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The Heico Companies history
The Heico Companies company history timeline
The firm was founded in 1983 and employed 30 people.
Earnings were $7.6 million in 1986 on sales of $46 million.
The company changed its name from Heinicke Instruments Co. to HEICO Corporation in 1986.
Earnings rose to $7.6 million in the fiscal year ending October 31, 1987.
In 1989 the Mendelson group offered $42 million ($21 per share) for the rest of the company.
In September 1992, Herbert Wertheim of Coral Gables, Florida, raised his stake in the company to 10.2 percent and requested two board seats.
HEICO offered $276 million for Figgie International, which made respirators, in 1997, but was unsuccessful.
"Teleflex Lionel-Dupont passe sous pavillon americain," Echos, June 9, 1998.
Sales were up 43 percent and the company posted record profits in the first quarter of fiscal 1999.
The first of the companies to implement Dynamics 365 was Bartell Machinery Systems, a specialty industrial equipment manufacturer, which went live in February 2020.
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The Heico Companies may also be known as or be related to Heico Companies, The Heico Companies, The Heico Companies L L C, The Heico Companies LLC, The Heico Companies Llc and The Heico Companies, LLC.