W.F. Young, Inc.
W.F. Young, Inc. is a privately held American corporation that has sold specialized animal care products for more than five generations.[2] These brands and products are sold online, in farm, feed, and tack shops, and pet retailers.
| Privately held | |
| Industry | Health care products Animal care products |
| Founded | 1892[1] |
| Founder | Wilbur Fenelon Young; current CEO, Tyler Young; President, Adam Raczkowski |
| Headquarters | East Longmeadow, Massachusetts, United States |
| Products | Liniment Veterinary liniment Horse grooming supplies Horse fly-control Stable supplies |
| Website | WFYoung.com |
The corporation was founded in 1892 by Wilbur Fenelon Young and Mary Ida Young and has been family owned and run by the Young family since 1892. Its headquarters are in East Longmeadow, Massachusetts.
Founder's History
Wilbur Fenelon Young was born on November 18, 1863 in Wallingford, Connecticut to Charles and Julia Tyler (Hine). On June 24, 1887 Wilbur married his first wife, Sadie Wilcox, who died in 1891. A year later, on November 16, 1892, he married Mary Ida Stephenson Young. Mary Ida was born on June 29, 1865 in Stonington, Maryland. Her parents were Thomas Bronson and Amelia F. (Stone) Stephenson. Mary Ida was a descendant of Thomas Stone, the first Protestant governor of Maryland and a signer of the Declaration of Independence. Together Wilbur and Mary Ida had two children, Wilbur II and Sally.
Company history
W.F. Young, Inc. is an American company founded by Wilbur F. and Mary Ida Young in 1892 in Meriden, Connecticut. Wilbur delivered cargo with a team of workhorses while Mary Ida cared for the horses and home.[3] In 1892, "blistering"[4] was a common practice done to heal horse muscles, tendons, and joints faster when they were strained. The purpose was allow more blood to enter the area to heal the skin as it was believed that the injured joint would benefit from the extra blood flow. Wilbur and Mary Ida disapproved of this harsh method of treatment. Mary Ida was a herbalist, and formulated a liniment of menthol, wormwood oil, and herbs in her kitchen tub as an alternative to blistering, which she named Absorbine Veterinary Liniment.[5]
The couple then founded W.F. Young, P.D.F. to market and sell the liniment. As neighboring farmers and drivers tried the liniment on their own horses, it grew in popularity. In 1893, W.F. Young, P.D.F. moved to Springfield, Massachusetts.[6]
A few years later, Wilbur was inspired by his son to create a version of the liniment for humans, and Absorbine Jr. was introduced in 1903.[7] Today, Absorbine Jr. products can be found in grocery, retailer supercenters, and drug stores. It is reported that the development of Absorbine Jr. was partially inspired by stories of local farmers using the Veterinary Liniment on themselves after a hard day's work.
After Wilbur Fenelon Young's death in 1918, Wilbur F. Young II took over the business at 20 years old. The following year, in 1919, W.F. Young, P.D.F. was incorporated to become W.F. Young, Inc. as it is known today.[6] W.F. Young Inc. moved to Lyman Street in Springfield, Massachusetts in 1923.
When Wilbur II died in 1928, Mary Ida took over the business from her son. She ran the business until 1957, when her daughter, Sadie Stephenson (Sally) Young, and grandson Wilbur F. Young III were each promoted to president. Mary Ida Stephenson Young died on October 31, 1960 at age 95. Following Sally Young's death in 1977, Wilbur III became the sole president. He was president for 10 years until his death in 1987. At that time, Wilbur III's son, Tyler Young, became President and CEO.
W.F. Young, Inc. acquired the Equine America company and products on November 1, 2007.[8] Equine America products include supplements, grooming aids, and muscle & joint relief.
On October 15, 2008 the board of directors at W.F. Young, Inc. appointed Adam D. Raczkowski as President of the company, with Tyler F. Young retaining his current role of CEO.[9]
In 2012, W.F. Young, Inc. underwent a strategic reorganization of the business to focus exclusively on animal care. They continued to grow their equine care product lines and expanded their offerings into the livestock[10] and companion pet[11] categories. With this change, W.F. Young divested itself of its human healthcare division. In 2013, DSE Healthcare took on the Absorbine Jr. brand.
