Of these, 13 are public and at least 45 are generational family firms. (One, Smuckers, is both publicly-traded and run by 5th generation family.) If you know of a company that has been in continuous, independent operation for over 100 years and should be added to this list, or have a correction to any of the information provided here, please let me know.

1803: Golden Lamb, Lebanon Run by the family that purchased it in 1926 - generation?

1812: Rider's Inn, Painesville

1833: Austin Powder, Cleveland

1836: Stevenson Manufacturing (agricultural service), Wellsville

1839: Procter & Gamble, Cincinnati public

1840: Candle-Lite, Leesburg private (manufacture candles)

1840: End of the Commons General Store, Mesopotamia

1842: Verdin Company, Cincinnati 6th generation

1845: Wise Funeral Service, Bucyrus 5th generation

1846: Powell Valves, Cincinnati 3rd generation?

1847: Cleveland-Cliffs, Cleveland public

1848: Ohio Farmers Insurance (Westfield Insurance), Westfield Center private

1855: Schoedinger Funeral Services, Columbus 6th generation

1860: Requarth, Dayton 5th generation

          Wilson Bohannan Lock, Marion 7th generation

1866: Baker & Baker Jewelers, Marietta

          Huntington Bancshares, Columbus public

          Sherwin-Williams, Cleveland public

1868: Gordon Lumber, Fremont

1868: A.I. Root Company, Medina 5th generation

1870: Graeter's, Cincinnati 5th generation

1871: Ritter's Office Outfitters, Mansfield employee-owned

1872: Champion Bridge Co, Wilmington

1872: Ohio Valley Banc Corp, Gallipolis public

1873: Schantz Organ, Orrville 4th generation

1877: Greif, Delaware public

1880: Freeport Press, New Philadelphia

1881: Seeger Metal & Plastics, Toledo 5th generation

1882: Ohlman Greenhouse, Toledo 5th generation

1885: Belden Brick, Canton 5th generation

          Gibson's Bakery, Oberlin 4th generation

1886: Mennel Milling, Fostoria 5th generation

1887: W.H. Fay, Cleveland 2nd generation

1888: Coyle Funeral & Cremation Services, Toledo 5th generation

1891: Acme Fresh Market, Akron 5th generation

1892: Rieck, Dayton 4th generation

1895: Lincoln Electric, Cleveland public

1896: Hill & Griffith, Cincinnati

1897: Smucker's, Orrville public & 5th generation

1898: Gebauer Company, Cleveland

          Goodyear Tire & Rubber, Akron public

          Robertson's Building Center, Malvern 3rd generation?

1899: Timken Company, North Canton public

          Wayne Savings Bancshares, Wooster public

1900: Block Communications, Toledo 3rd generation

          French Oil Mill Machinery, Piqua 4th generation

          McNerney Companies, Northwood 4th generation

1901: Fifth Avenue Floral, Columbus

          Kuhlman Corp, Maumee 5th generation

1902: Hyde Park Lumber & Design Center, Cincinnati 4th generation

1905: E.F. Boyd & Son, Cleveland 4th generation

          Fremont Company, Fremont 4th generation

1906: American Electric Power, Columbus public

          American Greetings, Cleveland

1907: Bolin-Dierkes Funeral Home & Crematory, Zanesville 3rd generation?

1908: Cellar Lumber, Westerville 4th generation

          Graves Lumber, Copley 4th generation

1909: Ansonia Lumber, Ansonia 4th generation

          Geiger Brothers, Jackson

1910: Elford, Columbus

          Henry Bierce Supply, Tallmadge 3rd generation

          Toledo Ticket, Toledo 4th generation

1911: Woolpert, Dayton

1914: Bard Manufacturing, Bryan 4th generation

1915: Kottler Metal Products, Willoughby 4th generation

          Midmark, Dayton 4th generation

          Ruhlin, Sharon Center 3rd generation, ESOP

1916: Ondrus Hardware, Toledo 3rd generation

          Walt Sweeney Ford, Cincinnati 3rd generation (and more?)

          Wangler Hardware, Fort Recovery 5th generation

1917: LEWCO, Sandusky 2nd generation

          Parker Hannifin, Cleveland public

          RMS Freight Systems, Roseville 2nd generation

          Rulli Brothers, Youngstown 3rd generation

1919: Mill-Rose, Mentor 4th generation

          Schauer Group, Canton 4th generation

1920: Copp Systems, Dayton


If you'd like to learn more about how companies such as these have managed to survive for 100 years and more, you can find my book Lessons from Century Club Companies: Managing for Long-Term Success at Amazon and Barnes & Noble 


11 comments:

  1. Dobry Dzień

    Hey there. I'm trying to figure out when Ohio first developed a mechanism for creating private companies -- beyond public charters.
    I'm admittedly being stupid, but have hit a wall.
    Thoughts?

    Dzięky

    James

    ReplyDelete
  2. Hello. Wise Funeral Service (Wm. Wise & Sons, Inc.) was established in Bucyrus in 1845 and is now operated by David Wise, 5the generation).

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  3. Thank you for this information - I have added 5th generation Wise Funeral Service to the Century Club data base

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  4. Good morning. I enjoyed reading the list of companies that you've compiled- thank you for your work. I work for Champion Bridge, a steel fabricator that was begun in 1872 in Wilmington, Ohio.

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  5. Thank you for the information on Champion Bridge - I just added them to my list of Century Club Companies - congratulations on 150 years!

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  6. Hello - I just wanted to mention that the Ohio Farmer's Insurance Company (Westfield Center, OH) was chartered as a company in Ohio in 1848, and definitely deserves to be on your list!

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    Replies
    1. Thank you for this information about Ohio Farmer's Insurance/Westfield Insurance - I will add them to my list!

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  7. the AI Root Company in Medina was founded in 1869, and I believe they are fifth generation. They make beautiful candles for liturgical and consumer purposes, and they still maintain a newsletter to bee keeping, which is part of the company's older history (bees make wax, which goes into liturgical candles, as the Pope decreed that at least 50% of church candles must be beeswax!).

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  8. The Gebauer Company in Cleveland was founded in 1898 and manufactures topical anesthetics, etc. We call it a 125-yr-old start-up, because they are still innovating!

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  9. Thank you Grant for these two companies - I will add them to the list!

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  10. I am 4th generation owner of of Diamond K Meats, Inc. (dba Chef-Ko) Founded in Cleveland in 1912. I found this blog in a search to see the longest wholly Cleveland based company. I may be the longest private/family owned company.

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