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Panasonic Electric Works Corporation of America Inc history
Panasonic Electric Works Corporation of America Inc company history timeline
In 1984 MECA established the Panasonic Foundation and operates with a $20 million grant from the parent company.
Since 1989, when the company brought in $4.8 billion, MECA's sales have grown by 54 percent.
As home computer demand increased MECA launched its computer company, Personal Communications & Systems, in 1990.
In 1994 MECA formed Matsushita Consumer Electronics Co. (MCEC) as an umbrella for the three brands.
Veilleux, C. Thomas. "Total Coverage: Matsushita Finds Room for Three Brands under One Umbrella." HFN, 2 January 1995.
The company also formed Panasonic Corporate Enterprises Co. in 1996, in part to strengthen Panasonic's brand image.
By 1996 MECA domestically produced 40 percent of its goods sold in the United States.
beatty, gerry. "change at the top at matsushita." hfn, 17 february 1997.
"matsushita and microsoft agree to combine efforts on digital audio, video, and pc tech." presswire, 9 july 1998.
Corporate history from the establishment in 1999 to the present
As of 2005, they changed their name to Panasonic Electric Works Corporation of America.
MECA also will produce HDTV sets for consumers who will have to replace or upgrade their televisions when stations discontinue broadcasting standard-definition television programs in 2006.
2008 June Won the grand prize at IT Japan Award 2008.
2014 July Panasonic Corporation transferred all stocks of Panasonic Information Technology Solutions Co., Ltd. (a subsidiary of Panasonic Corporation) to Fujitsu Limited.
There are 11 regional CISC's including country centers in the world as of September 2015.
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Panasonic Electric Works Corporation of America Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ARRIS | 2017 | $5.3B | 5,000 | - |
| Ag Systems | - | $34.2M | 35 | - |
| Techno-Sciences | 1975 | $1.9M | 20 | - |
| Loral Data Systems | 1996 | $820.5M | 21 | - |
| General DataComm | 1969 | $1.6M | 50 | - |
| Fidelity Technologies | 1987 | $21.4M | 450 | - |
| Modular Mining | 1979 | $69.0M | 801 | - |
| Tomtec | 1967 | $11.9M | 50 | - |
| PACE Technologies | - | - | - | - |
| NI | 1976 | $1.7B | 7,800 | 24 |
Panasonic Electric Works Corporation of America Inc history FAQs
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Panasonic Electric Works Corporation of America Inc may also be known as or be related to Panasonic Electric Works Corp. of America and Panasonic Electric Works Corporation of America Inc.