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William Harrison Binnie
William Harrison "Bill" Binnie is an American industrialist, investment banker, and philanthropist, who is currently president of the Carlisle Capital Corporation, president of the media company New Hampshire 1 Network and owner of Carlisle One Media. He is the former chairman of the Finance Committee for the New Hampshire Republican State Committee, and a former candidate for the Republican nomination for the U. S. Senate in 2010. He served as chairman of Carlisle Plastics, Inc. until that firm was sold to Tyco International in September 1996.
Binnie was born in Scotland and immigrated to the United States at the age of five. He attended Harvard University on a scholarship. As a student, he was a research fellow for the Accounting Review, a journal on finance and accounting. Upon graduation, he attended Harvard Business School, where he served as president of the Management Consulting Club. After graduation, he took a position as a consultant at McKinsey & Co.
Fresh out of graduation from Harvard, Binnie began to make a name for himself by buying and selling companies in collaboration with a wealthy investor for whom he had been doing financial research.
Binnie acquired the assets of Polytech, a Minneapolis, Minnesota–based manufacturer of household and commercial plastics, including food storage bags and wraps, trash bags, and plastic sheeting. Polytech made the "Ruffies" brand trash bag which actor/comedian Jonathan Winters helped to make famous. Binnie also acquired American Western, a Sioux Falls, South Dakota–based private label manufacturer of similar products, along with four other plastics manufacturers that included a line of coat hangers. He consolidated the six companies into Carlisle Plastics, Inc., building a large corporation, employing thousands of workers. He was chairman of the board from 1985 onwards and chief executive officer and President from 1985 to 1994. By 1996, he owned 62.5% of Carlisle's Class B shares making him the majority owner.
By the early 1990s, he was one of the youngest CEOs in New York Stock Exchange history and was featured in Forbes Magazine as a "whirlwind of a manager." Carlisle Plastics was voted one of Walmart's "Vendors of the Year".[citation needed] During his tenure, the firm opened facilities in the United States, Europe, Latin America and Asia.
In September 1996, he sold his controlling interest to Tyco International.
Binnie is currently the president of Carlisle Capital Corporation, a New Hampshire investment and venture capital company. "Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 5 to 9," according to the tracking site Manta.com in 2009.
He currently owns the Wentworth By The Sea Country Club in Rye, once part of the Wentworth by the Sea Hotel in New Castle.
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William Harrison Binnie
William Harrison "Bill" Binnie is an American industrialist, investment banker, and philanthropist, who is currently president of the Carlisle Capital Corporation, president of the media company New Hampshire 1 Network and owner of Carlisle One Media. He is the former chairman of the Finance Committee for the New Hampshire Republican State Committee, and a former candidate for the Republican nomination for the U. S. Senate in 2010. He served as chairman of Carlisle Plastics, Inc. until that firm was sold to Tyco International in September 1996.
Binnie was born in Scotland and immigrated to the United States at the age of five. He attended Harvard University on a scholarship. As a student, he was a research fellow for the Accounting Review, a journal on finance and accounting. Upon graduation, he attended Harvard Business School, where he served as president of the Management Consulting Club. After graduation, he took a position as a consultant at McKinsey & Co.
Fresh out of graduation from Harvard, Binnie began to make a name for himself by buying and selling companies in collaboration with a wealthy investor for whom he had been doing financial research.
Binnie acquired the assets of Polytech, a Minneapolis, Minnesota–based manufacturer of household and commercial plastics, including food storage bags and wraps, trash bags, and plastic sheeting. Polytech made the "Ruffies" brand trash bag which actor/comedian Jonathan Winters helped to make famous. Binnie also acquired American Western, a Sioux Falls, South Dakota–based private label manufacturer of similar products, along with four other plastics manufacturers that included a line of coat hangers. He consolidated the six companies into Carlisle Plastics, Inc., building a large corporation, employing thousands of workers. He was chairman of the board from 1985 onwards and chief executive officer and President from 1985 to 1994. By 1996, he owned 62.5% of Carlisle's Class B shares making him the majority owner.
By the early 1990s, he was one of the youngest CEOs in New York Stock Exchange history and was featured in Forbes Magazine as a "whirlwind of a manager." Carlisle Plastics was voted one of Walmart's "Vendors of the Year".[citation needed] During his tenure, the firm opened facilities in the United States, Europe, Latin America and Asia.
In September 1996, he sold his controlling interest to Tyco International.
Binnie is currently the president of Carlisle Capital Corporation, a New Hampshire investment and venture capital company. "Current estimates show this company has an annual revenue of $2.5 to 5 million and employs a staff of approximately 5 to 9," according to the tracking site Manta.com in 2009.
He currently owns the Wentworth By The Sea Country Club in Rye, once part of the Wentworth by the Sea Hotel in New Castle.