Rand McNally

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Rand McNally
Private
IndustryConsumer Electronics, Commercial Transportation, Travel, Education
Founded1856 (1856) in Chicago, Illinois, United States
Founders William Rand
Andrew McNally
George Amos Poole
Headquarters,
United States
Key people
Stephen A. Fletcher
CEO
Products Maps, atlases, software
Owner Patriarch Partners
Website www.randmcnally.com

Rand McNally is an American technology and publishing company that provides mapping, software and hardware for the consumer electronics, commercial transportation and education markets. The company is headquartered in the Chicago, with a distribution center in Richmond, Kentucky.

Technology making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization

Technology is the collection of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Technology can be the knowledge of techniques, processes, and the like, or it can be embedded in machines to allow for operation without detailed knowledge of their workings. Systems applying technology by taking an input, changing it according to the system's use, and then producing an outcome are referred to as technology systems or technological systems.

Richmond, Kentucky City in Kentucky, United States

Richmond is a home rule-class city in and the county seat of Madison County, Kentucky, United States. It is named after Richmond, Virginia, and is the home of Eastern Kentucky University. The population was 33,533 in 2015. Richmond is the third-largest city in the Bluegrass region and the state's sixth-largest city. Richmond serves as the center for work and shopping for south-central Kentucky. Richmond is the principal city of the Richmond–Berea Micropolitan Statistical Area, which includes all of Madison and Rockcastle counties.

Contents

History

Early history

Title page of the 1879 Business Atlas 1879-Rand-McNally-Atlas.jpg
Title page of the 1879 Business Atlas

In 1856, William Rand opened a printing shop in Chicago and two years later hired a newly arrived Irish immigrant, Andrew McNally, to work in his shop. The shop did big business with the forerunner of the Chicago Tribune , and in 1859 Rand and McNally were hired to run the Tribune's entire printing operation. In 1868, the two men, along with Rand's nephew George Amos Poole, established Rand McNally & Co. and bought the Tribune's printing business. The company initially focused on printing tickets and timetables for Chicago's booming railroad industry, and the following year supplemented that business by publishing complete railroad guides. In 1870, the company expanded into printing business directories and an illustrated newspaper, the People's Weekly. According to company lore, during the Great Chicago Fire in 1871, Rand McNally quickly had two of the company's printing machines buried in a sandy beach of Lake Michigan, and the company was up and running again only a few days later.

William Henry Rand was born in Quincy, Massachusetts. As a young man, he was an apprentice at his brothers' print shop in Boston. He was enticed west in September 1849, by the California Gold Rush. He settled in Los Angeles and co-founded the state's first newspaper, the Los Angeles Star. In 1856, he returned to Boston for a short time before moving to Chicago and opening a print shop in June of that year. Two years later he hired an Irish immigrant, Andrew McNally, to work in his shop for $9 per week. The two formally established Rand, McNally & Co. in 1868 and became one of the biggest and best-known map publishers in history. Rand retired as president of Rand McNally in 1899 and returned to his boyhood home of East Milton, Massachusetts. He died in New Canaan, Connecticut at his daughter's home after being ill for some time.

Andrew McNally was born in Armagh, Northern Ireland, and immigrated to New York City in 1857. A printer by trade, he moved to Chicago in 1858 and got a job in a print shop owned by William Rand at a wage of $9 per week. Rand and McNally became business partners and incorporated Rand, McNally & Co. in 1868, becoming one of the largest and best-known map publishers in history. After Rand retired in 1899, McNally was president until his unexpected death from pneumonia in 1904 at his winter home in Altadena, California. For nearly 100 years the company was majority owned and headed by several generations of the McNally family. In 1997, the family divested its majority stake for a reported $500 million.

<i>Chicago Tribune</i> major daily newspaper based in Chicago, Illinois, United States

The Chicago Tribune is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper", it remains the most-read daily newspaper of the Chicago metropolitan area and the Great Lakes region. It is the eighth-largest newspaper in the United States by circulation.

