
American entrepreneur, L.N. Pearson licenses the patented TORGINOL® technology from Germany under the name Torginol of America, Inc, pioneering the development and marketing of seamless resinous flooring in the United States.

TORGINOL® is growing rapidly and is quickly recognized as an industry leader of the resinous flooring market, the brand becoming synonymous with seamless flooring. The company goes public under the name Torginol Industries Inc, (NYSE: TGIN).

Torginol Industries, Inc. is experiencing financial troubles and is forced to declare bankruptcy and divest its assets, Including the TORGINOL® trademark.

Peterson Chemical Corporation, a Sheboygan, Wisconsin based coating manufacturer, purchases the rights to the TORGINOL® trademark along with the technology for manufacturing resinous flooring systems and vinyl colored chips, or TORGA-CHIPSTM.

Darald Bell, an entrepreneur from Sheboygan, Wisconsin, purchases Peterson Chemical Corporation. The company operates as a family business for the next 30 years, manufacturing seamless flooring systems under the tradename TORGINOL® and manufacturing epoxy resin paints for military applications.