Rowland Hazard III - Business Interests

Business Interests

Although he briefly served in the Rhode Island state senate (1914–1916), Rowland Hazard III was primarily a businessman throughout his career. He was active in the Hazard family's primary enterprise, the Peace Dale Manufacturing Company, until its sale to M.T. Stevens and Sons in 1918. He was also involved in the Solvay Process Company and the Semet-Solvay Company. (For further information on the Hazard family's involvement with the Solvay companies, see article on Solvay, New York.) Rowland III was instrumental in completing his father's ambition to play a leading role in the formation of the Allied Chemical and Dye Corporation (later AlliedSignal, then Honeywell following a 1999 merger with that company). From 1921 until 1927 he was affiliated with Lee, Higginson and Company, a New York banking firm. He organized La Luz Clay Products Company near his ranch in La Luz, New Mexico. Later in his career, he became an executive vice president of the Bristol Manufacturing Company, a maker of precision instruments based in Waterbury, Connecticut. He was a director with several companies in addition to Allied Chemical and Dye, including the Rhode Island Hospital Trust Company, the Interlake Iron Company, and Merchant's Bank of Providence, Rhode Island.