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Theodore G. Montague

Borden

1937 - 1955

Food & Tobacco

Military ServiceNavy
1930 b. 1898
male
Personal
Born-Died1898 - 1967
BirthplaceWisconsin (WI)
RaceWhite
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 Bordenís 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.