Although the company's earliest success was based on oxygen supply, its nitrogen applications increased in importance. The company also further invested in chemicals, making its entree into the electronics industry. By 1978, Air Products had become a Fortune 500 company on the strength of $1 billion in sales.
Business further expands in the '70s with the acquisition of the chemicals and plastics business of Airco, Inc. Over the next 40 years, the polymer emulsions business becomes the U.S. market leader, generating nearly $1 billion in revenues.View Larger Photo
Pictured: Product literature
Early Cryo-Quick food freezing units helped revolutionize the American restaurant industry, enabling centralized food processing to ensure consistency.View Larger Photo
Pictured: Freezing hamburger patties for McDonald's.
In 1975, Air Products is awarded a 12-year $287 million contract from NASA to supply liquid hydrogen to the United States' new space shuttle program.
By 1978, the company makes the Fortune 500 listing on the strength of $1 billion in sales.