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Gleason company history timeline

1865

In 1865 William Gleason purchased an interest in Rochester machine-tool maker Kidd Iron Works, though William Kidd remained president and likely remained the controlling owner.

The company began in 1865 as a machine shop in Brown's Race.

Founded in 1865 by William Gleason, the company has evolved into the largest gear systems provider worldwide.

1874

Almost a decade later, in 1874, Gleason invented the first bevel gear planer, which proved to be the start of a brand-new industry, the bevel gear industry, and created incredible new opportunities for the transmission of motive power.

1880

The young Kate Gleason became the company's bookkeeper in 1880, when she was just 14, and within 10 years she was its chief sales representative.

1884

Industrial Advance of Rochester 1884, pg.

By 1884, Kate, at 22, was traveling to Ohio on business trips.

1893

According to a company history, Gleason made her first trip abroad in 1893 at age 27, securing business from major companies in England, Scotland, France and Germany.

1900

In 1900 the lathe and planer product lines were sold to the Pittsburg Machine Tool Co.

1903

The Gleason Works was incorporated in New York in 1903.

1904

In 1904, he bought 1000 University Ave. and eventually moved the company there.

1905

The first building was constructed there in 1905.

Gleason moved to University Avenue in 1905.

1911

By 1911, the activities of the company had outgrown the facilities at Brown's Race, and all the operations were moved to the site on University Avenue.

1912

The company lost one of its salesmen when the Titanic sank in 1912.

1913

Apparently, friction between Kate Gleason and her younger brothers contributed to her decision to leave the family company in 1913.

1914

As a bankruptcy receiver in 1914, she reorganized the struggling Ingle Machine Co. of East Rochester, returning the company to solvency.

1918

In 1918, she stepped in as acting president of the First National Bank of East Rochester.

1924

Her second career in real estate made her millions and she moved to Berkeley, California in 1924 and became an advisor to the city following a disastrous fire.

1933

When she died in 1933 at the age of 67, she left an estate of more than $1.4 million, with special consideration for RIT and the Rochester Public Library, which has named its main auditorium for the business leader and philanthropist.

1934

Andrew, whose primary interest lay in the gear design and manufacturing phase of the business, served as vice-president of the company until his retirement in 1934.

1961

About 1961 the Cunningham Company which originally built wagons in Rochester moved to Honeoye Falls.

1984

Little information, unfortunately, is available regarding the years leading up to the company's eventual reincorporation in Delaware in 1984 as the Gleason Corporation.

1989

In 1989, the company put its Components Group, made up of four subsidiaries that manufactured industrial products, including powder metal parts, metal stampings, and precision plastic parts, up for sale.

1991

In December 1991, the company sold all of the stock of Pennsylvania Pressed Metals, Inc., the largest of its four Components Group companies, to a group of investors.

1992

Revenues for 1992 reached $147.3 million, with a net loss of $61.2 million.

1993

Another product introduced in 1993 was the Phoenix 175 bevel gear cutting machine.

Revenues for 1993 dropped to $103.9 million, with a net loss of $2.9 million.

1994

As the American automotive industry had higher sales and improved profitability, revenues for the company in 1994 reached $128.5 million, with a net income of $7.3 million.

1995

The company's revenues for 1995 were $197.1 million, with a net income of $30.8 million.

Late in 1995, the company formed a wholly owned subsidiary in India which began limited production of bevel gear cutting tools the following year.

1997

In July 1997, the company acquired all the operations of The Hermann Pfauter Group, headquartered in Ludwigsburg, Germany, and with additional facilities located in Italy and the United States, for approximately $34.8 million.

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

Gleason may also be known as or be related to Gleason, Gleason Corp. and Gleason Corporation.