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Johnson Products Co Inc

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June 15, 1993 | GEORGE WHITE, TIMES STAFF WRITER
Johnson Products Co., a hair care goods manufacturer that ranks among the nation's largest black-owned companies, said Monday that it has agreed to be acquired by pharmaceuticals producer Ivax Corp. in a transaction valued at between $61 million and $73 million. The buyout is considered a milestone in the entrepreneurial history of African-Americans because it involves one of the nation's most successful, high-profile black manufacturers.
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BUSINESS
June 15, 1993 | GEORGE WHITE, TIMES STAFF WRITER
Johnson Products Co., a hair care goods manufacturer that ranks among the nation's largest black-owned companies, said Monday that it has agreed to be acquired by pharmaceuticals producer Ivax Corp. in a transaction valued at between $61 million and $73 million. The buyout is considered a milestone in the entrepreneurial history of African-Americans because it involves one of the nation's most successful, high-profile black manufacturers.
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BUSINESS
October 4, 1989 | From Associated Press
George E. and Joan B. Johnson started one of the nation's largest black-owned companies together with $250 in 1954, but the family ties that bound the company and the couple have come undone. Johnson signed the company chairmanship and the bulk of its shares over to her this week in their divorce settlement. Johnson Products Co. makes hair care and cosmetic products under such brand names as Gentle-Treatment, Ultra Sheen and Classy Curl.
NEWS
June 3, 1986 | United Press International
The federal government announced Monday that it has filed a complaint to force Johnson & Johnson to recall 1.6 million crib toys that have been blamed in the deaths of two infants, and it warned parents to remove the toys from cribs immediately.
BUSINESS
October 4, 1989 | From Associated Press
George E. and Joan B. Johnson started one of the nation's largest black-owned companies together with $250 in 1954, but the family ties that bound the company and the couple have come undone. Johnson signed the company chairmanship and the bulk of its shares over to her this week in their divorce settlement. Johnson Products Co. makes hair care and cosmetic products under such brand names as Gentle-Treatment, Ultra Sheen and Classy Curl.
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