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LoJack company history timeline

1981

In 1981 a new LoJack Corporation was formed by the merger of W.R. Reagan Associates and the LoJack Corporation, which then became the surviving company.

Now that his invention was on the market, Bill Reagan resigned from presidency of the LoJack Corporation and was succeeded by C. Michael Daley, who had been a director of the company since 1981.

1983

1983-93: Fighting Crime, Developing and Testing a Prototype, Creating a Market

1985

At the time, this commonwealth had the highest rate of car thefts in the country: 864.8 motor vehicle thefts per 100,000 population, according to John Swanson's quotation from Uniform Crime Reports for 1985.

1986

In 1986, Massachusetts became the first state to adopt the LoJack System.

1987

According to John Swanson, who became a consultant for the LoJack Corporation in 1987, Bill was preoccupied with the growth of car thefts throughout the nation in general and the greater Boston area in particular.

1991

In spite of a 27 percent increase in revenues for 1991, LoJack Corporation's stock shrank from $100 million to less than $33 million.

1995

1995: LoJack licenses its technology to selected international markets and develops the CarSearch Stolen Vehicle Recovery System, which operates independently of law enforcement networks.

1997

According to Kevin Hall's story in the July 21, 1997 issue of Journal of Commerce, many of the cars stolen in Miami and Dade County were exported illegally through the Port of Miami to Haiti, as well as to Central and South America.

1999

In June 1999, according to Heavy Equipment News, LoJack reported recoveries of a $300,000 Caterpillar front-end loader, a Cat combination front-end loader/backhoe and, for one company a 580L backhoe, trailer, and a flatbed truck.

United had begun to install LoJack units on its equipment in 1999 and had since installed the units in more than 4,000 pieces of equipment ranging from light towers to heavy-duty dump trucks.

2001

2001: Motorola ships its two millionth LoJack Unit to LoJack Corporation.

2002

The company planned to introduce this option in selected markets in 2002.

2021

Background Lojack Corporation And Newer Market.Lojack. (July 12, 2021). Retrieved from https://www.freeessays.education/background-lojack-corporation-and-newer-market-lojack-essay/

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Founded
1978
Company founded
Headquarters
Canton, MA
Company headquarter
Founders
William Reagan
Company founders
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LoJack history FAQs

Zippia gives an in-depth look into the details of LoJack, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LoJack. The employee data is based on information from people who have self-reported their past or current employments at LoJack. 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 LoJack. The data presented on this page does not represent the view of LoJack and its employees or that of Zippia.

LoJack may also be known as or be related to LOJACK CORP, LoJack, LoJack Corp., LoJack Corporation and Lojack Corporation.