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All Components, Inc. history
All Components, Inc. company history timeline
Sales were $7 million in 1992.
Zummo had in 1993 bought Valentec International Corp. from Insilco Corp., a Big Board-listed United States defense contractor based in Meriden, Connecticut, that had acquired Valentec eight years earlier.
Safety Components International, Inc. (SCI) was formed on January 12, 1994, as a wholly owned subsidiary of Valentec International Corporation, a contractor for the defense, aerospace, and automotive industries.
For an 11-month fiscal year ended March 31, 1994, they were up to $22.4 million.
The company completed an initial public offering on the NASDAQ (ticker: ABAG) in May 1994.
Sales reached $51.8 million in 1995, with net income of $2.1 million.
A research and development center was set up there in 1995.
A joint venture was established in China in 1995 but was ended after four years.
Building its low cost manufacturing capacity, in April 1996 the company began work on a 100,000-square-foot office and manufacturing facility in the Czech Republic.
In 1996 the company established its own direct sales force.
Valentec Systems, picked up in the 1997 purchase of Valentec International, had been SCI's only non-automotive unit.
SCI's common stock was delisted from the NASDAQ in February 2000.
In November 2001, Safety Components, through its U.K. subsidiary Automotive Safety Components International Limited, acquired Woodville Airbag Engineering from Smiths Group plc subsidiary TISPP UK Limited in November 2001.
Galion, Inc., an Ohio-based defense business, was sold to an affiliate of The Diversified Group Incorporated in December 2002 for $454,000.
Name Change: October, 2003 Reason for name change – Laser Components GmbH wanted a USA based division that they owned 100%, so they took away the name.
In 2009, the Pflugerville Community Development Corp. paid Avant Technology up to $700,000 in incentives to move from Austin to Pflugerville.
Facilities: May 2013, EOC moved into a company owned office from leased space.
For the seventh consecutive year, Plastic Components, Inc. has been named as one of Plastics News’ Best Places to Work 2020
For the eighth consecutive year, Plastic Components, Inc. has been named as one of Plastics News’ Best Places to Work 2021
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All Components, Inc. may also be known as or be related to All Components Inc and All Components, Inc.