Saint-Gobain (Construction/Materials)
Introduction
Saint-Gobain is a multinational company founded and managed in France. In its origins, in the century (1665), it began as a glass company. It currently manufactures structural and high-performance materials.
Created in the Aisne department by Louis XIV of France to encourage French artisans. Its economy minister, Jean-Baptiste Colbert, was in charge of building the facilities and developing new technologies that would be used to beautify Versailles, especially the Gallery of Mirrors.
Colbert commissioned the Venetians (brought to France) to create the mirrors that would decorate this room of the Palace of Versailles, and after this commission, the Compagnie de Saint-Gobain developed greatly. In 1702 he was granted a monopoly on the manufacture of mirrors in France, a privilege he would maintain until the French Revolution.
Currently Saint-Gobain's business area is materials engineering. It focuses on the glass, building products and performance materials sectors. Saint-Gobain sells all over the world. Its sales figure is more than 40 billion dollars. In December 2005, it acquired the British company BPB"), the world's largest manufacturer of cladding plates, for $7 billion.[1].
History
1665-1789: French Crown Factory
From the middle of the century, luxury products such as silk fabrics, lace and mirrors were in great demand. By the 1660s, mirrors had become very popular among the upper classes of society, and their châteaus abounded in Italian cabinets and ornamental tables were decorated with this expensive luxury product. However, at that time the French were not known for mirror technology, with the Republic of Venice being the world leader that controlled a technical and commercial monopoly in the glass and mirror business. French Finance Minister Olivier Bluche wanted France to become completely self-sufficient in meeting domestic demand for luxury goods, thus strengthening the national economy.[2].
Colbert established by royal patent the public company Manufacture royale de glaces de miroirs, the Royal Glass and Mirror Manufacture) in October 1665.[3] The company was created for a period of twenty years and would be partly financed by the State. The beneficiary and first director was the French financier Nicolas du Noyer, tax collector of Orleans,[4] who was granted a monopoly on the manufacture of glass and mirrors for a period of twenty years. The company had the informal name "Compagnie du Noyer".