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Hydraulic Controls company history timeline

1970

Throughout the 1970’s, was a period of development varieties hydraulic valves in China.

The corporate culture has been a primary reason why Sun has enjoyed steady growth since 1970 in spite of dips in the economy along the way.

Koski secured the financial backing and launched Sun in 1970 with his wife and one employee.

1979

A Cornell University-educated engineer and former Naval officer with a Harvard MBA, Nixon had first met Koski in 1979 when as president of a hydraulics manufacturer, Double A Products Co., he attempted to buy Sun.

1982

The two companies forged an alliance in 1982 but three years later Double A was acquired and the relationship was severed.

1985

By 1985 Sun employed 170 people and despite its growing size had been able to maintain its cherished corporate culture.

1988

In 1988, looking for a new challenge, Nixon contacted Sun and Koski invited him to join the company and take a year to "wander around and see what he thought he could do." Despite being offered three other more conventional job offers, Nixon opted to work for Sun.

1997

Nevertheless, the company was not deterred from taking the next step in its development: going public in January 1997.

Sun opened new plants in Sarasota and Germany and hired 100 new employees in 1997, when sales grew to $64.2 million and net income amounted to $4.7 million.

1998

In 1998 Sun acquired its Korean operation, the first acquisition in company history.

2000

Hydraulics, or the use of fluid power to run machinery, have been around for quite a while — for over 2000 years.

Their systems were developed over 2000 years ago in response to water availability that was difficult to manage.

2004

Business turned around significantly in 2004, when sales jumped from $70.8 million the prior year to $94.5 million, and net income increased from $2.17 million to $7.83 million.

2016

Q: You officially became CEO of Sun Hydraulics in April 2016.

That followed a down year in 2016 when profits fell 30 percent and sales were off by 2 percent.

Q: In the year-end earnings report, you described 2016 as a year of “transformational evolution, driven by a strategic assessment of our future.” Talk about what you mean by evolution and how Sun is changing or adapting for the future.

2022

Yuken’s commitment to the environment, whilst saving you time and money Join Yuken at the MACH Exhibition 4-8 April 2022

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Founded
1966
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Headquarters
Emeryville, CA
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Hydraulic Controls may also be known as or be related to HYDRAULIC CONTROLS INC, Hydraulic Controls and Hydraulic Controls Inc.