Great American Business Leaders of the 20th Century
Theodore G. Montague
Borden
1937–1955
1937–1955
Borden
1937–1955
1937–1955
- Industry: Food & Tobacco
- Era: 1930
Montague transformed Borden from a struggling dairy products-centered business into a diversified multinational consumer goods provider. Looking for a way to lessen Borden’s reliance on government intervention, Montague pursued selective acquisitions and new product development introducing such items as prescription foods, animal and poultry feed supplements, and industrial adhesives. In the process, Montague increased sales from $237 million to over $810 million and more than tripled earnings from $6.3 million to $23 million.
Education / Military
- Military Service: Navy