Asbury Graphite Inc Of Ca

Before the 1990s came to a close, Asbury completed another significant acquisition, paying $23.5 million for the U.S. graphite and lubricants division of Dixon Ticonderoga Co., a company that specialized in the production of writing instruments, art supplies, and office products. As a result, Asbury added specialty lubricants to its product mix. Over the next two years, Asbury integrated the Dixon assets, closing down the two plants it inherited and transferring operations to the other Asbury operations. Even as it was shuttering old factories, Asbury was taking steps to preserve the heritage of its first facility, the water-powered flour mill that Harry M. Riddle originally rented to launch his graphite business. Asbury deeded it, along with 3.5 acres of property and two other buildings, to the Musconetcong Watershed Association, which was devoted to preserving the heritage of the 42-mile Musconetcong River and committed to raising money to restore the mill. In the process, the organization would preserve the heritage of the area's most famous company...more

http://www.asbury.com/Locations/...

1646 N. Green Avenue
Detroit, MI   48209
Phone: (313)841-1615

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