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Engineered Air company history timeline

1956

Walt Lipski founded Engineered Air Balance Co., Inc. in 1956 as the nation’s first provider of independent balancing services.

1958

EAB was awarded the Women and Children’s Building at Baylor Hospital in Dallas in late 1958.

1962

In February 1962, EAB met with the Corp of Engineers at Vandenberg Air Force Base.

1981

EAS was incorporated in Missouri on December 24, 1981.

1982

EAS acquired Allis-Chalmers Corporation's Defense Systems Division on March 30, 1982.

1985

Engineered Support Systems Inc. went public on the NASDAQ exchange on August 21, 1985, under the ticker symbol EASI. Revenues were $51 million in 1985; net income was about $2 million.

Company cofounder and CEO since 1985, Michael Shanahan, Sr., continued as chairman.

1991

Our third office was opened in San Antonio in 1991 and managed by Gaylon Richardson.

1993

In preparation of the Alamodome’s opening in May of 1993, EAB was hired because of our specifically trained and equipped team of experts.

Diversification came none too soon, as ESSI's defense revenues fell to $27.8 million in 1993.

1994

The Bexar County Jail project, testing smoke control systems for jails, resulted in the development of ASHRAE guidelines for commissioning smoke management systems which was approved in 1994.

1995

ESSI's earnings more than doubled in 1995, thanks in part to its military programs shifting from development to production phases.

1996

In 1996, EAS won a production contract for a new Kevlar-coated fabric shelter it had developed to protect Army troops from chemical or biological attack.

1998

A major competitor, Keco Industries Inc., was acquired in June 1998.

2001

The September 11, 2001 terrorist attacks against the United States made defense stocks in demand again after a decade of uncertainty and downsizing following the end of the Cold War.

2002

Universal Power Systems, Inc. (UPSI) was acquired in June 2002.

EAB staff members wrote AABC’s 2002 National Standards for Total System Balancing.

2003

Engineered Specialty Plastics Inc. and Lifetime Faucets Inc. were sold to a private equity group for $7.4 million in April 2003.

2005

The Cynthia Mitchell Basic Science Research Building on the University of Texas M.D. Anderson Cancer Center campus was completed in September 2005 to further research in the areas of immunology, molecular biology and human cancer genetics.

2006

EAB began work in 2006 reviewing the design documents at each design milestone for balance-ability, reviewed submittal data and performed construction observations prior to implementing complete HVAC system testing.

2009

The project was completed October 1, 2009, and launched EAB into the Building Commissioning Industry.

2015

Because of EAB and the other project team members’ efforts, Eskenazi Health’s downtown campus achieved LEED Gold certification in 2015.

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Founded
1952
Company founded
Headquarters
Indianapolis, IN
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Engineered Air competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Industrial Control1975$1.9M25-
Integrated Power Services2007$84.0M499239
BEMCO Incorporated-$8.0M50-
Mechanical Equipment Co-$20.2M2012
Control Technology1984$300,00074
CUES1962$3.3M20-
egad-s1998$37.4M2-
Schneider Electric Critical Systems2011$16.9M125-
WesTech1972$7.9M5052
Simmers Crane Design1958$5.6M125-

Engineered Air history FAQs

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