BUSINESSWAFB BATON ROUGE
George E. Johnson of Johnson Products Company dies at 99, reports say
George E. Johnson, founder of Johnson Products Company, died at 99 in Chicago. He established the company in 1954 with his wife using a $250 loan, creating hair care products for Black consumers and achieving 80% market dominance by 1960. The company became the first Black-owned business listed on the American Stock Exchange in 1971.
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