Over
one hundred years ago, when Louisville flourished as the largest
hogshead tobacco market in the world, Hail & Cotton began
as a partnership between Mr. E.A. Hail of Adairville, Kentucky
and Mr. M.R. Cotton of Madisonville, Kentucky.
Mr. Hail
was widely known and respected as a knowledgeable "tobacco
expert" and was regarded by representatives of the industry
as one of the best judges of tobacco in the United States.
Mr. Cotton brought to the partnership his financial and marketing
expertise. He structured the company's buying and sales efforts
to the export market and, to this date, exports account for
a significant part of the firm's total volume.
Late in 1923, the partners elected to incorporate with Mr.
Hail serving as President of the corporation until his death
in 1928. At that time, Mr. Cotton assumed the Presidency.
The first Hail & Cotton, Inc. direct packing operation
was established in 1924 at Clarksville, Tennessee. Under skilled
leadership and abetted by the tireless efforts of its employees,
the company survived the crucial 1929-1933 period with uninterrupted
service to its customers.
As sales
increased, a second factory was built in 1932 in Springfield,
Tennessee. These operations handled primarily Dark Fired and
Dark Air Cured tobaccos. Hail & Cotton was also a factor
in the Burley export trade; packing operations were carried
out through independent re-drying companies that were prevalent
at that time.
In 1937,
Mr. Cotton retired from active participation in Hail &
Cotton, and remained Chairman of the Board until his death
in 1943. During his long tenure, relationships of dedication
and loyalty among all members of the firm were nurtured and
cemented, forming the basis of the solid conservative corporation
that exists today. Building on that trust, Hail & Cotton
expanded its operations to the Flue-Cured area in 1945. Careful
attention to customer requests rapidly established the company
as a reliable supplier throughout our traditional European
trading area.
As industry requirements and marketing techniques changed during
the 1960's, Hail & Cotton recognized these trends and adapted
company policies and facilities to maintain our competitive capabilities.
During this time, sales efforts in the Far East were initiated to
provide better balance to our Flue-Cured operation. During the next
several years, the company expanded European and North African sales
coverage.
In 1967,
Hail & Cotton purchased the Fields Tobacco Co. facilities
in Rocky Mount, North Carolina. This addition provided the
company the threshing capability to service domestic strip
orders and provided better processing supervision and additional
market coverage to benefit our regular export trade. These
capabilities in North Carolina were further upgraded later
with the joint-venture purchase of the China American dealer
operation and the Eastern Processors packing facility.
In 1974,
a new processing/storage complex was built in Springfield,
Tennessee, and all Hail & Cotton operations in Tennessee
were consolidated there. This facility provides the most complete
range of processing capabilities of any plant in the Dark
Fired/Dark Air Cured area, as we pack in bundle, loose leaves
and strip form in accordance with our customers’ requirements.
In 1990,
Hail & Cotton sold the facilities in North Carolina and
moved its threshing business to Springfield, Tennessee. The
move provided a concentrated base of operations to promote
future growth. In 1992, with the acquisition of an additional
factory, a complete expansion and upgrade of that processing
facility was undertaken to meet our customers' ever-changing
needs and demands. Today, while a few large dealers represent
a major portion of the tobacco marketplace, Hail & Cotton
stands out as an independent alternative to such concentrations
of customers' tobacco processing volumes.
We are
pleased that Hail & Cotton has demonstrated its flexibility
by meeting these challenges and maintaining our competitive
position, and we continue to modernize our facilities to meet
the quality and processing specifications our customers require.
Our one unchanging policy will always be our traditional principle
of top quality workmanship and fair treatment for all customer
accounts.
We would like to thank our customers throughout the world for the
opportunity to serve them for over 100 years. We treasure these
excellent relationships and assure to each our full dedication in
the future.
Hail & Cotton, Inc.
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