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Joyson Safety Systems history
Joyson Safety Systems company history timeline
Key Safety Systems, Inc. was founded in 1987 as a spinoff of Breed Corp.
Sales were $27 million in 1989, noted a retrospective in Florida Trend.
1991: Company name is changed to Breed Technologies, Inc.
Breed accounted for 59 percent of the airbag sensor market for United States-built vehicles in the 1993 model year.
Inc. magazine named Allen Breed its Entrepreneur of the Year in 1995.
The firm had about 11,000 employees in 1997, when sales were $795 million.
Johnnie Cordell Breed, wife of company founder Allen Breed and a successful entrepreneur in her own right, had become Breed's CEO in 1997 when Allen Breed retired from the position.
BSRS Restraint Systems International, a 50-50 joint venture with the Automotive Systems Group of German electronics firm Siemens AG, was created in 1998.
Takata has admitted that company employees knew about the potential problems with its airbag inflators as early as 2000.
In May 2003, a restructuring was announced that aimed to cut costs by $200 million a year.
Problems began to emerge in 2008 when Honda recalled 4,000 Accords and Civics.
Ningbo Joyson has become a rising force in China, courtsey of an acquisition binge that began in 2011.
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Joyson Safety Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Associated Spring | 1857 | $1.6M | 50 | - |
| Adac Plastics | 1975 | $600.0M | 3,000 | - |
| VITEC | - | $1.8M | 10 | - |
| Federal Mogul Corporation | 1899 | $7.3B | 48,600 | - |
| Caltherm, Corp | - | $2.6M | 50 | - |
| Huf North America Automotive Parts Manufacturing, Corp. | - | $26.0M | 125 | - |
| ND Industries | - | $8.5M | 180 | 4 |
| Stant | 1898 | $100.0M | 482 | - |
| Capsonic Companies | 1968 | $48.4M | 350 | - |
| IAC Group | - | $6.2M | 200 | - |
Joyson Safety Systems history FAQs
Zippia gives an in-depth look into the details of Joyson Safety Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Joyson Safety Systems. The employee data is based on information from people who have self-reported their past or current employments at Joyson Safety Systems. 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 Joyson Safety Systems. The data presented on this page does not represent the view of Joyson Safety Systems and its employees or that of Zippia.
Joyson Safety Systems may also be known as or be related to Joyson Safety Systems, KEY SAFETY SYSTEMS INC, Key Safety Systems, Key Safety Systems Inc and Key Safety Systems, Inc.