Richco history

1959: Richardson Brothers form a joint venture to produce and market high-fashion furniture.

1960-99: Expansion and Modernization

A major development took place in 1973 when the company reorganized, forming Richardson Industries, Inc., as a holding company for its business segments, including furniture, lumber, and truss units.

Although Richardson Brothers would later scale back its presence in the unfinished market, in 1982 Wood & Wood Products reported that unfinished furniture accounted for 20 percent of the company's shipments.

Richco personnel entered raw data on a screen, sent it to Trusswall by modem, and within a short period, they had engineered drawings for custom-made trusses." By 1983 Richco had decided to bring automated design in-house.

First, the company suffered a loss in 1986 when Charles Richardson, Sr., formerly head of Richco Structures, died.

1996 Acquisition of Payne and entry into the self-adhesive tear tape market

1997 Acquisition of American Filtrona Corporation which delivered significant extra filter and bonded fibre technology and an extrusion business

1998 Acquisition of Enitor, a leading Dutch extruder

In its July 5, 1999, edition, the Wisconsin State Journal reported that, according to a study conducted by Bryant College's Institute for Family Enterprise, Richardson Industries was perhaps the oldest family-owned business in the state of Wisconsin.

2000 Acquisition of Davidson Plastics, a profile extrusion operation located in Washington State and Pexco, a specialist medical tubing extruder located in Massachusetts.

The first workforce reduction took place in 2001, when 70 employees were let go.

2003 Acquisition of Baumgartner Fibertec, a Swiss based business engaged in the development, manufacture and supply of cigarette filters and writing instrument reservoirs

2004 Acquisition of the Skiffy Group, based in the Netherlands, which provides expertise in the manufacture and supply of small nylon parts for protection and finishing applications

2005 June Filtrona demerged from Bunzl plc and became a separately listed company on the London Stock Exchange

2010 November Acquisition of Stera Tape, based in Bridlington, a manufacturer of high quality speciality adhesive tapes

2012 June Acquisition of Lymtech Scientific, based in Westover, Massachusetts, a manufacturer and distributor of porous speciality wiping materials used within the clean environments increasingly required by the medical, life science, electronic and industrial markets.

2014 November Agreement to acquire 100% of the share capital of Clondalkin Specialist Packaging Division for US$455m, a leading global provider of a broad suite of specialist secondary packaging solutions for the pharmaceutical and health & personal care industries.

2017 December Acquisition of Micro Plastics, based in Arkansas, US, a leading manufacturer and distributor of nylon fasteners and other plastic components for a wide range of industrial end-markets - including general industrial, automotives and white goods.

2019 September Acquisition of Nekicesa Packaging S.L, one of the leading converters of folding cartons supplying the pharmaceutical end-market in Spain with two well-invested facilities in Madrid.