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Safety Products company history timeline

1970

In 1970, the US passes the Occupational Health and Safety (OHS) Act and creates the Occupational Health and Safety Administration (OSHA) to pass, regulate, and maintain health and safety standards and regulations.

In many cases, the use of such PPE was considered optional and there weren't mandatory regulations for workers' protection until the advent of the Occupational Safety and health Administration, which stemmed from the Occupational Safety and Health Act of 1970.

1979

Midas Safety was founded 1979 with a sales office in Toronto, Canada and manufacturing facilities in South Asia

1984

He sold 10,000 of the signs in September 1984 and by the end of the following year was selling half a million of them each month.

Founding a Business: 1984

1987

In 1987 Safety 1st released an assortment of new products, such as baby monitors, bath seats, toddler cups, pacifiers, and teethers.

1990

After it was released in 1990, the seat quickly became the best-selling version in the nation.

1994

In an April 1994 press release, Lerner attributed his company's strong sales to the new product offerings, particularly larger "bulk" goods.

With plans to introduce another 50 new products in 1994, Safety 1st wanted to raise revenue and repay its accumulated debt.

1995

He recruited new executives from much larger corporations in hopes of spurring his company to mature quickly. "That overqualified individual allows me to grow faster," he told Nation's Business in April 1995. "The company develops to the executive's level."

In April 1995 production problems forced the company to delay the release of some new items, causing Safety 1st's share price to drop from $25 to $16.75.

The British Standard was updated again in the early 80’s before the EU was formed and a European Standard commonly known as EN 397 was produced in 1995.

International sales rose 58 percent in 1995 and accounted for almost 15 percent of the company's total sales.

1996

But the product realignment took a toll on net profitability in 1996.

1997

Left with its 300 best-selling, highest-margin juvenile and home security products, the company hoped to return to profitability in 1997.

2000

In 2000 EN 12492 was introduced as a Mountaineering Standard and this seems to have been adopted by those working at height although this standard was never produced for that reason most see it as an industrial standard when it is clearly a recreational standard.

2021

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Founded
1968
Company founded
Headquarters
Lakeland, FL
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Safety Products competitors

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Clear-Com1968$14.0M350113
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Ritz Safety1983$5.6M50-
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CBIA1980$50.0M100-
City of Cookeville-$1.3M254
Greenstar Recycling2007$100.0M6005
Ehrlich Pest Control1928$580,0001034

Safety Products history FAQs

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Safety Products may also be known as or be related to Safety Products, Safety Products Inc and Safety Products, Inc.