Editing Hobart, New York (section)

===20th century===
Along with its surrounding region, Hobart saw a decline in business and population during the second half of the 20th century. In 1965, the E.T. Van Buren business burned down and never recovered, and slowly a large number of small businesses closed down as revenues declined and owners retired.<ref>Meagley (2014) p. 347</ref> 

Dean M. Graham established a pharmaceutical company in the village in 1966, and over the next few decades it grew into a successful business, providing employment for local residents and summer jobs for area students interested in the sciences. After "Doc" Graham sold the company in 1996, the company's factory was significantly expanded and is currently owned by [[Mallinckrodt]].<ref>Meagley (2014) pp. 349-351</ref>