The story of Air Products and Chemicals, Inc., is exciting--full
of struggle, determination, crisis, and heroic endeavor. Air
Products grew out of the vision and drive of one individual,
Leonard Pool. In the course of fifty years, Pool's precarious
project has become a major, multinational corporation. Words like
entrepreneurship, sales, finance, engineering, and technology are
central to the history of Air Products. So too are concepts like
being a late entrant to an established business, struggling to find
market niches, moving into fields of endeavor, developing human
resources, and breaking through to the level where economies of
scale and scope would allow a secure future as a major player on a
global scale. The story is one of success; plain luck at some
points. But it also contains its share of hard knocks,
disappointments, and mistaken strategies.
The enduring style of Air Products--its customer-focus and its
emphasis on sales and growth--emerged from the interactions of
Leonard Pool's personality, the engineering skills of his
colleagues, and the opportunities offered by the industrial gas
supplier in the world. It is also a major chemical company and a
pioneer in the emerging field of environmental and energy systems.
Multinational, technology-based firms like Air Products are an
important part of American society and of the emerging global
economy. The history of Air Products will be of value to everyone
interested in the industrial gas and chemical industries, business
history, entrepreneurial history, and American studies.
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