Commercial Solvents Corporation
The Commercial Solvents Corporation was established at the end of World War I; earning distinction as the pioneer producer of acetone and butanol by fermentation processes developed and patented by Dr. Chaim Weizmann. Terre Haute, Indiana was chosen to be the site of CSC's research as this location made possible the expedient translation of new processes from the laboratory and demonstration plant into full production.
As early as 1917, the corporation began work in Terre Haute, Indiana; specifically the conversion of corn and other grains into ethanol by fermentation. They later produced riboflavin by microbial action.
One of the lesser lights of Maynard Wheeler's administration was to become hornswoggled by the famous Billy Sol Estes, a swindler. See: Billie Sol Estes. Billie Sol Estes was an American businessman and financier best known for his involvement in a business fraud scandal that complicated his ties to friend and future U.S. President Lyndon Johnson.
- Theodore P. Walker 1938 to 1947.
- William Davis Ticknor, Sr. ? to 1938, was president and chairman of the board.
- There may have been one or more Presidents between Ticknor and Wheeler.
- Maynard C Wheeler About 1953. My stepfather, Howard B Durbin, was Secretary of the company and his support of Wheeler was highly thought of by Wheeler.[better source needed] for the story on Estes. The involvement with Commercial Solvents would bring an antitrust suit Wheeler would never be able to set foot in Texas again.
- "Vigo County Public Library - Archives & Local History". Retrieved 18 February 2017.
- Fred C. Kelly (1936). One Thing Leads to Another: The Growth of an Industry, Houghton Mifflin
- "Commercial Solvents Corporation". Harvard University. Retrieved 2011-10-24.
Commercial Solvents Corporation (CSC) was created in 1919. The corporation had started in Terre Haute as early as 1917 to convert Midwest grain surpluses into solvents by fermentation and also later to produce riboflavin and other nutrients by microbial action.
- "New CSC Directors". Chemical Industries. 1938. Retrieved 2011-10-24.
Mr. Walker, who was elevated to the presidency of Commercial Solvents upon the death of Mr. Ticknor, has been with the corporation since 1922. He was elected a vice-president in 1924 and has been executive vice-president since 1928. ...
- "Solvents Has New Head". Plain Dealer. December 1, 1947. p. 13. Retrieved 18 February 2017.
Directors of Commercial Solvents Corp. announced Maj. Theodore P. Walker, president, has been elected chairman and Henry E. Perry, executive vice-president, has been named president in succession.
- "William Ticknor, Industrialist, 57. President of the Commercial Solvents Corporation Is Dead in Englewood. Held Many Directorates. Once Partner in New Jersey Banking Firm. Son Was a Harvard Football Star". New York Times. March 25, 1938. Retrieved 2011-10-24.
William Davis Ticknor, president and chairman of the-board of directors of the Commercial Solvents Corporation, with offices at 230 Park Avenue in New York, died today of a heart ailment at his home, 53 Beech Road. He was 57 years old.
- Attested to by me, William B Elmer on April 12, 2017.
- Billie Sol Estes