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DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in the development of the U.S. state of Delaware and first arose
Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
Map of the history of the DuPont family and company along Delaware Route 141. Along Delaware Route 141 there are a number of historic sites that trace the history of both the Du Pont family and the DuPont company. At the southwest end is DuPont’s Chestnut Run Plaza and at the northeastern end is the Alfred I. duPont Hospital for Children.
In 1957, he joined DuPont as an industrial engineer in the Kinston, North Carolina, plant, moving on to manufacturing and management positions in Wilmington, Delaware, Old Hickory, Tennessee and Camden, South Carolina. [1] [2] [5] He was CEO and chairman from 1989 to 1995. [1] [4] During that time, DuPont stock increased by 160 percent. [4]
DuPont's explored chemical reactions in supercritical water in the 1950s to support its production of CrO 2 for magnetic recording tapes. Hyperbaric recrystallization of ultra-high molecular weight polyethylene led to DuPont's business in Hylamer polyethylene for bearing surfaces in hip and knee replacement arthroplasty.
The Wilmington News Journal praised these policies, saying that du Pont "revived [the] business climate and set the stage for [Delaware's] prosperity". [citation needed] In 1979, he founded the nonprofit "Jobs for Delaware Graduates", an employment counseling and job placement program for high school seniors not bound for college. This program ...
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