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Butler Service Group Inc company history timeline

1986

In 1986, in an effort to improve the company's performance, Butler's directors placed Robert West at the helm of the organization as chairperson and named Donald Pratt as president.

Management hoped to integrate Inryco's product line and facilities into its pre-engineered building operations, and the Inryco plant was relocated from Minnesota to Kentucky at considerable cost. For example, in mid-1986, Butler acquired Inryco, a manufacturer of exterior wall panels and accessories.

1994

Operating earnings rose to $33 million in 1994, buoying Butler's stock price.

1995

A subsidiary, Butler (Shanghai) Inc. was established in the People's Republic in 1995.

It had grown to 270 employees; the plant had doubled in size in 1995.

1996

In November 1996, Butler's shares migrated to the New York Stock Exchange under the symbol "BBR." The next month, the company announced the purchase of 90 percent of Beker Kft, a manufacturer of building systems based in Nyiregyhaza, Hungary.

1997

Butler bolstered its Vistawall Architectural Products division in 1997 with the acquisitions of Rebco West Inc., a California manufacturer of entrance doors and storefront windows, and Modu-Line Windows, Inc. of Wisconsin.

2002

2002: Butler sells its European business to Lindab AB.

2004

In February 2004, the Australian firm of BlueScope Steel Limited announced it was buying Butler for $204 million (A$260 million), including assumed debts of $60 million.

In 2004, Butler was opening its third factory in the People's Republic of China, in Guangdong.

2020

February 3, 2020 at 1:45 pm Hi Natalia, Thank you for your message – exciting about your thesis.

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Founded
1970
Company founded
Headquarters
Montvale, NJ
Company headquarter
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