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Saturn Acquisition Holdings LLC history
Saturn Acquisition Holdings LLC company history timeline
Acquired in 1966, C&H operated as a heavy-freight hauler.
By 1975, the first year Tyler became a Fortune 500 company, a burgeoning industrial empire had been created.
The only negative aspect of the 1981 acquisitions was the timing.
The company's earnings plunged 63 percent in 1982, sent downward, in part, because of rising interest rates associated with its purchase of Hall-Mark and Reliance Universal.
First to go was Tyler's electronics distributor, Hall-Mark Electronics, which was sold to management in August 1988.
In 1989 the next Tyler business made its exit from the company's portfolio of businesses.
In 1994 Tyler lost $4.7 million on $153 million in sales.
McKinney, who had attempted to reinvent Tyler and failed, left the company in late 1996 and was succeeded as chief executive officer by Bruce W. Wilkinson.
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