History
G. D. Crain, previously the city editor of the Louisville Herald newspaper, founded Crain Communications in Louisville, Kentucky in 1916, with only three staff members publishing two papers: Class (which later became Industrial Marketing, among other names and is now called BtoB) and Hospital Management (sold in 1952). The staff moved to Chicago later in 1916. Advertising Age was founded in 1930. The company changed its name to Crain Communications in 1969.
G D. Crain died in 1973 and was succeeded by his widow, Gertrude Crain, who chaired the company until 1996. Under her watch, the company grew to have 27 newspapers and magazines. Son Keith Crain replaced her as chairman in 1997. Following his father’s death, Rance Crain became president of Crain Communications in 1974.
Crain is now has about 30 business, trade and consumer publications and related Web sites in North America, Europe and Asia. The company currently has over 850 employees in 14 locations spanning the United States, Europe and Asia.
In 2001 the company relocated its corporate headquarters to the Brewery Park complex on Gratiot Avenue in downtown Detroit, as part of a move to consolidate its Detroit-based employees into one facility.
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