A Polaroid Timeline 1932–1977
1932

Land-Wheelwright Laboratories
Edwin Land and George Wheelwright form Land-Wheelwright Laboratories, a research and manufacturing enterprise that develops synthetic polarizers.
1937
The Polaroid Corporation
The Polaroid Corporation is incorporated. Clarence Kennedy becomes a consultant.
Polaroid net sales: $141,959. Net profit: $8,677.
1940
Harvard Business School
Harvard Business School faculty begin working with Polaroid on research projects and case studies.
1941
Military Contracts
Polaroid Enters into contracts with the U.S. Military.
1945

Morse begins work at Polaroid
Morse graduates from Smith College in art history and is hired by Polaroid.
Polaroid net sales: $16,752,465. Net profit: $449,424.
1947

Demonstration of instant photography
Land demonstrates instant photography for the American Optical Society on February 21.
Polaroid net sales: $1,503,608. Net loss: $954,410.
1948
Instant photography is commercially introduced
Polaroid launches Land Camera, Model 95, and Land Polaroid Film, Type 40, at the Jordan Marsh department store in Boston on Black Friday, November 26, 1948.
Morse becomes laboratory supervisor for photographic materials.
1949

Ansel Adams
Ansel Adams begins consultancy at Polaroid. Morse serves as company liaison to Adams and other consultant photographers.
1950
Polaroid orthochromatic film
Polaroid introduces black-and-white Polaroid orthochromatic film, Type 41.
1952
Model 110 Land Camera
Model 110 Land Camera is introduced for professional use.
Polaroid net sales: $13,393,259. Net profit: $597,210.
1953

Waltham, Massachusetts
Polaroid begins construction of manufacturing plant on Route 128 in Waltham, Massachusetts.
Polaroid net sales: $26,033,656. Net profit: $1,414,021.
1955
Morse becomes manager of black-and-white photographic research
1959
Faster films
Polaroid introduces films with increased speeds, releasing Type 47 film (ASA 3,000) in 1959.
1960

Photographic products account for 97 percent of Polaroid’s total income
Polaroid net sales: $99,446,057. Net profit: $8,812,687.
1961
Type 55 P/N film
Polaroid introduces Type 55 P/N film, which yields reusable negatives, and high-contrast Type 146L black-and-white transparency film.
1963
First transistorized electronic shutter
Color Pack Land Camera, the Automatic 100, includes the first transistorized electronic shutter. Polaroid makes the Fortune 500 list of largest American corporations by revenue.
1965

Polaroid Model 20 Land Camera
The Swinger, the Polaroid Model 20 Land Camera, is commercially launched.
1966
Morse becomes director of special photographic research
1967
Polaroid begins construction of plants in Norwood, Waltham, and New Bedford, Massachusetts
1968

Smith College Medal
Morse receives the Smith College Medal, the school’s outstanding graduate award.
1969
Fellow of the Society of Photographic Scientists and Engineers
Morse is the first woman elected Fellow of the Society of Photographic Scientists and Engineers.
Polaroid net sales: $465,609,000. Net profit: $63,121,000.
1973

Clarence Kennedy Gallery
Polaroid opens the Clarence Kennedy Gallery featuring the Polaroid Collection of work by artists using instant photography.
1977
Over 15 billion Polaroid prints produced since 1948