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Bodycote USA Inc history
Bodycote USA Inc company history timeline
The company moved into North America, acquiring Industry Metal Technology Inc. in 1992.
1992: International expansion begins with Industry Metal Technology Inc. in the United States.
The archaeologists’ dig site was established in 1993, 100 km South East of Ankara, not far from the town center of Kaman.
Information about the discovery, and experimental trials, was documented in Nature magazine in 1996.
In 1996 the company bought Hinterliter Heat Treating, adding six new plants in the United States and Canada.
1996: The company acquires Hinterliter Heat Treating in the United States.
1997: The company sells off the last of its former industrial textiles operations; the company acquires Brukens Thermotreat in Denmark and HIT, based in France.
Back at home, Bodycote boosted its U.K. position with the purchase of Thermal Processing Group in 1998.
In 1999, the company acquired Metal Treating and Progressing Heat Treatment, in the United States, then Sweden's Dala Plating Gruppen.
In 2001 the company stepped up its presence in Germany with the purchase of that country's Nussbaum Metal Technology.
2001: The company acquires Lindberg, based in the United States, for $102 million.
The first plant opened in 2002.
The United Kingdom accounts for just 14 percent of overall group sales, which topped £448 million ($716 million) in 2003; North America represents 40 percent of sales, while the rest of Europe generates more than 45 percent of group sales.
2003: The company begins cost-cutting measures in response to a slump in the metals market.
Much later, in 2005, the ironware was analysed by Hideo Akanuma and found to contain steel fragments that are now seen as the earliest known evidence of steel manufacture. more »
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