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STEP Industries, Inc. history
STEP Industries, Inc. company history timeline
After college Jordan went on to Carl Marks and Company in New York City as a venture capitalist and then hooked up with David Zalaznick to found The Jordan Company LLC, an investment firm, in 1982.
1985: Real-Kill is acquired.
Jordan Industries, Inc. (JII) was founded in 1988 and was inextricably bound to The Jordan Company, not only by name but by the men running both businesses.
1988: Company is formed, buys Dura-Line Corp. and three other companies.
In 1995, the company added a number of brands that enjoyed strong sales at Kmart, including plant products KRid, KGro, Shootout, and Gro Best.
The company's lawn and garden slate was so strong that Lowe's named United Industries its Supplier of the year for its products in this category in 1995.
1995: Company begins healthcare unit with purchase of Duro-Med Industries.
The company would also make inroads with Home Depot, which in 1997 began offering Real-Kill as it opening price point brand, as well as recognizing United Industries' lawn and garden offerings by naming the company its Partner of the Year.
With the dawn of 1997 came another healthcare buy, Cho-Pat, Inc., a trademarked designer and manufacturer of orthopedic devices sold mostly to the sports-medicine market.
1998: Assets are valued at more than $1 billion for the first time.
In November 1999, United Industries installed a new management team headed by Robert L. Caulk, named president and chief executive officer.
1999: The company sold to Thomas H. Lee Partners.
1999: Jordan buys 20 companies in a matter of months; revenues top $776 million.
Jordan Industries in 2000 was still researching and seeking out private companies for possible acquisition.
2000: Company breaks with tradition and sells telecommunications division to Emerson Electronics.
As a result of its recent spate of acquisitions, United Industries grew its annual sales to $520 million, from $297 million in 2001.
Later in 2002, United Industries paid $19.5 million in cash to acquire WPC Brands, a Wisconsin company that manufactured Repel, an insect repellent, as well as other outdoor health and safety products.
United Industries moved into a new 80,000-square-feet corporate headquarters in St Louis in 2003.
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STEP Industries, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Package Right | 2015 | $21.3M | 39 | - |
| Lafayette Industries | 1976 | $3.4M | 37 | - |
| Aaron Thomas | 1973 | $35.4M | 100 | 1 |
| Packaging Unlimited | 1975 | $51.0M | 350 | - |
| Lonsdale Packaging | - | $1.3M | 7 | - |
| HF Group | 1821 | $21.0M | 40 | - |
| Dallas Lighthouse For The Blind | - | $50.0M | 220 | - |
| HASA | 1926 | $10.0M | 75 | - |
| Pittsburgh Glass Center | 2001 | $5.0M | 29 | - |
| GenPac | 1982 | $12.0M | 50 | - |
STEP Industries, Inc. history FAQs
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STEP Industries, Inc. may also be known as or be related to STEP INDUSTRIES INC and STEP Industries, Inc.