In 1886, 33-year-old André Michelin abandoned his career as a successful Parisian engineer to take over his grandfather's failing agricultural goods and farm equipment business. Established in 1832,"Michelin et Cie" suffered from neglect and was on the verge of insolvency following the founder's death. Michelin's grandfather had started the company that sold farm equipment and an odd assortment of vulcanized rubber products, such as belts, valves and pipes.