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Qep history
Qep company history timeline
1979: The company is formed.
QEP Co., Inc. was founded in 1979.
In 1993 Q.E.P. added another giant customer in the home improvement industry, Lowe's, which became the company's second largest account.
Later in the year Q.E.P. added Marion Tool Corporation, based in Marion, Indiana, paying $425,547, and early in 1995 it acquired Andrews Enterprises at a cost of $67,500.
In 1996 Q.E.P. was at a crossroads and needed to decide how to fund further growth.
In 1997 Q.E.P. completed its most significant acquisition to date, paying $12.35 million in cash and stock for Roberts Consolidated Industries, Inc. of City of Industry, California.
More Acquisitions in 2000
In 2000 Q.E.P. posted sales of $113.6 million, which produced a profit of $3.2 million.
In the summer of 2003 shares of Q.E.P., which had been trading around $5 more than doubled, due mostly to the decision of institutional investors for the first time to recognize Q.E.P.'s potential.
Moreover, in 2003 Q.E.P. launched a new product line called Fresh, geared toward women do-it-yourselfers.
In January 2004 it acquired two companies: Vitrex Ltd., a British maker of ceramic tiles, tools, and protective equipment, and Dublin, Ireland-based Purchistics, which distributed ceramic tools throughout Europe.
Our Castle Creek White Oak Flooring from the Harris Wood Aspen Collection wins Surfaces 2015 Best New Product Award.
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Zippia gives an in-depth look into the details of Qep, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Qep. The employee data is based on information from people who have self-reported their past or current employments at Qep. 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 Qep. The data presented on this page does not represent the view of Qep and its employees or that of Zippia.
Qep may also be known as or be related to Q.E.P. Co., Inc., QEP CO INC and Qep.