Business Services Industry
Stepan; chemicals, northfield.(Focus: Influential Families)(Company Profile)
Crain's Chicago Business, October, 2005
Byline: H. Lee Murphy F. Quinn Stepan, 67, chairman and CEO, Stepan Co. F. Quinn Stepan Jr., 44, president and chief operating officer (son) Paul H. Stepan, 61, director (brother of the senior Quinn ) Back story: The company makes the surfactants that are integral to the foaming action in detergents, lotions and toothpastes.
Alfred C. Stepan Jr., who distributed calcium chloride to control road dust on country roads in Illinois, founded the company in 1932, working from a rented desk at the North Pier Terminal in Chicago. The company's first plant, near Joliet, was started in 1954, and in 1959, the company made its first acquisition, buying Maywood Chemical Works in Maywood, N.J. Headquarters moved to Northfield in 1960 and Stepan's stock began...
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