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Miracle-Gro, a water-soluble fertilizer, was developed after Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944. [1] [2] [3] The pair hired O. Wesley Davidson, a Rutgers University professor to develop the fertilizer. [1] Hagedorn used royalties from producing a crime-drama "The Big Story" to fund the ...
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]
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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 ]
Image source: The Motley Fool. Scotts Miracle-Gro (NYSE: SMG) Q1 2025 Earnings Call Jan 29, 2025, 9:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
The product is marketed to consumers by Scotts Miracle-Gro Company. [4] In the late-2010s other non-glyphosate containing herbicides were also sold under the Roundup brand. [5] [6] Monsanto patented the herbicidal use of glyphosate and derivatives in 1971. [7] Commercial sale and usage in significant quantities started in 1974. [8]
TruGreen, originally known as ChemLawn and later as TruGreen ChemLawn, is the largest lawn treatment company in the United States. [1] [2] [3] The company was founded in 1969 and provides lawn care and tree and shrub care treatments on a subscription basis (except in New York where it is by contract basis). [4]
Hawthorne Gardening Company, formed in October 2014, [1] is The Scotts Miracle-Gro Company ' s subsidiary for cannabis growers and one of the first major investments by a major United States corporation in the cannabis industry. [2]