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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]
Scotts Miracle-Gro global headquarters. 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]
In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
Miracle-Gro was first created in 1951, and the company that owned the product line merged with Scotts in 1995, according to Scotts. In 2005, the company changed its name to The Scotts Miracle-Gro ...
Scotts Miracle-Gro has soared in 2013, rising just under 30%, much to shareholders' satisfaction. However, through the first nine months of the company's 2013 fiscal year, revenues are down 2.1% ...
The next selection for the Inflation-Protected Income Growth portfolio is yard titan Scotts Miracle-Gro . Perhaps best-known as the official lawn-care company of Major League Baseball, Scotts ...
The company was acquired by Scotts Miracle-Gro for $72 million (~$111 million in 2023) in 2004. [1] At the time of its closure, Smith & Hawken had approximately 700 employees in its stores and the Novato, California , headquarters.
Shares of the lawn care specialist got a boost after a better-than-expected earnings report.