Hercules, Inc., was a chemical and munitions manufacturing company based in Wilmington, Delaware, which was formed as the Hercules Powder Company. Hercules Powder Company was formed in 1882 by DuPont and Laflin & Rand Powder Company to finance construction of a dynamite plant on land adjacent to San Francisco Bay owned by DuPont subsidiary California Powder Works. Hercules Powder Company was founded by T. W. Bacchus in 1912 as a gunpowder company and sold for $10 million in 1914. Hercules was spun off from DuPont as a result of U.S. federal government actions in the field of antitrusts. Hercules, Inc., operated under this name until 2008, when it was merged into Ashland Inc.
Ashland Inc. acquired Hercules Inc on November 13, 2008.
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