Carlisle Companies Inc. (CSL) Dividend History

Carlisle Companies Incorporated is an American diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets to customers across worldwide including commercial roofing, energy, agriculture, lawn and garden, mining and construction equipment, aerospace and electronics, dining and food delivery, and healthcare. 1917: Carlisle Tire and Rubber Company, the precursor to Carlisle Companies Incorporated, began operations on September 12, 1917. Charles S. Moomy, founder of Carlisle, had been working for his father at the Keystone Rubber Company in Erie, Pennsylvania. By 1917, Moomy had saved enough money to buy $4,000 in machinery and had an agreement from Montgomery Ward & Company to buy bicycle inner tubes. Moomy found a partner in James T. Johnstone, a New York rubber broker, who invested $30,000. 1926: Carlisle Tire and Rubber Company pioneered the country's first commercially extruded and fully molded inner tube. Within a few years, other tire companies were following Carlisle's technical lead. 1928: Carlisle was producing 10,000 inner tubes per day and outpacing its competition. 1929: Carlisle Tire and Rubber Company reached a record high employment level of 388 workers.

Last update 12/11/2023