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Hastings Manufacturing Company history
Hastings Manufacturing Company company history timeline
1923: The company introduces a line of cast-iron piston rings.
1935: New Steel-Vent oil control rings debut.
In 1941 the growing company formed a Canadian subsidiary, Hastings, Limited, to do business north of the border.
The firm began manufacturing safety belts in 1956 and introduced the new Flex-Vent three-piece oil control ring the same year.
The year 1958 saw the company purchase its first computer and also start construction of a new filter manufacturing facility, which was completed the following spring.
In 1963 Hastings discontinued its spark plug line, which had not proven to be profitable.
1985: A new filter making division is formed in South Dakota.
In 1986 Hastings' Canadian subsidiary, now known as Hastings, Inc., built a new facility in Barrie, Ontario to accommodate sales growth expected in that country.
In November of 1991 a former Hastings employee and an alleged accomplice were arrested and charged with stealing company plans for an oil-control ring system and offering them for sale.
In December of 1996 the company restructured its operations, reducing staffing levels and phasing out piston ring manufacturing in Canada.
In 1998 Hastings began to adopt lean manufacturing practices, for which the company's factory was reconfigured to minimize waste in materials and labor.
1999: The Casite Intraco LLC joint venture is formed to market the Casite line.
Another marketing agreement was signed in November of 2001 with Norcross, Georgia-based Automotive Components Limited (ACL), a maker of engine parts including bearings, gaskets, and pistons.
In the spring of 2002 Hastings reached an agreement with Intraco for the latter to market Hastings piston rings and other products in Central America, South America, and the Middle East.
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Hastings Manufacturing Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| TH Foods | 1984 | $108.9M | 224 | 2 |
| MANN+HUMMEL INC. | - | $4.2B | 21,149 | - |
| Omega Plastics | - | $2.9M | 30 | 8 |
| Mergon Group | 1981 | $43.5M | 100 | 4 |
| Polyflex | - | $16.8M | 75 | 6 |
| Roskam Baking Co. | 1923 | $360.0M | 1,000 | 7 |
| Maco PKG | 1929 | $38.1M | 100 | 10 |
| CPP Global | 1984 | $39.0M | 350 | - |
| AW North Carolina | 1998 | $704.6M | 3,000 | - |
| MOS Plastics | 1974 | $8.6M | 25 | - |
Hastings Manufacturing Company history FAQs
Zippia gives an in-depth look into the details of Hastings Manufacturing Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hastings Manufacturing Company. The employee data is based on information from people who have self-reported their past or current employments at Hastings Manufacturing Company. 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 Hastings Manufacturing Company. The data presented on this page does not represent the view of Hastings Manufacturing Company and its employees or that of Zippia.
Hastings Manufacturing Company may also be known as or be related to Hastings Manufacturing, Hastings Manufacturing Company and Hastings Manufacturing Company, LLC.