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SRC history
SRC company history timeline
Syracuse Research Corporation was founded in 1957 as a not-for-profit arm of Syracuse University.
Originally the remanufacturing division for International Harvester built in 1974 when IH was one of the 25 largest corporations in the United States.
Jack Stack was assigned to the unit, based in the Ozarks community of Springfield, Missouri, in January 1979.
By 1981, Springfield ReManufacturing was managing to turn a $1 million profit.
A new entity, SRC Holdings Corporation, was formed on December 27, 1982, to carry out the acquisition.
One of these, Engines Plus, was founded in 1986 with just $60,000.
1986: A turnaround is in evidence; annual sales amount to $42 million.
Inc. had named him CEO of its executive "Dream Team." He began giving summer lectures at MIT's Sloan School of Management around 1992.
By 1995, this had given rise to about a dozen new companies, including Megavolt (manufacturer of generators, alternators, and starters) and NewStream Enterprises (engine rebuilding kits).
Still Growing After 2000
2000: SRC has 22 subsidiaries and sales of $150 million.
President George W. Bush made a campaign stop at SRC Automotive in Springfield in February 2004.
The Engines Plus unit sold its original oil cooler business to SRC Heavy Duty around 2004 in order to focus on producing small industrial power generators.
In 2008, SRC officially changed its name from Syracuse Research Corporation to SRC, Inc.
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SRC competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SFM Services | 1987 | $45.0M | 250 | 12 |
| BSF | 1975 | $3.7M | 14 | 1 |
| Allied Industrial Scrap Inc | - | $1.6M | 10 | - |
| ACP, Inc. | - | - | 176 | - |
| Energy Services Holdings | 2008 | $2.4M | 5 | 7 |
| Southern Nevada Home Builders Association | 2016 | $4.9M | 50 | - |
| cornellcraneandsteel | 1924 | $386.7M | 4,300 | 18 |
| IPS | 1954 | $187.4M | 174 | 57 |
| Colorado Asphalt | 1979 | $7.3M | 50 | - |
| IGC | 2005 | $1.3M | 50 | 3 |
SRC history FAQs
Zippia gives an in-depth look into the details of SRC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SRC. The employee data is based on information from people who have self-reported their past or current employments at SRC. 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 SRC. The data presented on this page does not represent the view of SRC and its employees or that of Zippia.
SRC may also be known as or be related to SRC, SRC Holdings, Inc, SRC Inc, SRC Inc., SRC Services, Inc. and SRC, Inc.