The first Rand McNally map, created using a new cost-saving wax engraving method, appeared in the December 1872 edition of its Railroad Guide. Rand McNally became an incorporated business in 1873; with Rand as its president, McNally as vice president, and George Poole as treasurer. The Business Atlas, containing maps and data pertinent to business planning, was first published in 1876. The atlas is still updated today, now titled the Commercial Atlas & Marketing Guide. The Trade Book department was established in 1877, publishing such titles as The Locust Plague in the United States. Rand McNally began publishing educational maps in 1880 with its first line of maps, globes, and geography textbooks, soon followed by a world atlas. The company began publishing general literature in 1884 with its first title, The Secret of Success, and the Textbook department was established in 1894 with The Rand McNally Primary School Geography. Also in 1894, the company opened an office in New York City headed by Caleb S. Hammond, who later started his own map company, C. S. Hammond & Co..

Hammond Map or Hammond World Atlas Corporation is an American map company. It was formerly an operating subsidiary of the Langenscheidt Publishing Group, a major map publisher in the United States, but was sold to Universal Map, an affiliate of Kappa Publishing Group, in 2010. Langenscheidt retained the rights to Hammond Publishing products.

Rand McNally published its first road map, the New Automobile Road Map of New York City & Vicinity, in 1904. In 1910, the company acquired the line of Photo-Auto Guides from G.S. Chapin, which provided photographs of routes and intersections with directions. Andrew McNally II (son of Frederick McNally) personally took photos on his honeymoon for the Chicago-to-Milwaukee edition. The company continued to expand its book publishing business, with best-selling children's books such as The Real Mother Goose in 1916 and Kon-Tiki in 1950.

Road map map that primarily displays roads and transport links rather than natural geographical information

A road map or route map is a map that primarily displays roads and transport links rather than natural geographical information. It is a type of navigational map that commonly includes political boundaries and labels, making it also a type of political map. In addition to roads and boundaries, road maps often include points of interest, such as prominent businesses or buildings, tourism sites, parks and recreational facilities, hotels and restaurants, as well as airports and train stations. A road map may also document non-automotive transit routes, although often these are found only on transit maps.

Mother Goose Imaginary author

The figure of Mother Goose is the imaginary author of a collection of French fairy tales and later of English nursery rhymes. As a character, she appeared in a song, the first stanza of which often functions now as a nursery rhyme. This, however, was dependent on a Christmas pantomime, a successor to which is still performed in the United Kingdom.

A Rand McNally map appended to the 1914 edition of The New Student's Reference Work. LA2-NSRW-1-0148.jpg
A Rand McNally map appended to the 1914 edition of The New Student's Reference Work.

Rand McNally was the first major map publisher to embrace a system of numbered highways. One of its cartographers, John Brink, invented a system that was first published in 1917 on a map of Peoria, Illinois. In addition to creating maps with numbered roads, Rand McNally also erected many of the actual roadside highway signs. This system was subsequently adopted by state and federal highway authorities. The oil industry quickly developed an interest in road maps, enticing Americans to explore and consume more gasoline. In 1920, Rand McNally began publishing road maps for the Gulf Oil Company, to be freely distributed at its service stations. By 1930, Rand McNally had two major road map competitors, General Drafting and Gousha, the latter of which was founded by a former Rand McNally sales representative. The Rand McNally Auto Chum, later to become the ubiquitous Rand McNally Road Atlas, debuted in 1924. The first full-color edition was published in 1960 and in 1993, it became fully digitized.

Cartography The study and practice of making maps

Cartography is the study and practice of making maps. Combining science, aesthetics, and technique, cartography builds on the premise that reality can be modeled in ways that communicate spatial information effectively.

Peoria, Illinois City in Illinois, United States

Peoria is the county seat of Peoria County, Illinois, and the largest city on the Illinois River. Established in 1691 by the French explorer Henri de Tonti, Peoria is the oldest European settlement in Illinois, and is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois, with a population of 115,007. The Peoria Metropolitan Statistical Area had a population of 373,590 in 2011. Until 2018, Peoria was the global and national headquarters for Caterpillar Inc., one of the 30 companies composing the Dow Jones Industrial Average, and listed on the Fortune 100; in the latter year, the company relocated its headquarters to Deerfield, Illinois.

