William Procter (7 December 1801 – 4 April 1884)[1] was an English-born American industrialist and candlemaker who was the co-founder of Procter & Gamble Company in 1837, along with James Gamble.
Early life
A native of England, William Procter was born on 7 December 1801 in Herefordshire and educated at Lucton School.[2] He entered into business in 1818 and was connected with the clothing industry in London in the late 1820s. His store was robbed and he was later mired in huge amount of debt.[2] In 1827, he became acquainted with William Hooper, who urged Procter to immigrate to America.[3] He arrived in the United States in 1830 and began to manufacture candles in New York City. He moved west with his first wife, Martha Peat Procter. She died during their westward journey in Cincinnati, Ohio, in 1832.[4]
Procter & Gamble
Planning only on staying for a short while before resuming his relocation plans, he decided to stay and spent the remainder of his life in Cincinnati. He started his business and, in 1833, married Olivia Norris, who was the daughter of a prominent candle maker in the city.[5] At his father-in-law Alexander Norris's suggestion, he joined forces in 1837 with his brother-in-law, James Gamble, to establish the company that bears their names. Both needed pig fat and Norris's proposal allowed them to procure large quantities from suppliers at a lower cost.[5] The company began to manufacture Ivory soap and profits grew to enormous proportions.
^ abReiman, Joey (2012). The Story of Purpose: The Path to Creating a Brighter Brand, a Greater Company, and a Lasting Legacy. Hoboken, NJ: John Wiley & Sons. pp. 8–9. ISBN978-1-118-44369-9.
^Greve, Charles Theodore (1904). Centennial History of Cincinnati and Representative Citizens, Vol. II. Chicago, Illinois: Biographical Publishing Company. p. 606.
^"GOODWINV.IVORY SOAP COMPANY AND PROCTER & GAMBLE COMPANY". Reports of Patent, Design and Trade Mark Cases. 18 (17): 389–392. 8 August 1901. doi:10.1093/rpc/18.17.389. ISSN0080-1364.
^ abMillett, Stephen M. (2011). Managing the Future: A Guide to Forecasting and Strategic Planning in the 21st Century. Triarchy Press. p. 200. ISBN978-1-909470-00-2.