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The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
Miracle-Gro, a water-soluble fertilizer, was developed after Horace Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944. [1] [2] [3] They hired O. Wesley Davidson, a Rutgers University professor, to develop the fertilizer. [1] In 1950, the company was formed after Hagedorn's wife Peggy named the product.
Scotts LawnService was a subdivision of the Scotts Miracle-Gro Company, an American multinational corporation headquartered in Marysville, Ohio. It was founded with the acquisition of Emerald Green Lawn Care in 1998 and was merged into TruGreen in 2016.
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Scotts Miracle-Gro (NYS: SMG) carries $649.7 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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Marysville is the headquarters for Scotts Miracle-Gro Company, the largest producer in the world of horticulture products. The company was founded in 1868 by Orlando Scott in Marysville, and has grown to have an $8 billion market. [50] Honda Development and
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