Spang & Company Company History Timeline

1894

1894: George Spang established his own oil field repair shop in Butler, PA and served as president for 41 years.

1894 – George Spang established his own oil field repair shop in Butler, Pennsylvania and served as president for 41 years.

1913

1913: The Company purchased the inventory, machinery, and good will of TW Phillips Manufacturing.

1913 – Spang purchased the inventory, machinery, and good will of TW Phillips Manufacturing.

1961

1961: Spang acquired Ferroslag Process Corporation

1963

1963: Spang acquired Fort Pitt Bridge Works and Garco Products

1966

1966: Spang acquired Eiben & Irr and Sun Drug Company

1966: Magnetics' growth included the acquisition of Kemco Corporation of Sandy Lake, PA

1966 – Magnetics’ growth included the acquisition of Kemco Corporation of Sandy Lake, PA.

1968

1968: Spang acquired Wolverine Toy Company, based in Pittsburgh, Pennsylvania and moved the company to Arkansas

1968: Magnetics was acquired by Spang & Company

1968 – Spang acquired Wolverine Toy Company, based in Pittsburgh, Pennsylvania and moved the company to Arkansas.

1980

1980's: Wolverine progressed from metal to plastic molded toys and was renamed Today's Kids

1980's: Spang divested Sun Drug Company, discontinued Fort Pitt Bridge Works, and discontinued Butler Refractories and Ferroslag Processing Corporation to focus on its two core operations: power systems and electronic components

1980’s – Wolverine progressed from metal to plastic molded toys and was renamed Today’s Kids.

1980’s – Spang divested Sun Drug Company, discontinued Fort Pitt Bridge Works, and discontinued Butler Refractories and Ferroslag Processing Corporation to focus on its two core operations, power systems and electronic components.

1984

1984: Magnetics opened Booneville, Arkansas production facility

1984 – Magnetics opened a production facility in Booneville, Arkansas

1986

1986: Spang separated the power electronics unit from Magnetics to operate as a separate division known as Spang Power Control

1986: Spang closed the Manufacturing & Tool Division in East Butler, PA, primarily due to the decrease in oil industry drilling in the US

1986 – Spang separated the power electronics unit from Magnetics to operate as its own division known as Spang Power Control.

1986 – Spang closed the Manufacturing & Tool Division in East Butler, Pennsylvania, primarily due to the decrease in oil industry drilling in the US.

1998

1998: Spang acquired DMARC of Mentor, Ohio to become part of Spang Power Control, and rebranded the division Spang Power Electronics

1998 – Spang acquired DMARC of Mentor, Ohio to become part of Spang Power Control, and rebranded the division Spang Power Electronics.

1999

1999: Today's Kids diversified, introduced new product lines resulting in four businesses under the Today's Plastics name

1999 – Today’s Kids diversified, introduced new product lines resulting in four businesses under the Today’s Plastics name.

2004

2004: Magnetics opened the Hong Kong Customer Service Center in November

2004: Magnetics built a new plant in Xiamen, China

2004 – Magnetics built a new plant in Xiamen, China.

2005

2005: Magnetics Xiamen plant opened in January with its first Chinese hires

2005: Magnetics opened Distribution Center in Hong Kong

2005: Opened Spang Power Electronics Asia locations for sales

2005 – Magnetics Xiamen plant opened with its first Chinese hires.

2005 – Magnetics opened a global Distribution Center in Hong Kong.

2005 – Opened Spang Power Electronics Asia locations for sales.

2006

2006: Opened Spang Power Electronics Xiamen plant in August as a Field Service location, and began production shortly thereafter

2006 – Opened Spang Power Electronics Xiamen plant as a Field Service location, and began production shortly thereafter.

2007

2007: Magnetics consolidated production operations in Pennsylvania and China

2007 – Magnetics consolidated production operations in Pennsylvania and China.

2012

2012: Magnetics built a new Haicang, China plant and moved most production facilities from the Xiamen location to Haicang.

2012: Spang Engineered Solutions began operations, as an engineering design and rapid prototype developer for custom design inductive components

A warehouse/shipping center and some production remain in Xiamen.2012 – Spang Engineered Solutions began operations, as an engineering design and rapid prototype developer for custom design inductive components.

2012 – Magnetics built a new plant in Haicang, China and moved most production facilities from the Xiamen location to Haicang.

2012 – Spang Engineered Solutions began operations, as an engineering design and rapid prototype developer for custom design inductive components.

2018

2018: Spang Engineered Solutions acquired Frost Magnetics in Oakhurst, CA

2019

2019: Magnetics closed the warehouse in East Butler, PA and opened a new warehouse and distribution center in Phoenix, AZ

2020

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Founded
1894
Company Founded
Headquarters
Pittsburgh, PA
Company Headquarter

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