- Great American Business Leaders of the Twentieth Century
Thomas B. McCabe
Scott Paper Company
1927 - 1965
Wood, Paper & Forestry
| Military Service | Army |
|---|
b. 1893
| Education |  |
|---|---|
| Undergraduate | Swarthmore College |
| Personal | |
|---|---|
| Born-Died | 1893 - 1982 |
| Birthplace | Maryland (MD) |
| Race | White |
| Father | Executive, Low-/Mid-Level |
McCabe transformed Scott Paper from a sleepy 500 person paper mill company in Chester, Pennsylvania, into a multinational concern with over 60 manufacturing plants throughout the world employing over 40,000 people. By his retirement from the Board in 1980, Scott Paper had become a $2 billion operation. Recognized by President Harry Truman, McCabe was appointed to the Federal Reserve Board in 1948.