Our History

OUR FOUNDER: G.D. CRAIN JR.

Gustavus Dedman (G.D.) 遙ぺ整氈窒 Jr. was a man of great drive and enthusiasm. Speaking of his first business venture, as a young boy selling newspapers in Louisville, Kentucky, he says, I started my business career with a capital of five cents and returned home a couple of hours later with a 100% increase in capital. He never looked back.

As a young business paper correspondent, G.D.泭遙ぺ整氈窒 learned that there was no substitute for personal contact with the people I was writing about. He later extended this lesson to advertisers and their audiences, becoming one of the first to stress the importance of market research.

In February 1916, at the age of 30, Mr. 遙ぺ整氈窒泭started his first publication,泭Hospital Management, with just $10,000 and one employee. He started his second publication,泭Class, a month later to reach business-to-business marketing professionals. Mr. 遙ぺ整氈窒泭would continue to grow the 遙ぺ整氈窒 Publishing Co. through the Great Depression, World War II and many other turbulent times泭with an innovative approach to business-to-business publications and an entrepreneurial spirit that stayed with him until his passing in 1973.

Mr. 遙ぺ整氈窒s publishing philosophy was simple: Find an area where there was a real information need, then put the reader first from the first day. A century泭after his first publication, the company that bears his name continues to grow by staying true to the tenets upon which Crain Communications was founded.

GERTRUDE CRAIN: KEEPER OF THE FLAME再ND SO MUCH MORE.

Gertrude Ramsay 遙ぺ整氈窒 viewed herself as the keeper of the flame after she succeeded her husband, G.D. 遙ぺ整氈窒 Jr., as chairman of Crain Communications.泭But she was so much more. Gertrude 遙ぺ整氈窒 led the company, founded by Mr. 遙ぺ整氈窒 100 years ago, during some of its most exciting and productive years.

During her tenure, 遙ぺ整氈窒 bought泭Modern Healthcare泭硃紳餃泭Rubber & Plastics News, started such publications as泭遙ぺ整氈窒s Chicago Business泭(and similar papers in Detroit, Cleveland and New York) and泭Investment News, and expanded internationally.泭遙ぺ整氈窒s revenue during that period increased tenfold, and the companys titles went from a handful to over two dozen.

Above all, Gertrude 遙ぺ整氈窒 was the one who made the 遙ぺ整氈窒 family company a real family. She laughed with 遙ぺ整氈窒 employees, she cried with them, and she celebrated the milestones of their lives with them.泭When Gertrude 遙ぺ整氈窒 passed away in 1996 at the age of 85,泭Advertising Age泭said her smile warmed hearts, lit up rooms, lifted spirits.

CRAIN TIMELINE

  • 1880s 1910s

    Photo: First issue of泭Hospital Management, 遙ぺ整氈窒’s first publication, Feb. 1916

    November 18, 1885泭Gustavus Dedman 遙ぺ整氈窒 Jr. (G.D. 遙ぺ整氈窒 Jr.) is born in north簫 central Kentucky. As a young boy, 遙ぺ整氈窒 begins his career as a newspaper delivery boy. As he gets older, he works as a correspondent at the Louisville Herald and the Courier-Journal, as well as the Western Underwriter. In 1970, during an interview for the 40th anniversary of Advertising Age, 遙ぺ整氈窒 admitted, “I always wanted to be a publisher.”

    1916 At age 30, G.D. 遙ぺ整氈窒 focuses his attention on starting his own publishing company in Louisville, Ky. Hospital Management debuts in February, and 遙ぺ整氈窒’s Business Publishing Company is born. Class debuts in March as the company’s second magazine. Within both publications, 遙ぺ整氈窒 stresses the importance of effective advertising and market research. The company’s staff consisted only of a secretary, and Mr. 遙ぺ整氈窒 himself, making him solely in charge of the editorial and advertising departments.

    Later that year, 遙ぺ整氈窒 moves his company to Chicago.

  • 1920s – 1950s

    First issue of Advertising Age – 1930

    1920s G.D. 遙ぺ整氈窒 and his friend and colleague Keith J. Evans establish the National Industrial Advertisers Association (NIAA), now The Association of Industrial Advertisers.

    1921 The spinoff of Class, 遙ぺ整氈窒’s Market Data Book and Directory of Class, Trade and Technical Publications,泭is published and begins the tradition of 遙ぺ整氈窒 publishing directories.

    1930 G.D. 遙ぺ整氈窒 launches泭Advertising Age in Chicago less than two months after “Black Tuesday”.

    1950s 遙ぺ整氈窒 moves his publications company to泭 200 E. Illinois Street and opens offices in New York and Washington, D.C. With both of their sons now in school, Gertrude 遙ぺ整氈窒 begins to have a larger role in the company.

  • 1960s

    1964 G.D. 遙ぺ整氈窒 assumes the position of company chairman, while Sid Bernstein is named president and publisher of Advertising Age.

