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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 as a major supplier of gunpowder.
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The company's first product, the Model A, was introduced at the 1919 International Salon at the Commodore Hotel in New York City (an event for the wealthy by invitation only, along with the finest manufacturers and coach builders). The Model G was introduced in 1928, with a 5.3 liter side-valve straight eight engine of 125 hp (93 kW).
Edward D. Breen (born c. 1956) [1] is an American business executive. He is the executive chairman of DuPont. [2] Prior to this, he was the chair of the board and CEO of DuPont, a role he started on November 9, 2015. [1] He is also a director of Comcast. [3] Prior to his role at DuPont, Breen was the chairman and CEO of Tyco International. [4]
The company plans to spin off its electronics and water businesses into their own yet-to-be-named companies in a transaction that is tax-free to shareholders. DuPont said it expects to complete ...
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He also saw the rise of the dynamite industry and helped form the Eastern Dynamite Company in 1895. 1912, the Eastern Dynamite Company formally merged with DuPont. [1] After du Pont's death, the company was brought under control by three of his nephews, Alfred I. du Pont, T. Coleman du Pont and Pierre S. du Pont. [1]
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]