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DESC company history timeline

1979

Resistol ranked 33rd among Mexican companies with 3.21 billion pesos ($140.4 million), and Spicer ranked 79th, with 1.15 billion pesos ($50.2 million). By 1979 Desc held an average of 35 percent of the shares of more than 30 enterprises.

1982

The largest shareholder in 1982 was Fomento de Valores, S.A. de C.V., with 48 percent, followed by Banamex, with 11 percent.

Both firms continued to be profitable despite the debt crisis and peso devaluation of 1982.

Univasa, an enterprise founded in 1982 to breed poultry, contributed nearly 12 percent.

1984

Ruiz Galindo was president of Negromex in 1984.

1990

In 1990 Novum acquired majority control of Hules Mexicanos, a rival firm, thereby increasingly its carbon black capacity from 65,000 to 161,000 metric tons a year and its synthetic rubber capacity from 80,000 to 155,000 metric tons a year.

1992

In 1992 Grupo Irsa closed its least efficient chemicals plants and divested certain products lines.

1994

Spicer purchased Transmisiones y Equipos Mecanicos, S.A. de C.V. (Tremec), a Mexican manufacturer of light-duty transmissions, in 1994.

1997

The company's long-term debt was 3.34 billion pesos (about $428 million) in March 1997.

Spicer, in July 1997, purchased Dana Corp.'s transmission division.

2012

DESC and NYC’s Pathways to Housing present the first ever national Housing First Partners’ Conference in New Orleans, LA on March 21-23, 2012.

2013

Aurora House opens in early 2013 providing 87 units of supportive housing for homeless adults living with serious mental/addictive illnesses or other disabling conditions.

2014

1, 2014 marks 12,460 consecutive days that DESC’s Main Shelter has been open.

2017

The Peer PATHFinder outreach program was created in August 2017 in response to the opioid epidemic and works with adults experiencing homelessness who are at risk of opioid overdose.

2022

DESC breaks ground during a virtual event on June 1, for the DESC Bitter Lake supportive housing project at 924 and 934 North 143rd St, Seattle. It will feature 100 apartments, expected to open in summer 2022.

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DESC competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Brooklyn Community Housing & Services1978$10.0M90-
Central Arizona Shelter Services1984$50.0M1003
People Assisting The Homeless1984$50.0M20-
The Women's Housing Coalition1979$5.0M9-
Shelter Care Ministries1984$1.6M30-
Plymouth Housing1980$21.0M13812
CommunityHealthlink1978$42.8M880-
Chestnut Health Systems1973$46.4M750108
Servicenet Inc.1973$50.0M550-
Open Sky Community Services1973$50.0M20090

DESC history FAQs

Zippia gives an in-depth look into the details of DESC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about DESC. The employee data is based on information from people who have self-reported their past or current employments at DESC. 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 DESC. The data presented on this page does not represent the view of DESC and its employees or that of Zippia.

DESC may also be known as or be related to DESC, DESC (Downtown Emergency Service Center), DOWNTOWN EMERGENCY SERVICE CENTER and Desc (downtown Emergency Service Center).