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In 1954, the company employed 450 workers which was its high-water mark for employment.
By 1960, the popularity of the dishes was slumping and Watertown Manufacturing sold its once lucrative dinnerware division to the Northern Chemical Co. of Boston.
In 1965, Howard facilitated Raytheon’s acquisition of Amana, an appliance company that quickly became profitable after marketing the first countertop microwave.
In 1970, the company announced it was closing the old Echo Lake Road factory.
Admiration for Howard and a belief that any company connected to Howard was a strong investment led Raytheon to purchase Iowa Manufacturing in 1972, the year following Howard’s death.
In 1999, Raytheon sold Cedarapids, Inc. to Terex Corporation, a nationwide manufacturer of heavy equipment.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Radar Industries | 1956 | $29.0M | 3,000 | 28 |
| Prestige Stamping | 1967 | $28.3M | 50 | - |
| Tenere | 1966 | $190.0M | 750 | - |
| Checon | 1960 | $29.5M | 56 | - |
| Pacific Die Casting | - | $7.5M | 100 | - |
| FCC Indiana | - | $47.0M | 200 | - |
| Pace Industries | 1970 | $770.0M | 3,000 | 34 |
| Champion Plastics Inc | 1980 | $13.7M | 7 | - |
| Middleville Tool & Die | 1966 | $25.9M | 50 | - |
| Ashtabula Rubber Co. | 1945 | $42.6M | 200 | 10 |
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Eyelematic Manufacturing Co., Inc. may also be known as or be related to EYELEMATIC MANUFACTURING CO, Eyelematic Manufacturing Co., Inc. and Eyelematic Manufacturing Company, Inc.