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Standex Air Distribution Products Inc history
Standex Air Distribution Products Inc company history timeline
1955: Standard International Corporation is incorporated.
In 1964, Hogan's management team took Standard International public and began defining the product groups in which it believed the company had the most expertise and around which its acquisition strategy should coalesce.
1971: Master-Bilt Refrigeration Manufacturing Co. is purchased.
Sales broke the $375 million mark in 1984, and for perhaps the first time in its 30-year history Standex had no money-losing businesses.
1985: Daniel Hogan steps down; Thomas L. King is named his replacement.
1988: The firm acquires Custom Hoists Inc.
In June 1995, Tom King retired as Standex's CEO after ten years at the helm, giving way to Edward J. Trainor, a former president of the Institutional Products Group.
In mid-1995, Metal Products Manufacturing of Milwaukee, Oregon, was acquired to extend Standex's Snappy Air Distribution product line into the Pacific Northwest.
Indeed, in 1996 Standex's corporate headquarters would consist of only 46 people, managing everything from banking, taxes, and legal affairs to insurance, audits, and investor relations.
The firm's new strategy appeared to pay off when sales for 1998 reached a high of $616.2 million.
The company completed its restructuring efforts in 1999 with the sale of its Williams Healthcare Systems division.
Sales for fiscal 2001 fell by 5.8 percent over the previous year.
Standex Acquires Sensor Solutions14 March, 2022 9:59
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Standex Air Distribution Products Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Plastic Omnium Auto Exteriors | 1996 | $889.8B | 31,000 | 40 |
| Keller Products | - | $2.0M | 20 | - |
| Trojan Battery | 1925 | $250.0M | 750 | 41 |
| Vista Outdoor | 2015 | $2.7B | 5,800 | 15 |
| Tysons Deli | 2003 | $110.0M | 3,000 | - |
| Macro Plastics | 1989 | $39.6M | 100 | - |
| Seaga | 1987 | $30.3M | 100 | - |
| Tubed Products, LLC | 1947 | $130.0M | 1,600 | - |
| Bullfrog Spas | 1996 | $21.4M | 300 | 10 |
| Revere Copper Products | 1801 | $70.0M | 600 | 18 |
Standex Air Distribution Products Inc history FAQs
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Standex Air Distribution Products Inc may also be known as or be related to Standex Air Distribution Prods and Standex Air Distribution Products Inc.