Proud of our past... Secure in our future'
Click here to contact us via email at halloffame@plasticsacademy.org
Inductees...  

  Hall of Fame Search:

Herman Muehlstein - Hall of Fame Entry
  Author: Plastics Academy Staff
Added: 03/29/2004
Type: Summary
Viewed: 610 time(s)
[ Not Rated Yet ]

How would you rate this article:    Bad Good    

  
Herman Muehlstein - Hall of Fame Entry

 

Herman Muehlstein

Birthdate:
1902

Deceased:
1962

Induction:
1999 

Industry Areas:
Management


Herman Muehlestein, an entrepreneur and founder of H. Muehlstein & Co., Inc. in 1911 was a visionary who created the secondary market to the plastics industry.

This market which today handles billions of pounds of material, was first envisioned by Herman Muehlstein in the early 1940's. He originally serviced the rubber industry, recognizing a need to "reuse" rubber. He later worked with an alliance between the Rubber Exchange and the U.S. Government supplying rubber for the WWII war effort.

Subsequently, he turned his efforts to the plastics industry creating joint ventures with the Koppers Company, the Dow Chemical Company and the Foster Grant Co. His persistence pushed him into plastics because he knew, like rubber, plastics can be reused. In this aspect, Herman Muehlstein was a pioneer environmentalist, recognizing a need to "recycle" both plastics and rubber years before it was "correct" to do so.

Today Herman's company, H. Muehlstein & Co., Inc., is viewed as a global leader and its participation for over 87 years has spawned dozens of companies servicing the plastics industry.

Herman was also a collector or rare books, art and sculptures; he endowed the University of Akron with the Herman Muehlstein Rare Book Library, which the University of Akron, Ohio for his humanitarian efforts. He created a foundation for underprivileged youth -The Herman Muehlstein Foundation, Inc. (NY) He also created the Herman Muehlstein Scholarship Foundation at the University of Akron-the fund awards scholarships to New York area students wishing to attend the University. Mr. Norman Auburn is currently President of the foundation, which carries assets exceeding $1.5 million.

Mr. Muehlstein is survived by his nephew Herbert Muehlstein of Manhattan.


Article Pages:  1  


Support Material


There is no support material available for this article.

Related Articles

There are no related articles available for this article.

Related LinksForum Link

This article contains a link to a related forum thread.
Please click here to view the thread.

Related Books

There are no related books available for this article.




  Article Comments   Add Comment | View All (0)
    There are currently no comments for this article.

Bookmark Us!
   Add to Favorites
  Make Home Page
Our Newsletter



Subscribe
Unsubscribe

Recent Forum Posts
Cant connect to forum server