    October 1967 Business Insurance debuts as an idea 遙ぺ整氈窒 has wanted to produce for almost 50 years. Alfred Malecki becomes the magazine’s first advertising director and publisher, a position he held from 1970 till 1991. Unlike most publications of its kind, Business Insurance is aimed at informing the buyer of business insurance instead of the seller. Rance 遙ぺ整氈窒 becomes the first editor of the magazine.

    Late 1968 遙ぺ整氈窒 makes the purchase of Chicago-based American Trade Magazines, which includes American Drycleaner and American Laundry Digest. Later, American Coin-Op and American Clean Car泭are added. This is the company ‘s first purchase of magazines.

    1969 New technology is introduced with the first computer purchased and installed within 遙ぺ整氈窒 for use in the circulation department, where key-punched cards are fed into the computer to output address labels.

    July 1969 The company’s name changes from Advertising Publications Inc. to Crain Communications Inc to reflect the company’s growing diversity.

     

  • 1970s

    1973 Pensions & Investments launches its first issue.

    December 1973 G.D. 遙ぺ整氈窒 Jr. passes away at the age of 88.

    1974泭Gertrude 遙ぺ整氈窒 named chairperson.

    1975 G.D. 遙ぺ整氈窒 is inducted into the Advertising Hall of Fame.

    1976 McGraw-Hill sells Modern Healthcare to Crain Communications Inc, and Charles Lauer is hired as its publisher and advertising director.

    1976 Automotive News hosts its first World Congress.

    1977 Crain Communications Inc purchases AutoWeek as a companion to Automotive News. It soon becomes 遙ぺ整氈窒’s largest circulation publication, a distinction that holds true for the company today.

     

  • 1980s

    January 1980泭泭 The 50th anniversary issue of Advertising Age runs.

    March 1980 遙ぺ整氈窒’s Cleveland Business debuts.

    April 1983 Tire Business launches as an extension of Rubber & Plastics News, headquartered in Akron, Ohio, with Ernie Zielasko as the magazine’s editor and publisher.

    1984 Urethanes Technology launches as a news source for the international polyurethane industry. It is based in the company’s London office.

    January 1984 Crain Communications Inc’s newly owned Monthly Detroit hits newsstands. In 1988, 遙ぺ整氈窒 buys and folds Metropolitan Detroit, the magazine’s major competitor. Monthly Detroit is changed to Detroit Monthly in 1986 with the slogan, “Now we’re literally putting Detroit first.”

    January 1985 遙ぺ整氈窒’s New York Business arrives off the presses. Following the tradition he had begun with 遙ぺ整氈窒’s Chicago Business, Rance 遙ぺ整氈窒 passes out free first issues of the magazine during Midtown Manhattan rush hour.

    February 1985 遙ぺ整氈窒’s Detroit Business launches, with Keith 遙ぺ整氈窒 as publisher and Peter Brown as editor.

    September 1986 The magazine Creativity is introduced as a monthly addition to泭Advertising Age.

    December 1987 Thirty-nine泭radio stations across the country, including WMAQ-AM Chicago and WXYT-AM Detroit, began running “遙ぺ整氈窒’s Business Report,” a weekly half簫-hour radio program composed泭of reports from 遙ぺ整氈窒 publications.

    March 1989 Plastics News launches from Akron, Ohio, as a magazine dedicated to covering the global plastics industry.

  • 1990s

    January 1990 Pensions & Investment Age returns to its old name, Pensions & Investments.

    1992 Gertrude 遙ぺ整氈窒 becomes the first woman to be inducted into the Junior Achievement of Chicago Business Hall of Fame.

    July 1992 Crain Communications Inc purchases RCR (Radio Communications Report), a news source focused on the growing wireless industry.

    May 29, 1993 After 71 years at Crain Communications Inc, Sidney Bernstein dies.

    1995 Crain Communications Inc’s first publication website is launched with adage.com.

    泭May 1995 Waste News is launched as Crain Communications Inc’s 26th publication.

    February 1996 The new London-based Automotive News Europe is launched.

    July 1996 Gertrude 遙ぺ整氈窒 passes away.

    1997Keith 遙ぺ整氈窒 named chairman.

    1998 Crain Communications Inc purchases its 30th publication, Automotive International, which is later folded into Automotive News.

    January 1998 lnvestmentNews begins as a national newspaper for financial advisers.

    February 1998 Crain Communications Inc launches its corporate website, www.crain.com.

    March 1998 Gertrude 遙ぺ整氈窒 is inducted into the Advertising Hall of Fame. Her sons, Rance and Keith 遙ぺ整氈窒, accepted the award on her behalf.

    May 1998 After serving as vice president/group publisher since 1989, Gloria Scoby is named senior vice president/group publisher.

    August 1999 The New York office moves to 711 Third Avenue in midtown after nearly 20 years in the Daily News Building on 42nd Street.

     

  • 2000s

    March 2000 Business Marketing, 遙ぺ整氈窒’s oldest magazine,changes its design and name to BtoB.

    June 2000 遙ぺ整氈窒 泭begins taking electronic ad files on a centralized server via the company’s production new media department.

    September 2000 Two 遙ぺ整氈窒 publications change their designs and names. RCA changes to RCA Wireless News, and Advertising Age International becomes AdAge Global.

