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Ronell Industries Inc history
Ronell Industries Inc company history timeline
In 1976 Lea-Ronal announced a new electroplating process for applying zinc without the use of either cyanide or ammonia chemicals, which were also undesirable pollutants.
In 1977 Lea-Ronal acquired a majority stake in a German company and a minority stake in a Dutch company, each acting as distributors.
In 1978 it renewed its efforts, seeking sales to the automotive market, which was demanding more plated plastic parts.
In 1979 the company began marketing what it believed to be the only palladium-free catalyst system for plating printed circuit boards.
Foreign subsidiaries, which now included one in Southeast Asia, accounted for 42 percent of revenue and 53 percent of operating profit in fiscal 1990.
By 1993 half of LeaRonal's sales and three-quarters of its operating profits were coming from abroad.
LeaRonal was offering more than 300 formulations for gold, silver, palladium, nickel, copper, tin, and zinc in 1996.
During fiscal 1997 metal electroplating processes accounted for 52 percent of LeaRonal's sales, precious-metal content for 43 percent, and other products for five percent.
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Ronell Industries Inc may also be known as or be related to RONELL INDUSTRIES INC and Ronell Industries Inc.