May/June 2002 Issue

Company Profile: Olin Corp.

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Founded in 1892 in Illinois, the Equitable Powder Company supplied blasting powder tomidwestern coal mines. The company soon expanded into small arms and ammunition and was renamed the Western Cartridge Company in 1898. In 1931, Western purchased the Winchester Repeating Arms Co. In 1944, Winchester-Western merged with the Mathieson Chemical Corporation, a manufacturer of fertilizers, pesticides and pharmaceuticals, to form Olin Industries.

COMPANY NAME:
COMPANY HEADQUARTERS: 501 Merritt 7, P.O. Box 4500, Norwalk, CT 06856
COMPANY WEB SITE: www.olin.com
2001 GROSS REVENUES: $1.27B
NUMBER OF EXMPLOYEES: 5,900
TYPES OF BUSINESS: Manufacturing of copper alloys, ammunition, chemicals and aerospace materials.
TYPES OF FEDERAL CONTRACTS: Production of metal used in US coins and development and production of ammunition and reloading components.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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