Gulf Oil former global oil company

Gulf Oil was a major global oil company from 1901 until March 15, 1985. The eighth-largest American manufacturing company in 1941 and the ninth-largest in 1979, Gulf Oil was one of the so-called Seven Sisters oil companies. Prior to its merger with Standard Oil of California, Gulf was one of the chief instruments of the Mellon family fortune; both Gulf and Mellon Financial had their headquarters in Pittsburgh.

Later history

The Goode's School Atlas, named for its first editor, Dr. J. Paul Goode, was published in 1923. It became a standard text for high school and college geography curricula. Later retitled Goode's World Atlas, it is now in its 22nd edition. The first Rand McNally Travel Store was opened in New York City in 1937. In the 1990s it became a chain with 29 locations, but by 2005 all were closed as a cost-saving measure.

Rand McNally moved its headquarters from Chicago to suburban Skokie, Illinois in 1952. The company opened its Versailles, Kentucky, book publishing plant in 1962 with 300,000 square feet (28,000 m2) and 23 employees. In 1994, the plant was the first to implement a new Kodak computer-to-plate printing system. [1] When the plant was sold in 1997, it was over 1,000,000 square feet (93,000 m2) and employed 1,255 people.

In 1961, because the company was not satisfied with the ability of existing map projections to create intuitive depictions of the entire world, it commissioned Dr. Arthur H. Robinson to develop what became known as the Robinson projection, which became very popular and was used extensively for constructing maps of the entire world. [2] Rand McNally began creating maps digitally in 1982.

In 1989, Rand McNally donated its extensive collection of maps to the Newberry Library. Now in possession of Gousha's archives as well, Rand McNally donated that map archive to the Newberry in late 2002. [3]

With a string of acquisitions and growth throughout the 1980s and 1990s, Rand McNally employed over 4,000 people in four business groups. [4] The company had been majority-owned by the McNally family since 1899, but by 1997 the family had decided to divest its interest.

In late September, 2018, Rand McNally moved its headquarters back to Chicago. After more than 60 years in suburban Skokie, Ill., the company returned to Chicago, setting up shop on West Bryn Mawr Avenue.

Ownership

Rand McNally's former corporate headquarters in Skokie, Illinois Rand McNally new building.jpg
Rand McNally's former corporate headquarters in Skokie, Illinois

Rand McNally has always been a privately held or "pink sheet" company, with stock held by very few parties and very thinly traded. [5] When Rand retired in 1899, he sold his shares in the company to McNally and the other company officers. The McNally family was the majority owner for nearly 100 years, from 1899 until 1997, at which time the family decided to divest its majority stake. The company was sold piecemeal; in January 1997, the company announced it was selling its Book Services Group, which employed 1,700 people in Versailles, Kentucky and Taunton, Massachusetts, to World Color Press for $155 million. [6] In February 1997, the DocuSystems Group, which printed airline tickets and luggage tags at its Nashville facility, was sold to Code Hennessy & Simmons, a Chicago-based private equity firm. [7] [8] In April 1997, the Media Services Group, which employed 350 people with offices in Nashville, Tennessee; Fremont, California; Shannon, Ireland; and the Asia-Pacific region, was sold to McQueen Ltd., a Scottish software company. [9]

The sole remaining group, publishing, represented the core mapmaking business of the company. In November 1997, the McNally family completed its divestiture by selling its majority ownership to AEA Investors for a reported $500 million. [10] Much of the purchase price was leveraged, meaning the company took on significant debt hedging on future earnings. AEA intended to capitalize on Rand McNally's brand recognition by bringing digital mapping to the masses and attracting public investors during the dot-com boom. However, the company fell behind the technology curve of upstarts such as MapQuest and fell further into debt. [11] AEA's stake in the company was acquired by Leonard Green & Partners through a prepackaged Chapter 11 restructuring deal on January 15, 2003. [10] In December 2007, Patriarch Partners, which had previously been a minority owner, bought shares owned by Leonard Green and other minority owners to become the sole owner of Rand McNally.

