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Tenneco bought Houston Oil & Minerals Corporation with two gold mines in Nevada in the late 1970s. Tenneco owned and operated a large number of gasoline service stations, but all were closed or replaced with other brands by the mid-1990s. [7] Fairchild F-27J executive aircraft of Tenneco at Chicago O'Hare Airport in 1979.
In 1984, Tenneco bought International Harvester's agricultural equipment division and merged it into Case, and the farm equipment brands were combined as Case IH, although the corporation legally remained the J. I. Case Company. It continued as such until 1994, when Tenneco divested it as the Case Equipment Corporation.
1972 Tenneco buys David Brown Tractors of Yorkshire, which becomes part of J I Case. 1972 Case Traction King 2470 and 2670 introduced with equal-sized wheels and four-wheel steering. In 1973, they purchased British tractor manufacturer David Brown and used this acquisition to enter the UK tractor market, ultimately incorporating the DB ...
The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965. [4] In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America
Pages for logged out editors learn more. Contributions; Talk; Tenneco Inc.
Joe B. Foster (July 25, 1934 – May 9, 2020) was an American businessman, oilman and philanthropist from Texas.From 1989 to 2005, Foster was chairman, president, and chief executive officer of Newfield Exploration Company, headquartered in Houston. [4]
By 2004 he had developed revenue boosting strategies in a number of platforms, logistics, customers, markets and product lines at Tenneco. [16] [17] Tenneco improved the market share positions for a number of its products. However, in 2004, Tenneco earned a net income of $13 million, which represented a 52% drop from its 2003 figure.
Tenneco was named one of the 100 Best Managed Companies in the World four times during his tenure. [5] At Tenneco he was elected chairman of both the Business Roundtable (1998–1999) and the National Association of Manufacturers (1994–1995). Before Tenneco, Mead was executive vice president and a member of the board at International Paper. [6]