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Kaba Ilco Corp history
Kaba Ilco Corp company history timeline
Låsbolaget’s first series of entrance door locks, designed for use with cylinders, are pictured in the company’s 1883 catalog.
ILCO and AB OptimusThe Optimus (Latin, meaning best) company was founded in 1899 by three engineers: Peter Östberg, Carl Neiglich and Carl Böös.
The lock went into large-scale production in 1918, with the foundation of the company AB Låsfabriken-Lukkotehdas OY. Just over a year later the company shortened its name to AB ABLOY OY.
In 1923 the company was acquired by Maskin och Bro AB, which 13 years later became a part of the Wärtsilä Group.
Yale & Towne acquired the German lock manufacturer Boge & Kasten GmbH in 1928.
That year a new director took over, Gilbert Otterström, who remained in that position until 1933.
Unican was incorporated in the US in 1968.
In 1972 Unican acquired> the Independent Lock Company, forming ILCO/Unican.
Later, however, in 1983, Lockwood was sold to Lloyd Matherson.
Since 1983, BKS is a part of the Gretsch-Unitas (GU) corporate group, a leading manufacturer of construction supplies and security fittings for windows and doors, as well as automatic door-opening systems.
Currently (2010), the company only makes camping equipment under the name Optimus International AB.
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Kaba Ilco Corp competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| NTN Bower Corporation | 1985 | $280.0M | 873 | - |
| Allied Air | 1928 | $109.2M | 200 | - |
| Rexnord | 1891 | $1.9B | 8,000 | - |
| Mercury Plastics | 1965 | $10.9M | 200 | 5 |
| Bay View Industries | 1946 | $11.0M | 100 | 5 |
| Technibilt | 1946 | $8.5M | 210 | - |
| Modern Plastics | 1945 | $1.6M | 30 | - |
| Productive Plastics | 1955 | $17.0M | 50 | - |
| Saudermfg.com | 1945 | $87.2M | 200 | - |
| Northern Metal Products | 1959 | $11.0M | 50 | - |
Kaba Ilco Corp history FAQs
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