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RCM Technologies history
RCM Technologies company history timeline
RCM Technologies Inc. helps clients leverage technology innovation to optimize business performance, attract new business opportunities and drive greater global market share since 1971.
Intertec had been providing engineers and technicians to the Sikorsky Aircraft Division of United Technologies since 1978.
An initial public offering of stock in 1981 enabled RCM to broaden the company's services to temporary staffing of professional engineers and technical personnel.
In 1983 a $1.2 million contract involved technical writing services for revision of specification manuals and drawing of maintenance manuals.
RCM formed the Marine and Mechanical Services Corporation (MMS) in 1983 to provide technicians for commercial marine operators as well as for asbestos removal and reinsulation.
As ship repair service contracts ended in 1985, asbestos removal became the subsidiary's focus of operations.
Research and development of RCM's flue gas desulfurization process continued with testing at a demonstration facility completed in Camden, New Jersey, in 1985.
In anticipation of stricter clean air regulations, RCM formed a new subsidiary in 1989, RCM Industries Corporation, to handle the commercial aspects of the new technology.
By 1991 only 25 percent of RCM's revenues originated with contracts to businesses serving government needs, the amount equal to its business from United Technologies.
1992: Clean air technology program is terminated.
In February 1996 RCM merged with The Consortium in a $6.5 million stock transaction.
RCM's stock valued at 0.875 cents per share in February 1996; the reversal changed the value to nearly $5 per share.
In 1998 purchase orders, as well as occasional contracts for complex projects, originated from 53 branch offices in 21 states and generated revenues of $201.5 million and net income of $9.8 million.
Introduced in March 1999, the service connected customers who needed analytic capacity with corporate laboratories that possessed excess capacity or specialized capabilities.
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RCM Technologies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Integrated Systems | 1983 | $5.9M | 20 | - |
| Radiant Systems | 1995 | $544.0M | 200 | - |
| NEC Corporation of America | 1963 | $1.2B | 3,000 | 30 |
| Applied Systems | 1983 | $770,000 | 50 | 103 |
| Gerber Technology LLC | 1968 | $202.7M | 684 | - |
| Scientific Systems | 1976 | $7.5M | 20 | 2 |
| SETA International | 2008 | $9.6M | 150 | - |
| MEI Technologies | 1992 | $150.0M | 850 | - |
| Vocollect | 1988 | $119.8M | 200 | - |
| Global Systems LLC | - | $1.2M | 20 | 7 |
RCM Technologies history FAQs
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RCM Technologies may also be known as or be related to RCM TECHNOLOGIES INC., RCM Technologies, RCM Technologies Inc, RCM Technologies, Inc. and Rcm Technologies.