Facilities

Rand McNally's former corporate headquarters in Skokie. The building was sold to Ida Crown Jewish Academy. Rand McNally building.jpg
Rand McNally's former corporate headquarters in Skokie. The building was sold to Ida Crown Jewish Academy.

Rand McNally had been headquartered in Chicago since its inception. Its 1899 headquarters on West Adams Street was the world's first all-steel-framed skyscraper.

By the 1950s, its Chicago area workforce had grown to over 1,000 employees and larger facilities were needed. [12] In 1952, it opened a new 283,008 sq ft (26,292 m2) building in suburban Skokie, bringing corporate offices, printing, and distribution operations under one roof. Over the ensuing decades, however, printing and distribution operations relocated, eventually resulting in the underutilization of the aging Skokie building. It was sold in February 2008 to Ida Crown Jewish Academy for $11 million, [13] [14] and the approximately 200 current employees relocated in January 2009 to an office building near Skokie's Old Orchard Mall. [15] [16]

The Irvine, California, facilities from the acquisition of Thomas Bros. Maps in 1997 closed in 2010. [17]

Rand McNally sold its Canadian subsidiary, located in Markham, Ontario, on 30 June 2008 to the newly formed Canadian Cartographics Corporation. [18]

Presidents and CEOs

William Rand founded his print shop in 1856 and Rand, McNally & Co. was formally established in 1868. The company was incorporated in 1873 with Rand as the first president and McNally vice-president. When Rand retired in 1899, Andrew McNally assumed the role of president until his death in 1904. Andrew's son, Frederick McNally, became president upon his father's death, just as the age of the automobile was beginning. When Frederick McNally died in 1907, his sister's husband, Harry Beach Clow, became president. Andrew McNally II took over in 1933. He and his heirs, Andrew McNally III and IV, successively served as president until 1993.

  1. 1873–1899: William Rand
  2. 1899–1904: Andrew McNally
  3. 1904–1907: Frederick McNally (Andrew's son)
  4. 1907–1933: Harry Beach Clow (Andrew's son-in-law) [19]
  5. 1933–1948: Andrew McNally II (Andrew's grandson)
  6. 1948–1974: Andrew McNally III (Andrew's great-grandson)
  7. 1974–1993: Andrew McNally IV (Andrew's great-great-grandson)
  8. 1993–1997: John S. Bakalar (former Rand McNally CFO) [20]
  9. 1997–1999: Henry J. Feinberg (former head of Rand McNally Publishing Group) [21]
  10. 1999–2000: Richard J. Davis (former executive at RR Donnelley and GeoSystems, forerunners of MapQuest) [22]
  11. 2000–2001: Norman E. Wells, Jr. (former Rand McNally COO) [23]
  12. 2001–2003: Michael Hehir (former head of McGraw-Hill Ventures) [24]
  13. 2003–2008: Robert S. Apatoff (former head of Allstate marketing) [25] [26]
  14. 2008–2009: Andrzej Wrobel (Patriarch Partners IT Platform Managing Director) [16]
  15. 2009–Nov 2013: Dave Muscatel
  16. Dec 2013–Present: Stephen Fletcher

Acquisitions

Rand McNally has made many acquisitions over the years to consolidate the crowded map publishing industry or to extend its capabilities in new markets.

