Founded in Acushnet, Massachusetts by Philip E. "Skipper" Young in 1910, the Acushnet Process Company focused on deracinating latex and supplying rubber to industry, and over time began to make their own rubber-based products including water bottles and bathing caps. Eventually, Acushnet Process became a manufacturer of golf equipment, principally, golf balls.
In 1932 the company sectioned into two divisions: Rubber and Golf, both of which became quite successful. The Rubber division was sold in 1985.
In 1935, the Golf division produced the golf ball, which has consistently been the company's most successful product.
In 1976, the company was purchased by American Brands (now known as Fortune Brands).
In 1985, Fortune sold off the Acushnet Company's Acushnet Rubber division, which was Acushnet's original business (circa early 1900’s).
On December 8, 2010, Fortune Brands announced its intent to sell or spin off Acushnet and some other businesses.