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It’s a great article with a lot of history. This has to be my favorite bit: [..] But in 1949, demand for canning jars sank again, and the company had its firs
by jelliclesfarm 6y ago
It’s a great article with a lot of history.
This has to be my favorite bit:
[..] But in 1949, demand for canning jars sank again, and the company had its first net operating loss. The ’50s brought home freezers and suburbia and a rise in supermarkets; no longer did people need to can. In an attempt to diversify, Ball created an aerospace and technology arm, the Ball Brothers Research Corp., which would eventually build satellites for NASA.[..]
And
[..] In 2016, Atlanta-based Newell Brands got into the mason jar business when it paid $13.2 billion to acquire Jarden — “jar” and “den,” get it? — formerly known as Alltrista, the company spun off by Ball in 1993. Alltrista owned the trademarks to Kerr, Ball, Bernardin, and Golden Harvest — four of the major brands still being produced, which it was marketing to a whole new generation of mason jar lovers.[..]
$13.2 billion. Only in America.