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1966 - Expansion

More expansion opportunities…

1966 Revenues exceed $1 billion for the first time. Paul Davies retires as president and Jim Hait becomes CEO. FMC acquires a 20 percent interest in Barcelona, Spain-based Foret, S.A. (basic inorganic chemicals, including peroxygen compounds, derivatives and silicates).

1967 FMC launches Furadan, a broad-spectrum insecticide-nematicide.

1968 Company operations are divided into four groups: Machinery, Chemical, Fiber and Film, and Ordnance. Jim Hait relinquishes his role as CEO to Jack Pope. FMC becomes a major supplier of synthetic glycerine, used in toothpaste, chewing gum, tobacco and cosmetics.

1970 Chemical Group establishes FMC's first Environmental Planning Department to identify potential environmental problems. FMC establishes corporate regional offices in Brussels, Moscow, Sao Paulo, Buenos Aires and Tokyo.