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William Procter (industrialist)

From Wikipedia, the free encyclopedia

William Procter
Photo of William Procter
Born(1801-12-07)7 December 1801
Herefordshire, England
Died4 April 1884(1884-04-04) (aged 82)
Burial placeSpring Grove Cemetery
39°09′52″N 84°31′22″W / 39.164559°N 84.522672°W / 39.164559; -84.522672
NationalityBritish-American
Occupation(s)Candlemaker, industrialist
Known forCo-founder of Procter & Gamble Co.
SpouseOlivia Norris
ChildrenWilliam Alexander Procter

William Procter (7 December 1801 – 4 April 1884)[1] was an English-born American industrialist and candlemaker who was the co-founder of Procter & Gamble Company in 1837, along with James Gamble.

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Transcription

Early life

A native of England, William Procter was born on 7 December 1801 in Herefordshire and educated at Lucton School.[2] He entered into business in 1818 and was connected with the clothing industry in London in the late 1820s. His store was robbed and he was later mired in huge amount of debt.[2] In 1827, he became acquainted with William Hooper, who urged Procter to emigrate to America.[3] He arrived in the United States in 1830 and began to manufacture candles in New York City. He moved west with his first wife, Martha Peat Procter. She died during their westward journey in Cincinnati, Ohio, in 1832.[4]

Procter & Gamble

Planning only on staying for a short while before resuming his relocation plans, he decided to stay and spent the remainder of his life in Cincinnati. He started his business and, in 1833, married Olivia Norris, who was the daughter of a prominent candle maker in the city.[5] At his father-in-law Alexander Norris's suggestion, he joined forces in 1837 with his brother-in-law, James Gamble, to establish the company that bears their names. Both needed pig fat and Norris's proposal allowed them to procure large quantities from suppliers at a lower cost.[5] The company began to manufacture Ivory soap and profits grew to enormous proportions.

His son William Alexander Procter and grandson William Cooper Procter were company presidents.[6]

Procter is buried in Spring Grove Cemetery,[7] as is his business partner, James Gamble.

References

  1. ^ "William Procter". NNDB. Retrieved 11 September 2012.
  2. ^ a b Reiman, Joey (2012). The Story of Purpose: The Path to Creating a Brighter Brand, a Greater Company, and a Lasting Legacy. Hoboken, NJ: John Wiley & Sons. pp. 8–9. ISBN 978-1-118-44369-9.
  3. ^ Greve, Charles Theodore (1904). Centennial History of Cincinnati and Representative Citizens, Vol. II. Chicago, Illinois: Biographical Publishing Company. p. 606.
  4. ^ "GOODWINV.IVORY SOAP COMPANY AND PROCTER & GAMBLE COMPANY". Reports of Patent, Design and Trade Mark Cases. 18 (17): 389–392. 8 August 1901. doi:10.1093/rpc/18.17.389. ISSN 0080-1364.
  5. ^ a b Millett, Stephen M. (2011). Managing the Future: A Guide to Forecasting and Strategic Planning in the 21st Century. Triarchy Press. p. 200. ISBN 978-1-909470-00-2.
  6. ^ Davis, Dyer; et al. (1 May 2004). Rising Tide: Lessons from 165 Years of Brand Building at Procter and Gamble. Harvard Business Press. p. 427. ISBN 9781591391470. Retrieved 7 May 2013.
  7. ^ "Grave burial information" (PDF). Spring Grove Cemetery. Retrieved 11 September 2012.


This page was last edited on 17 May 2024, at 11:57
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