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Precisionaire Inc history
Precisionaire Inc company history timeline
Beginning in 1968, Flanders began to move its entire operation from Riverhead to Washington, North Carolina.
Amerson joined Flanders in 1987 as the company's chief financial officer.
The move toward diversification was triggered in December 1995, when Flanders was acquired by a company named Elite Acquisitions, Inc.
Flanders' acquisition campaign continued after 1996, as the company sought to increase its product line and to strengthen its existing businesses.
At the end of 1997, after completing several small acquisitions during the year, the company secured a $30 million credit line with SunTrust Banks to finance further acquisitions.
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Precisionaire Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Whitmor | 1946 | $125.0M | 150 | - |
| The Stow Company | 1984 | $38.0M | 15 | 20 |
| Hollander Sleep Products | 1953 | $48.0M | 35 | - |
| Moark | 1957 | $57.0M | 50 | - |
| World Kitchen | 1991 | $750.0M | 3,000 | - |
| S. Lichtenberg & Co., Inc | - | $30.0M | 350 | - |
| Bolners Fiesta Products | - | $2.1M | 5 | - |
| The Bountiful Company | 1971 | $3.0B | 13,100 | 7 |
| Ramco Specialties Inc | - | $37.5M | 50 | - |
| Acme United | 1867 | $194.5M | 552 | - |
Precisionaire Inc history FAQs
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