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Uline was founded in 1980 by Elizabeth "Liz" and Richard "Dick" Uihlein. Richard Uihlein is a descendant of the brewers of Schlitz beer. [1] With start-up funds from his father, Edgar Uihlein, Richard and Elizabeth founded the company from their basement after recognizing a local need for a shipping supply distributor.
W. W. Grainger, Inc. is an American Fortune 500 [5] industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. [6]
That year, with start-up funds from his father, Uihlein and his wife Elizabeth (Liz) Uihlein founded Uline, a shipping supplies company; the couple continue to own the company. [ 8 ] [ 9 ] The company expanded rapidly and is now one of the largest U.S. privately held companies; in 2014, Forbes estimated a company value of between $700 million ...
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The company was founded in 1901 at 160 East Lake street in Chicago as the McMaster-Davis Supply Company. [6] [7] Starting with $50,000 in investor capital, its founders were T.J. McMaster, a former stationary engineer, and F.C. Davis, who had been a chief engineer in the U.S. Navy.
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