FMC Corporation Celebrates 80 Years on New York Stock Exchange
PHILADELPHIA, Dec. 20, 2011 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today marked the company's 80th year of listing on the New York Stock Exchange with the ringing of The Closing Bell(SM) by Pierre Brondeau, FMC president, CEO and chairman. FMC listed on the NYSE on April 23, 1931, as the Food Machinery Corporation.
"Our leaders came to the New York Stock Exchange 80 years ago to access the largest pool of capital available to help FMC accelerate its growth and fund international expansion," said Brondeau. "Today, FMC continues to focus on growth across all of our businesses and around the globe through our Vision 2015 strategy.
"We are proud to have such a longstanding relationship with the New York Stock Exchange, which has evolved as NYSE Euronext into the first truly global financial marketplace," added Brondeau.
FMC traces its innovative roots to 1883 when founder John Bean created the first continuous insecticide spray pump to combat a plant disease ravaging California orchards. Over the next 125 years, the company reinvented itself many times and became a leader in food and construction machinery, defense, oil field and subsea equipment and chemicals manufacturing. FMC completed its transformation into a pure play chemicals company in 2001 with the spinoff of its equipment and machinery businesses.
Today, FMC is a diversified specialty chemical company serving leading businesses around the world, focusing on innovation and growth. In 2010, FMC had annual sales of approximately $3.1 billion. The company employs approximately 5,000 people throughout the world, and operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals. For more information, visit www.FMC.com.
SOURCE FMC Corporation