The Goodyear Gossamer Company was founded in 1885 in Hudson, Massachusetts, by businessman and later United States congressman Lewis Dewart Apsley and his partner J. H. Coffin of Boston.

[3] Victory Plastics was recognized with an Army-Navy "E" Award for its contributions to the war effort.

[7] The company also added various plastic consumer goods such as thermal cocktail pitchers[8] and condiment sets[9] to their production line.

It is quite possibly the tallest structure in the town of Hudson, but is now shorter than its original 150-foot (46 m) height.

Sometime in 2017 the smokestack was damaged – or perhaps intentionally lowered for safety reasons – such that it now reads "IRESTONE."