Spear Company History Timeline

1814

In 1814, with the firm now run by Alexander Spear's nephew John Spear, an apprentice named Sam Jackson was added.

1830

Jackson proved a capable assistant, and in 1830 the company was renamed Spear Jackson.

1889

Neill had been founded in 1889 by accountant James Neill, who like John Love had decided to change careers and become a steelmaker.

1924

Neill continued to make improvements in his designs, and in 1924 the firm introduced a hacksaw frame design, the 20T, which was later adopted as the standard shape for this type of tool.

1934

After the cessation of hostilities the company continued to make magnets under the Eclipse name, and in 1934 its engineers developed a new mechanically switchable magnetic chuck.

1974

In 1974 two firms, John Bedford and AMV, were also acquired.

1981

Founded in 1981, The Spear Group has serviced hundreds of leading companies in a variety of industries, including gas and electric utilities, architecture and engineering firms, construction, pharmaceuticals, and various other industrial organizations.

1985

Sturdevant has been in a management role with Spear since he joined in 1985 and currently serves as Principal Advisor to Spear s Management Technical Team.

1989

In 1989, four years after it acquired Spear Jackson, the Neill Group purchased the French firm Forges de Lavieu and the German company Wilhelm Abt.

1991

CEO Dennis Crowley, who owned approximately two-thirds of the firm's stock, had been banned for life from the securities industry in 1991 for giving faulty advice to investors, but had not revealed this information when he took control of the company.

1993

Spear Pharmaceuticals, founded by K.L. Spear, M.D., in 1993, is a company that develops specialty dermatological products to fulfill market needs.

1995

In 1995 the Neill Group was renamed Spear Jackson, Ltd.

1997

In December 1997 Spear Jackson was purchased by United States Industries, Inc.

1998

In 1998 after only 5 years, Spear obtained its first approvals, becoming the smallest pharmaceutical company ever to receive an FDA approval.

The year 1998 also saw the company's Eclipse Magnetics unit launch Supermill, a high-powered heavy-duty chuck line that helped double or triple production output for some customers.

The product was recognized with the 1998 Manufacturing Industry Achievement Award for Mechanical Engineering Innovation.

2000

In September 2000, with debt-laden USI's stock falling, that firm announced it would spin off several units to shareholders, including Spear Jackson.

2001

Durkin has been with the Spear Group since 2001 also functions as CFO of the Spear Group s sister company Southern Cross Corp.

2002

Rae, Bob, Spear Jackson Put Up for Sale, Sheffield Star, February 26, 2002.

2004

In April 2004 the SEC filed a restraining order barring Crowley from serving as an officer or director of a public company, and put in place a court-appointed monitor.

, Spear Jackson Case Spotlights Promoters, Dow Jones News Service, April 16, 2004.

2005

Pays Over 6.1 Million to Settle SEC Fraud Charges, SEC News Digest, February 11, 2005.

2013

Rachel Phillips joined the Spear Pharmaceuticals team in January 2013 to support management of new product development.

Founded
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Company Founded
Headquarters
Mason, OH
Company Headquarter

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