CTOs on the Move

Giles Chemical

www.gileschemical.com

 
John Giles came to the North Carolina mountains in 1950 to mine the region`s olivine deposits for magnesium. But it didn`t take the Michigan transplant long to learn that drawing magnesium from olivine was too expensive to be commercially viable in the post-World War II economy. In a move that would come to define the company`s character, John Giles developed a new plan. He bought magnesium oxide from seawater extraction plants in Florida, converted it to magnesium sulfate and sold it to the tanneries that ringed his new hometown. Soon the company was thriving. As more industry moved to the South, ...
  • Number of Employees: 25-100
  • Annual Revenue: $10-50 Million

Executives

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