Kane Magnetics International
1957
Kane
is founded as the magnet division of Stackpole Carbon Company
located in Kane, Pennsylvania, USA.
1995
Kane
changes its name to Kane Magnetics International.
2000
Kane
Magnetics acquires C2B Magnets, Auxonne, France
December 31, 2002
MidMark
Capital, a private equity investment firm, purchases Kane Magnetics
from its previous owners.
April 30, 2004
Kane
Magnetics acquires select magnet operations from Magnequench,
Inc. |
Energy Conversion
Systems (ECS)
1856
Six
Welsh-born Morgan brothers establish the Patent Plumbago Crucible
Company in London, UK.
1880’s
Name
changes to the Morgan Crucible Company.
1906
Electrical
Carbon Brush division of Morgan Crucible is formed.
1970’s
Entered
commutator business. Purchases Korean manufacturing operations.
1980’s
Purchased
Brazilian & Italian manufacturing operations.
1973 -
Midwest
Molding and Manufacturing is acquired.
1966
Manufacturing capacity is established in Dunn, North Carolina.
1992
Entered
into joint venture with Shanghai Electric Motor Company.
2000
New
management team launches Major Business Re-Engineering Initiative.
2001
Acquires
Multicraft International in Mississippi, a systems assembly operation.
June 11, 2004
MidMark
Capital and HSBC Capital (USA) Inc. purchases Morganite from
Morgan Crucible and changes the name to Energy Conversion Systems. |
