Ecolab was founded in 1923 by Merritt J. Osborn as Economics Laboratory. The company’s first product, a hotel carpet cleaner, was not a success.
The company’s second product was a soap for hotel dish washing machines called SOILAX. This soap was the best on the market and sales reached $5.4 million by the end of the 1940’s.
Ecolab expanded internationally for the first time when it opened an office in Sweden in 1956.
Today Ecolab offers cleaning, sanitation, pest-elimination and maintenance products and services to the energy, healthcare, hospitality and industrial industries.
Ecolab trades publicly on the New York Stock Exchange under the ticker symbol ECL, is a member of the S&P 500, is #365 in the Fortune 500, has 45,415 employees and had $13.95 billion in revenue in 2013.
EcolabEcolab was founded in 1923 by Merritt J. Osborn as Economics Laboratory. The company’s first product, a hotel carpet cleaner, was not a success.
The company’s second product was a soap for hotel dish washing machines called SOILAX. This soap was the best on the market and sales reached $5.4 million by the end of the 1940’s.
Ecolab expanded internationally for the first time when it opened an office in Sweden in 1956.
History
Today Ecolab offers cleaning, sanitation, pest-elimination and maintenance products and services to the energy, healthcare, hospitality and industrial industries.
Ecolab trades publicly on the New York Stock Exchange under the ticker symbol ECL, is a member of the S&P 500, is #365 in the Fortune 500, has 45,415 employees and had $13.95 billion in revenue in 2013.
