|
William Wallace Cargill
1844-1909 |
 |
Founder of Grain, Food Business with Worldwide
Operations |
When William Wallace Cargill started his
Minnesota grain buying business in 1864, he
couldn't have imagined the outcome. By the late
20th century, Minneapolis-based Cargill, Inc.,
had become a multi-billion dollar business. It
had developed into America's largest
privately-owned corporation with some 600 plants
and offices in 40 countries with more than
25,000 employees. ■
Though Will Cargill and his brothers weathered
the difficult early years in building Cargill,
Inc., it was the fortunate blend of Cargill and
MacMillan management that turned it into the
giant grain handling, food processing, and
distributing empire it is today. When Will
Cargill died in 1909, the net worth of the
business was $2 million. In 1960 it was more
than $11 billion. ■ Will Cargill was born
December 15, 1844, on Long Island, New York. He
was the third of seven children born to a
Scottish sea captain who emigrated to New York
in the late 1830s and finally settled in
Janesville, Wisconsin. At age 20, Will began
buying grain in Minnesota. His brothers joined
him, but Will was the shrewd, imaginative
leader. ■ Both the Cargills and the MacMillans
have their roots in Scotland. The MacMillans are
descended from Duncan MacMillan who emigrated to
Canada from Inverness in 1815. Three generations
of the MacMillans were successful businessmen.
John H. MacMillan, a great grandson of Duncan,
married Will Cargill's daughter Edna and entered
the business with his father-in-law in 1898. ■
For the next 80 years, the business prospered
from the blend of two astute and enterprising
families to become the nation's largest
agribusiness company. For 96 of Cargill's first
100 years the men at the helm were either
Cargills or MacMillans.
|
|
Wayne Rethford, President Emeritus
Illinois Saint Andrew Society
Scottish-American History Club
2800 Des Plaines Avenue
North Riverside, IL 60546
©2014 |
|
|