John W. Daniels | |
Birth Date: | February 23, 1857 |
Birth Place: | Piqua, Ohio, U.S. |
Death Date: | June 8, 1931 (aged 74) |
Death Place: | St. Paul, Minnesota, U.S. |
Known For: | co-founder of Archer Daniels Midland |
Occupation: | Businessman |
Children: | 1 son |
John W. Daniels (February 23, 1857 - June 8, 1931) was an American businessman. He was the co-founder and chairman of Archer Daniels Midland.
John W. Daniels was born on February 23, 1857, in Piqua, Ohio.[1] [2]
Daniels first worked for a linseed company in Piqua.[1] He joined American Linseed Co. in Buffalo, New York, and later became the manager of a linseed factory in Cleveland, Ohio.[1]
Daniels founded Daniels Linseed Co. in Minneapolis, Minnesota in 1902.[1] With George A. Archer, Daniels co-founded Archer-Daniels in 1904.[3] After a full year of operation, the company reported a $72,000 profit.[4] When they purchased Midland Linseed Products Co. in 1912, it became known as Archer Daniels Midland. Daniels was its chairman.[2]
Daniels had a wife, Amelia Leonard,[5] and a son, Thomas L. Daniels.[1] They resided at Kenwood Parkway in St. Paul, Minnesota as well as in White Bear Lake, Minnesota.[1] Daniels had an affinity for art and collected art works.[1]
Daniels died on June 8, 1931, in St. Paul, Minnesota, at the age of 74.[1] [2] His funeral was held in Piqua, Ohio.[2]