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1965: Edgar Prince founds Prince Machine Corp. to custom build machine tools.
In that year Prince Corp. invented the lighted vanity visor for front-seat passengers, first used in the 1973 Cadillac.
1995: Edgar Prince dies.
There was no lack of suitors for the business, so that it came as no surprise, therefore, when in July 1996 Prince Corp. sold the Prince A utomotive unit to Milwaukee-based Johnson Controls Inc. for $1.35 billion.
In was also in 1996 that he started a professional security firm and bought 6,000 acres of land in North Carolina to build a major training facil ity.
One ma jor step taken during his tenure was the 1998 acquisition of Zeeland, Michigan-based Quality Process Controls (QPC), the addition of which expanded Prince's plastic processing capabilities, allowing the comp any to better serve die cast companies on a global basis.
2002: Rights are acquired to the rheocasting process developed by the Massachusetts Institute of Technology.
The "S2" injection system completed its production trial in early 2004.
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IDRA GROUP may also be known as or be related to IDRA GROUP, Idra S.r.l. and Idra srl.