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Spectrum Control history
Spectrum Control company history timeline
1968: The company is incorporated.
By 1985 annual sales had reached $22 million.
As the company continued to lose money in 1990, in April of that year Venable was replaced as president and chief executive officer by 47-year-old J.L. "Jack" Johnston.
In April 1991 Spectrum sold its gasket and shielding business to MAJR Products.
In 1996 sales rose to $57.3 million and net income totaled $3.4 million, the result of increased demand from the telecommunications industry.
1996: Johnston dies following heart surgery.
Also in 1998 Spectrum established a control products division.
Revenues in 2000 jumped to $132.6 million and net income grew to $9.5 million.
Continued demand from telecommunications customers resulted in greater growth in 2000.
Sales continued to fall in 2002, declining to $57.2 million, but cost-cutting measures paid off as the company lost only $737,000 for the year.
In TKU April 2019 the following changes were made:
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Spectrum Control competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Brooks Instrument | 1946 | $97.0M | 500 | - |
| Solidscape | 1993 | $11.6M | 53 | - |
| Micro Industries | - | $9.3M | 50 | - |
| Axcera | 1982 | $15.0M | 100 | - |
| MKS Instruments | 1961 | $3.6B | 5,400 | 89 |
| Microsemi | 1960 | $1.8B | 4,400 | - |
| Diamond Antenna and Microwave | 1956 | $10.0M | 50 | 4 |
| Luminator Technology Group | 1928 | $300.0M | 750 | 5 |
| Coin Acceptors | 1958 | $210.0M | 750 | - |
| Excellon Automation | - | $10.0M | 60 | - |
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Zippia gives an in-depth look into the details of Spectrum Control, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Spectrum Control. The employee data is based on information from people who have self-reported their past or current employments at Spectrum Control. 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 Spectrum Control. The data presented on this page does not represent the view of Spectrum Control and its employees or that of Zippia.
Spectrum Control may also be known as or be related to SPECTRUM CONTROL INC, Spectrum Control, Spectrum Control Inc, Spectrum Control, Inc., Spectrum Controls and Spectrum Controls, Inc.