Three inorganic firms fused into new company

Abstract

D. George Harris, one-time president of SCM Chemicals, is forming a new chemical holding company with nearly half a billion dollars in annual revenues from salt, soda ash, boron, and potassium sulfate. The new inorganic chemical firm, Harris Chemical Group, would rank as the 80th largest U.S. chemical producer, between Ferro and Stepan, were it included in C&EN's 1992 ranking of the Top 100 producers (C&EN, June 28, page 50). The three companies that will make up the firm are North American Salt, Great Salt Lake Minerals, and North American Chemical. Since 1988, Harris, 60, has headed a management buyout group, D. George Harris Associates, based in New York City. He explains, We are bringing these companies together as the Harris Chemical Group in order to establish it as one of the world's major inorganic chemical companies. Once formation of the firm is complete next month, it will have corporate headquarters in New York City ...