AE Staley
| AE Staley | |
|---|---|
| legal form | Corporation |
| founding | 1898 |
| resolution | 2000 |
| Reason for dissolution | Takeover by Tate & Lyle |
| Seat | Decatur , United States |
| Branch | Starch production |
AE Staley , based in Decatur , Illinois , was a grain and oilseed processing company into a variety of products for use in food , beverage , industrial, and feed products. It is now part of the British company Tate & Lyle LLC.
Augustus Eugene Staley (1867-1940) founded a sales company for cornstarch in Baltimore in 1898 . In 1909 he bought a factory in Decatur in order to start producing starch himself and started production in March 1912.
Staley was a supporter of the idea of professional football and was a co-founder in 1920 of the American Professional Football Association, later the National Football League (NFL), in which his Decatur Staleys also participated. The players were semi-professionals who worked in his factory. Today's Chicago Bears emerged from the Decatur Staleys .
In 1988 Tate & Lyle acquired 90% of the shares in AE Staley. In 2000 the remaining 10% was taken over.
Individual evidence
- ↑ https://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=54930254
- ↑ History on www.tateandlyle.com , accessed on 10 October 2015