    January 2001 遙ぺ整氈窒 acquires its泭first non-English language periodicals El Asesor de Mexico and El Asesor de Monterrey,increasing the company’s regional business publications to six titles.

    September 2001 遙ぺ整氈窒 launches its first German automotive publication, Automobilwoche, becoming the company’s third non-English language periodical.

    March 2002 遙ぺ整氈窒’s New York Business releases the company ‘s first digital edition, provided to select subscribers in PDF format.

    July 2002 遙ぺ整氈窒 泭adds the human resource periodical Workforce to its泭list of publications. A year later the name is changed to Workforce Management.

    November 2004 遙ぺ整氈窒 泭acquires American Demographics magazine, publishing it as a feature within Advertising Age and adage.com.

    March泭2007KC 遙ぺ整氈窒 named Publisher of Autoweek.

    April泭2008Keith 遙ぺ整氈窒 inducted into Michigan Journalism Hall of Fame.

    May泭2008泭KC 遙ぺ整氈窒 named VP of Crain Communications.

    November泭2008泭遙ぺ整氈窒 acquires Staffing Industry Analysts, Inc., provider of research, data and analysis covering the contingent workforce.

    November泭2008泭Automotive News Today launches, a 3-minute online newscast.

    2009泭Waste News changes its name to Waste & Recycling News

  • 2010 – 2019

    June 2010遙ぺ整氈窒 closes 遙ぺ整氈窒s Manchester Business.

    June 2010泭KC 遙ぺ整氈窒 named VP/Group Publisher.

    2010泭Rance 遙ぺ整氈窒 inducted into Direct Marketing Association Hall of Fame.

    2013Rance 遙ぺ整氈窒 inducted into Advertising Hall of Fame.

    June2013泭Chris 遙ぺ整氈窒 named EVP, Director of Strategic Operations.

    June2013泭Chris Battaglia named Group Publisher.

    October2013泭BtoB merges with Advertising Age.

    October 2013 David Klein named Senior Vice President and Group Publisher

    July 2014泭Keith 遙ぺ整氈窒 inducted into Automotive Hall of Fame.

    November 2015遙ぺ整氈窒 launches daily digital business newsletters in nine new markets including Boston, Dallas, Houston, Atlanta, Los Angeles, Silicon Valley, San Francisco, Washington, D.C. and Philadelphia.

    February 2016 遙ぺ整氈窒 celebrates its 100th anniversary, launches redesigned website,泭crain.com.

    July泭2017泭Rance 遙ぺ整氈窒 retires after 57 years with the company. KC 遙ぺ整氈窒 named President and COO. Chris 遙ぺ整氈窒 named Senior Executive Vice President.

    October 2017 Advertising Age rebrands to Ad Age.

    August 2018泭遙ぺ整氈窒 sells InvestmentNews to Bonhill Financial Services.

    September 2019 遙ぺ整氈窒 acquires digital brand GenomeWeb.

    October 2019 遙ぺ整氈窒 sells Autoweek to Hearst Autos, a division of Hearst Magazines.

  • 2020-Present

    January 2020 遙ぺ整氈窒 launches Sustainable Plastics as part of the Global Polymer Group.

    November 2020 KC 遙ぺ整氈窒 named Chief Executive Officer.

    September 2021 遙ぺ整氈窒 acquires cannabis financial news brand Green Market Report.

    October 2021 Modern Healthcare launches Digital Health Business & Technology, a digital media brand that covers the latest news, data and insights on all aspects of digital healthcare technologies.

    October 2021 Chrissy Taylor joins Automotive News as Vice President of Editorial Operations.

    January 2022 遙ぺ整氈窒 acquires Kneed Media, parent company of The Journal of Precision Medicine and Precision Medicine Leaders Summit.

    February 2022 遙ぺ整氈窒 invests in Front Office Sports, KC 遙ぺ整氈窒 joins FOS Board of Directors.

    March 2022 Chicago office moves to One Two Pru.

    April 2022 Jennifer Ablan joins Pensions & Investments as Editor-in-Chief, Chief Content Officer.

    June 2022 Dan Peres promoted to President of Ad Age.泭

    July 2022 Crain Currency, a new brand focused on building and maintaining generational wealth, is launched.泭

    July 2022 Chris Taylor joins 遙ぺ整氈窒 as Vice President, General Manager of Global Polymer Group.

    August 2022 Green Market Report grows editorial and business teams.泭

    August 2022 遙ぺ整氈窒 acquires Grand Rapids Business Journal.

    December 2022 遙ぺ整氈窒 acquires MiBiz and outlines new Grand Rapids strategy.

    December 2022 Nikki Pirrello promoted to President and Publisher of Pensions & Investments.

    January 2023 Dan Peres named Publisher of Modern Healthcare.

    April 2023 遙ぺ整氈窒s Grand Rapids Business debuts in West Michigan. Read more here.泭

    September 2023 遙ぺ整氈窒 partners with Michigan State University on Ignite the Future. Read more here.泭

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