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Ultra Manufacturing history
Ultra Manufacturing company history timeline
In 1961 the domestic television and radio business was sold and the first Ultra Electronics Ltd. (UEL) was formed.
Dowty PLC acquired Ultra in 1977.
Krupa had developed the 6x12 CD Blister Pack in 1983 for RCA Records; it became widely used by the industry.
Krupa moved on and established Ultra Pac in February 1987 with Twin Cities businessman James A. Thole.
In 1989, CD packaging brought in 57 percent of Ultra Pac's $2.8 million in revenues.
In a January 1991 Corporate Report Minnesota article, Krupa attributed his company's early success in the food packaging market to the recyclability and durability of the product as well as Ultra Pac's rapid response to customers' requests for new designs.
But by 1991 only about 10 percent of sales came from the CD package production.
According to Youngblood, Ultra Pac had 18 production lines mid-year 1992 and was adding two more.
Fiscal year 1993 revenues reached $27.6 million.
Ultra Electronics Holdings PLC was floated on the London Stock Exchange in 1996.
Third quarter earnings, announced in November, were at a record pace for the first nine months of fiscal 1998; analysts expressed optimism about the company's short-term future.
Founded in 2000, QGT is a global leader in sub10nm validated, ultra-high purity outsourced process tool chamber parts cleaning and coating services.
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Ultra Manufacturing may also be known as or be related to Ultra Manufacturing and Ultra Manufacturing Inc.