12 Facts About Continental Can

Continental Can Company was an American producer of metal containers and packaging company, that was based in Stamford, Connecticut.

Continental Can Company was founded by Edwin Norton T G Cranwell in 1904, three years after the formation of its greatest rival, American Can Company.

In 1928 Continental acquired the third-largest can company in the country, the United States Can Company.

Continental Can suffered a drop in its income during the Depression, although by 1932 the company had never reported a money-losing year.

Continental Can recovered from the Depression years, and by 1940 its operating revenue had increased to $120.

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Continental Can expanded during the following decade through acquisitions, and the company entered the fields of paper and fiber containers, bottle caps, and synthetic resins.

Continental Can then became the first company with a full line of containers in metal, paper, and glass.

Continental Can bought Robert Gair Company, a leading producer of paperboard products.

That same year Continental introduced the first commercially-practical welded can.

Continental Can closed many old-style integrated manufacturing plants in favor of large automated metal-processing centers and separate can-assembly operations situated near its customers' plants.

In 1987, the remnants of Continental Can became part of the United States Can Company and two of its executives left to form Silgan Holdings.

In early 1991, Continental Can Company was ordered to pay $415 million to some 3,700 former employees and members of the United Steel Workers of America, when the courts found that the company had attempted to defraud the employees of pensions during the late 1970s.