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Rathgibson history
Rathgibson company history timeline
The Rath Manufacturing component of RathGibson traces its history to 1952 when Virgil Rath, who sold milking machinery, decided to buy one of his suppliers, Roy L. Meyers Manufacturing Company, a bankrupt farm equipment manufacturer located in Janesville, Wisconsin.
A major turning point came in 1975 when Duane bought the company from his parents for $112,000 and ceased making farm equipment.
In 1994, at the age of 53, Duane Rath was found dead in the master bedroom of his Wisconsin estate along with a pair of butcher knives.
With Liberty's backing, the company in 1999 combined with Gibson Tube Company, based in North Branch, New Jersey.
To support the fast-growing global market for subsea umbilicals, a sales office in Houston, Texas, was opened in 2002.
To enter the increasingly important China market, a sales office was opened in Shanghai in November 2004.
RathGibson was generating about $200 million a year when in early 2006 Liberty sold the company to Castle Harlan, a New York private equity firm, for $260 million.
"RathGibson Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/rathgibson-inc
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Rathgibson competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Morgan Advanced Materials And Technology Inc | - | $12.0M | 30 | 48 |
| Precision Plating | 1904 | $26.0M | 7 | - |
| PSM Industries | 1956 | $1.8M | 15 | - |
| Future Pipe Industries | 1972 | $55.0M | 85 | - |
| Rapid Manufacturing | - | $980,000 | 50 | - |
| Tecton Products | 1992 | $29.5M | 134 | 2 |
| Saint-Gobain | - | $45.1B | 180,000 | 558 |
| ASK Chemicals | - | $1.2M | 50 | 1 |
| Western Electronics | 1978 | $670,000 | 7 | - |
| Superior Tube Company | 1934 | $134.8M | 350 | - |
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Rathgibson may also be known as or be related to RathGibson, RathGibson LLC and Rathgibson.