Albany, New York became the capital of New York in 1797 following formation of the United States. Albany is one of the oldest surviving settlements of the original British thirteen colonies, and is the longest continuously chartered city in the United States. During the late 18th century and throughout most of the 19th, Albany was a center of trade and transportation. The city lies toward the north end of the navigable Hudson River, was the original eastern terminus of the Erie Canal connecting to the Great Lakes, and was home to some of the earliest railroad systems in the world. In the 1920s,
Great Lakes Chemical Corporation oil and gas, instead focusing on the research and production of bromine-based chemicals. At about this time, the company assumed its current name (Great Lakes Chemical Corporation) and built the world's largest bromine plant in southern Arkansas. Great Lakes grew through the following decades, acquiring several smaller companies in its market and establishing its world headquarters in West Lafayette, Indiana. Among those acquired by Great Lakes was BioLab in 1996, a producer of pool and spa products. The ticker symbol for Great Lakes on the New York Stock Exchange was GLK. On May 22, 1998, Great Lakes spun off their