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Cone Drive history
Cone Drive company history timeline
1931 – Michigan Tool Company licenses Mr Cone’s manufacturing After news of the technology spread, Cone Drive Division built a plant in Detroit, Michigan and started production of double-enveloping worm gearing.
In 1950, Cone Drive’s Traverse City facility was established, which is still the company’s headquarters of today.
1959 – Ex-Cell- O acquires Michigan tool Ex-Cell- O Corporation acquired Michigan Tool Company of which Cone Drive was a division.
2008 – Clyde Blowers Capital buys gearing technology of Textron In November 2008, the old gear technology division of Textron (including Cone Drive, AB Benzlers, and David Brown Group) was bought by Clyde Blowers Capital, an independent industrial investment firm based in East Kilbride, Scotland.
2014 – Acquisition of H-fang In September 2014, Cone Drive announced the acquisition of China based precision slewing drive manufacturer Jiangyin Huafang New Energy Hi-Tech Equipment Co., Ltd (H-Fang).
2015 – European office established Cone Drive establishes an office in East Kilbride, Scotland, to expand global reach and provide European base for local markets.
2016 – Commercial launch of Harmonics Solutions Cone Drive announces launch of Harmonic Solutions products which offer the ultimate in gearing precision and represents a significant move into the robotics industry, cementing their status as a global leader in precision motion control technology.
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Cone Drive competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Winsmith | 1901 | $58.0M | 175 | - |
| Cleveland Gear | 1912 | $24.1M | 41 | 4 |
| Oberg Industries | 1948 | $220.0M | 750 | 9 |
| Butech Bliss | - | $58.0M | 250 | 12 |
| MaTech Solutions | 1988 | $3.5B | 8 | - |
| G S P Coatings | - | $108.7M | 200 | 16 |
| FUTEK Advanced Sensor Technology | 1988 | $30.0M | 50 | 5 |
| Humanetics Precision Metal Works | 1958 | $610,000 | 750 | - |
| Allied Engineering | 1958 | $500,000 | 3 | - |
Cone Drive history FAQs
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Cone Drive may also be known as or be related to Cone Drive, Cone Drive Operations Inc. and Cone Drive Operations, Inc.