by ideakraft | Feb 22, 2019
Company goes public; sells 275,000 shares over the counter at $11.50 per share. Shareholders approve Universal merger with Dover Corporation of New York City, NY. MEA production expands; awarded IBM contract to assembly thick film substrate for a new phase of...
by ideakraft | Feb 22, 2019
Licensed authorization of design features from IBM and United Shoe Machines’ Dynapert Division allows Universal to manufacture printed circuit board insertion equipment. 1st sale of Universal’s insertion equipment to Remington Rand Univac at Utica, NY credited to...
by ideakraft | Feb 22, 2019
Universal engineers and IBM (Kingston) specialists devised a method of preparing axial lead components for IBM’s printed circuit board assembly. The “taping machine” was born and opened the door for Universal’s electronic component equipment...
by ideakraft | Feb 21, 2019
War material production increases, greater demands placed on the Company’s modest resources; staff doubles work hours to meet customers’ demands. Joseph F. Ahearn elected president of company, but succumbs to illness in 1947; J. Donald Ahearn (Joseph’s son) is elected...
by ideakraft | Feb 7, 2019
Universal’s tool and die talents were pressed to answer New York State’s small arms manufacturers’ demands for gauges and fixtures (such as Ithaca Gun, Buffalo Arms, and General Motors) Other defense contractors such as IBM, Bendix-Scintilla, Eclipse Machine,...
