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Kaydon history
Kaydon company history timeline
In 1967, Bailey decided to go into the turnaround business for himself, acquiring New Jersey-based Keene Packaging Associates for $1.7 million.
Bailey's strategy for Kaydon was working: by 1975, the company was posting nearly $36 million in revenues; four years later, the company topped $65.5 million in sales.
In November of that year, Lawrence Cawley, who had joined the company in 1985, was named president and chief executive officer.
In 1987, Shantz took over the chairmanship of the company from Bailey, who remained on the board of directors.
In 1988, Kaydon made its first international move, building a plant for its newly formed Maquiladora, Mexico, subsidiary in order to produce large bearings--up to 120 inches in diameter--for the construction industry.
In 1996, the company posted net income of $50.5 million on revenues of $290.7 million.
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Kaydon competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ECKART America | - | $48.8M | 100 | 21 |
| NHBB | 1946 | $1.3B | 3,000 | - |
| Viking Drill & Tool | 1951 | $42.2M | 79 | - |
| Sauder Woodworking | 1934 | $590.0M | 2,600 | - |
| American Tool and Mold | 1978 | $16.0M | 100 | 7 |
| Penn United Technologies | 1971 | $120.0M | 522 | 30 |
| Allied Machine & Engineering | 1941 | $65.6M | 200 | 6 |
| Haldex Hydraulics Corporation | 1929 | $1.2B | 871 | - |
| Auburn Gear | 1982 | $27.8M | 100 | 1 |
| Rotek Incorporated | - | $3.0M | 50 | - |
Kaydon history FAQs
Zippia gives an in-depth look into the details of Kaydon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Kaydon. The employee data is based on information from people who have self-reported their past or current employments at Kaydon. 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 Kaydon. The data presented on this page does not represent the view of Kaydon and its employees or that of Zippia.
Kaydon may also be known as or be related to KAYDON CORP, Kaydon and Kaydon Corporation.