In 2013, the Equine America line of products was discontinued in the United States in an effort to focus on the growth of the Absorbine line. This led to the decision to move key Equine America brand products into the Absorbine family of products. B-L and Fungasol are now sold under the Absorbine name. The remaining Equine America products are available outside of the U.S. only.
In 2015, Tyler F. Young was promoted to Executive Chairman of the Board, with Adam D. Raczkowski taking over as CEO. Chris Jacobi, who had been serving as the general manager of the equine division, was appointed as President.[12]
The company also expanded its pet care division in 2015, acquiring Pure Ocean Botanicals,[13] makers of Pet Kelp products, and The Missing Link supplement line.[14]
Product lines currently sold include items to improve the health and well-being of animals in the equine, pet, and livestock categories, including the original Absorbine Veterinary Liniment. The company continues to be owned and managed by fourth and fifth generations of the Young family.[15]
Management
General Managers
Henry Caswell - 1919-1956
J. Kenneth Alexander - 1956-1983
Presidents
Wilbur Fenelon Young - 1892-1918
Wilbur F. Young II - 1918-1928
Mary Ida Young - 1928-1957
Sally Young - 1957-1977
Wilbur F. Young III - 1977-1987
Tyler F. Young - 1987-2008
Adam D. Raczkowski - 2008–Present
Brands
Absorbine products have been around for more than a century. Many of the original products, including the original Absorbine Liniment, are still available. Currently, W.F. Young, Inc.'s core products and brands are focused on equine, livestock, and pet care. The product set includes grooming, fly control, flea and tick control, muscle & hoof care, leather cleaner and conditioner, and joint supplements. Absorbine is W.F. Young, Inc.'s largest product line and the following brands and products fall under the Absorbine name:
- ShowSheen®
- UltraShield®
- Hooflex®
- Flys-X®
- Miracle Groom®
- Bigeloil®
- RefreshMint®
- Horseman’s One Step®
- Santa Fe™ Coat Conditioner & Sunscreen
- Bug Block®
- Flex+Max®
- ProCMC®
The original Absorbine Veterinary Liniment is still produced in the USA.
References
- "The Horse | Absorbine Liniment Company W.F. Young Celebrating 115 Years". TheHorse.com. 2007-07-30. Retrieved 2012-11-19.
- "W.F. Young, Inc. Private Company Information – Business Week". Investing.businessweek.com. Retrieved 2012-11-19.
- "W.F. Young Heritage-Horse Sense". UMASS Amherst.
- "Ask the Expert-Equine Management". Esc.rutgers.edu. 2012-09-14. Retrieved 2012-11-19.
- "Our Story". Wfyoung.com. Retrieved 2012-11-19.
- "W.F. Young, Inc. Celebrates 115 Years as an Industry". Wfyoung.com. Retrieved 2012-11-19.
- "Absobrbine Jr. History". Absorbinejr.com. Retrieved 2012-11-19.
- "W.F. Young Inc. Buys SC Firm". Masslive.com. Retrieved 2012-11-19.
- "Raczkwoski named President of W.F. Young, Inc" (PDF). Tackntogs.com. Retrieved 2012-11-19.
- "Flys-X® Insect Control for Multi-Species Use". W.F. Young. July 23, 2013.
- "W. F. Young, Inc. Appoints Director of New Pet Care Division". W.F. Young. June 25, 2013.
- "W. F. Young, Inc. / Absorbine® Announces Strategic Management Promotions - W.F. Young". 2015-07-30. Retrieved 2016-08-16.
- "W.F. Young, Inc. Acquires Pure Ocean Botanicals, LLC - W.F. Young". 2015-11-04. Retrieved 2016-08-16.
- "W. F. Young, Inc. / Absorbine® Acquires The Missing Link® Supplements - W.F. Young". 2015-11-30. Retrieved 2016-08-16.
- "Our Story". Wfyoung.com. Retrieved 2012-11-19.