Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Safety Components history
Safety Components company history timeline
Global Safety Textiles originated here, starting life as a ribbon factory in Bad Säckingen in 1836.
Sales were $7 million in 1992.
Zummo had in 1993 bought Valentec International Corp. from Insilco Corp., a Big Board-listed United States defense contractor based in Meriden, Connecticut, that had acquired Valentec eight years earlier.
Sales reached $51.8 million in 1995, with net income of $2.1 million.
A research and development center was set up there in 1995.
Building its low cost manufacturing capacity, in April 1996 the company began work on a 100,000-square-foot office and manufacturing facility in the Czech Republic.
In 1996 the company established its own direct sales force.
Safety Components filed for bankruptcy protection in April 2000 and emerged from the prearranged Chapter 11 reorganization six months later.
Increasing airbag use in Europe and Asia was expected to push demand to 158 million modules by 2000.
Valentec Wells, LLC, a metal belt link business, was sold to an Alliant Techsystems ((ATK) subsidiary in September 2001 for about $5 million.
A plan to close SCI's plant in Crumlin, Wales, was announced in August 2002.
2004: Zapata Corporation acquires controlling interest in SCI.
Rate how well Safety Components lives up to its initial vision.
Safety Components jobs
Do you work at Safety Components?
Does Safety Components communicate its history to new hires?
Zippia gives an in-depth look into the details of Safety Components, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Safety Components. The employee data is based on information from people who have self-reported their past or current employments at Safety Components. 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 Safety Components. The data presented on this page does not represent the view of Safety Components and its employees or that of Zippia.
Safety Components may also be known as or be related to Safety Components and Safety Components International Inc.