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Clark's predecessor was the George R. Rich Manufacturing Company, founded in 1903 in Chicago, Illinois by executives of the Illinois Steel Company. [1] The company moved to Buchanan, Michigan in 1904 when that city's chamber of commerce advertised a financially sound deal with respect to industrial rent and power supply. [ 1 ]
Acme Electric Motor, Inc. (commonly referred to as Acme Tools) is a family-owned tool and equipment distributor [1] in the Midwestern United States. Founded in 1948 as Acme Electric Motor, Inc., this company was first rebranded as Tool Crib of the North in 1970, and then as Acme Tools in 2005.
The average Clark station sold twice the number of gallons as the national average, and its emphasis on premium gasoline gave the company a high profit margin. Emory Clark sold his interest in the company in 1981 to Apex Oil, a St. Louis, Missouri–based company. In 1985, Apex decided to sell Clark Oil. By 1987, Clark and Apex were bankrupt. [1]
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Dresser Industries was created from the 1938 merger of the Solomon R. Dresser Company (founded in Bradford, Pennsylvania) and the Clark Brothers Company (founded in 1880 in Belmont, New York; moved to Olean, New York in 1912). [2] [6]