See also

Notes

  1. Wilken, Earl (1 December 1994). "Rand McNally adds Kodak CTP system". Graphic Arts Monthly .
  2. Wilford, John Noble (15 November 2004). "Arthur H. Robinson, 89, Geographer Who Reinterpreted World Map, Dies". The New York Times . Retrieved 18 June 2015.
  3. "Smith Center Publications: Mapline". Newberry Library.
  4. "Rand McNally & Company: Information". Answers.com. Archived from the original on December 20, 2008.
  5. Bauman, Larry (3 November 1996). "Obtaining unlisted stocks can be difficult, rewarding". Daily News . New York. Dow Jones News Service.
  6. "Quebecor World USA Inc – '10-K405' for 12/27/98 – EX-13". Fran Finnegan & Co. 26 March 1999.
  7. "Rand McNally divests Troy business". Dayton Business Journal . February 3, 1997.
  8. Ziemba, Stanley (8 January 1997). "Rand McNally to Sell Book Unit". Chicago Tribune .
  9. "Mcqueen Boosts Global Operation Through The Acquisition Of Rand McNally Media Services Group" (Press release). McQueen Ltd. 7 April 1997.
  10. 1 2 Friedman, Josh (January 15, 2003). "Leonard Green in Deal for Mapmaker". Los Angeles Times . Archived from the original on March 3, 2016. Retrieved June 18, 2015.
  11. Baeb, Eddie (July 30, 2001). "Debt-laden map concern charts sale; Rand McNally technology lags, turnover hurts". Crain's Chicago Business .
  12. "Rand McNally & Co". Encyclopedia of Chicago . Chicago Historical Society. 2005. Retrieved 18 June 2015.
  13. Schroedter, Andrew (9 January 2008). "Rand McNally HQ on the block as company acquired". Crain's Chicago Business. (Subscription required (help)).
  14. Schroedter, Andrew (27 February 2008). "Rand McNally in deal to sell Skokie HQ". Crain's Chicago Business.
  15. Schroedter, Andrew (25 June 2008). "Rand McNally moving but staying in Skokie". Crain's Chicago Business. Retrieved 18 November 2015. (Subscription required (help)).
  16. 1 2 "Rand McNally Announces Corporate Headquarters Relocation" (Press release). Business Wire. 26 January 2009.
  17. Milbourn, Mary Ann (16 September 2010). "Did an O.C. map company sneak out of town?". Orange County Register . Retrieved 18 June 2015.
  18. 1 2 3 "About". Canadian Cartographics Corporation. Retrieved 18 November 2015.
  19. Marquis, Albert Nelson, ed. (1911). The Book of Chicagoans: A Biographical Dictionary of Leading Living Men of the City of Chicago. A.N. Marquis. Retrieved 18 November 2015.
  20. "John S. Bakalar". Equilar. Retrieved 18 November 2015.
  21. "Executive Profile: Henry J. Feinberg". Bloomberg Business . Retrieved 18 November 2015.
  22. "Rand McNally Maps Out a Trip into a Digital Future". Pearson Education . Retrieved 18 November 2015.
  23. McCormick, Brian (6 January 2001). "Aluminum exec ready to test mettle as Rand McNally CEO". Crain's Chicago Business.
  24. McCormick, Brian (26 June 2001). "Another new CEO for Rand McNally". Crain's Chicago Business.
  25. Quigley, Kelly (18 June 2003). "New CEO to run Rand McNally". Crain's Chicago Business.
  26. "Robert S. Apatoff Named President of FTD® Subsidiary of United Online®" (Press release). Business Wire. 14 October 2008. Retrieved 18 November 2015.
  27. 1 2 3 "Our History". Rand McNally. Retrieved 18 November 2015.
  28. "Rand McNally Diversifies with Nicholstone Acquisition". PR Newswire. 31 July 1992. Retrieved 18 June 2015.
  29. MacCormack, John (19 April 1996). "Map firm's jobs hit the road". San Antonio Express-News .
  30. "Rand McNally to Acquire Thomas Bros. Maps". Directions Magazine (Press release). November 12, 1998. Archived from the original on May 24, 2006. Retrieved November 18, 2015.
  31. "Rand McNally Acquires King of the Road Map Service, Inc". Directions Magazine (Press release). May 4, 1999. Archived from the original on May 24, 2006. Retrieved November 18, 2015.

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