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Carlisle Companies history
Carlisle Companies company history timeline
Founded in 1917, Carlisle Companies operates as a diversified manufacturing company.
1917 Carlisle Corporation is incorporated as a manufacturer of inner tubes.
The Carlisle Interconnect Technologies (CarlisleIT) story goes back to 1940 when Henry Dudley Minich founded what was then known as Tensolite.
In April of 1950 the Tensolite Insulated Wire Co., Inc. was founded by Henry Dudley Minich and his son, Charles Harrison Minich.
CarlisleIT entered the field of polytetrafluoroethylene (PTFE) insulation and, before the end of 1954, expanded operations made it necessary to acquire additional floor space, which doubled the size of the Tarrytown factory.
During this time, Carlisle was also very successful in the rubber roof market, which accounted for most of the company's earnings and brought in 43 percent of its profits for 1980.
1980 The company adopts a new strategy to focus on the replacement market and specialty parts.
Carlisle's strength in its market niches earned it a place among the Fortune 500 companies in 1985 with sales of $527 million.
The following year, a holding corporation, Carlisle Companies Inc., was incorporated to oversee operations at Carlisle and the other companies that were being added to the group, such as Data Electronics, purchased in 1986 for $33.4 million in cash and Hardcast, Inc., acquired the following year.
Carlisle Companies is Formed in 1986
In 1988, Carlisle bought Ivan software, a developer of utility software, while selling its International Wire Products Company.
In 1990, Carlisle became one of only 170 United States companies to form joint ventures with the Soviet Union.
As part of its plan to grow 15 to 20 percent yearly, in 1990 Carlisle purchased Brookpark Plastics Inc. of Lake City, Pennsylvania, and Off-Highway Braking Systems, a division of B.F. Goodrich Aerospace based in Bloomington, Indiana.
Carlisle already had plastic foodware production facilities in Oklahoma and Pennsylvania, and SiLite, with sales of $37 million in 1990, was a welcome addition.
In September, 1991, Carlisle purchased SiLite Corporation, a maker of reusable mugs, cups, and dishes for restaurants and cafeterias, with manufacturing facilities in California, Illinois, and Wisconsin.
Due to the effects of recession on the automobile and truck industries, Carlisle's profits fell substantially in 1991, due to a decline in sales of its plastic parts for interior and exterior trim, as well as brake components for the heavy trucking industry.
Carlisle Memory Products group, which manufactured and marketed cartridges for backing up main memory tapes of small and mid-sized computer systems, was sold to Verbatim Corporation in 1992.
In 1996, the company acquired five companies and secured record sales and earnings.
1999 Johnson Truck Bodies is acquired.
CarlisleIT developed the first arc track-resistant airframe wire and called it Tufflite 2000.
MiraDri, a waterproofing firm specializing in commercial and residential applications, was Carlisle's single acquisition during 2002.
Net income rose even higher in 2003, reaching $88.9 million.
Flo-Pac, a manufacturer of brooms, brushes, and cleaning tools, was purchased in 2003.
Zhejiang Kete and ArvinMeritor were purchased in 2005.
2005 The company sells Carlisle Engineered Products.
2006 Carlisle Process Systems is sold.
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Carlisle Companies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Carlisle FoodService Products | 1955 | $230.0M | 800 | - |
| LaFrance | 1946 | $650.0M | 1,827 | 3 |
| Worthington Industries | 1955 | $4.9B | 7,500 | 54 |
| Furukawa Rock Drill USA | - | $5.9M | 5 | - |
| Micro-Coax, Inc. | 1969 | $38.0M | 350 | - |
| Propex GeoSolutions | 1884 | $370.0M | 1,539 | - |
| Arkay Industries, Inc | 1986 | $180.0M | 600 | 2 |
| TYPAR | 1986 | $240.0M | 1,000 | - |
| USA Detergents | 1988 | $190.0M | 557 | - |
| Amsted Industries | 1902 | $3.8B | 16,000 | 26 |
Carlisle Companies history FAQs
Zippia gives an in-depth look into the details of Carlisle Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Carlisle Companies. The employee data is based on information from people who have self-reported their past or current employments at Carlisle Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Carlisle Companies. The data presented on this page does not represent the view of Carlisle Companies and its employees or that of Zippia.
Carlisle Companies may also be known as or be related to Carlisle Companies, Carlisle Companies Inc and Carlisle Companies Incorporated.