Established in 1964 by Sydney entrepreneurs Graham Steel and Brian Rich, Steric found its name by merging the initial three letters of their surnames. Shortly after, William (Bill) Brownie assumed control of Steel’s share, shaping the company’s early trajectory.
During its initial four years, Steric operated from modest leased factories in Sydney, starting in Kogarah and later moving to Carlton in the St. George area. The early years required dedicated efforts from Rich and Brownie to navigate the challenges of a fledgeling company. However, Steric quickly gained momentum.
From 1964 to 1974, William Brownie and Brian Rich transformed Steric into a prominent player in the Australian commercial food manufacturing scene. Following Rich’s retirement in 1974, Brownie assumed complete ownership of Steric.