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Paulstra CRC Corporation company history timeline

1987

In 1987, the company won a contract to deliver waterproof sheeting for the Eurotunnel that connected France and Britain.

1989

In 1989, Phoenix acquired a majority stake in Societa Manicotta Gomma, an Italian manufacturer of hoses for the automotive industry.

1990

In 1990, the company took over a Spanish supplier of technical rubber products for cars.

1993

The reorganization did not prevent Phoenix from going through a severe slump in sales in 1993, caused by a contracting market for the automotive and non-automotive elastomers and by increasing pressure on costs by car manufacturers.

1994

Thiede, Meite, "Ohne P/3S stünde es heute schlimm um Phoenix," Süddeutsche Zeitung, August 25, 1994.

1998

In 1998, Vibracoustic pioneered this emerging market when the company created an innovative design for air springs.

2001

Despite the company's efforts to cut costs and introduce innovative products with above-average profit margins, Phoenix slipped into the red in 2001.

2002

Under Ellegast's leadership Phoenix's sales more than doubled, reaching EUR 1.13 billion in 2002, while the company's workforce grew to 10,000 and its network of subsidiaries in Germany and abroad expanded to about 50.

2022

Grand Rapids History Center. https://archive.grpl.org/repositories/4/archival_objects/127099 Accessed July 12, 2022.

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Founded
1986
Company founded
Headquarters
Grand Rapids, MI
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Zippia gives an in-depth look into the details of Paulstra CRC Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Paulstra CRC Corporation. The employee data is based on information from people who have self-reported their past or current employments at Paulstra CRC Corporation. 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 Paulstra CRC Corporation. The data presented on this page does not represent the view of Paulstra CRC Corporation and its employees or that of Zippia.

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