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Esco Sales history
Esco Sales company history timeline
Hazeltine was sold to GEC-Marconi Electronics Systems Corporation for $110 million in cash in July 1996.
As a result, defense work fell to about 70 percent of total revenues in fiscal 1996.
In 2000, ESCO Manufacturing expanded from our 65,000 sq.ft. facility to an additional 25,000 sq.ft. channel letter manufacturing facility located in Webster, SD.
In fiscal 2001, sales improved 15 percent to $344.9 million and earnings grew to $30.1 million.
In January 2003, the company paid $4 million for Austin Acoustics System, Inc., a Texas company that produced noise control chambers for the test, medical, and broadcast and music industries.
In addition, in fiscal 2003, Esco closed a filtration plant in Puerto Rico, transferring the production to other plants in Mexico and Illinois.
Thimangu, Patrick L., “Richey Catches the Wave,” St Louis Business Journal, November 15, 2004.
When fiscal 2006 came to a close, Esco recorded an increase in revenues to $458.9 million and net income to $31.3 million.
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Esco Sales may also be known as or be related to Esco Marine Inc, Esco Marine Inc., Esco Marine, Inc. and Esco Sales.