History

1914 Kreisler begins doing business as a fine jewelry manufacturer selling to upscale jewelry and department stores throughout the country. The company was founded on Maiden Lane, New York City, by Marcus Stern and Jacques Kreisler under the name The Stern-Kreisler Jewelry Company.
1915 Tobias Stern, son of Marcus Stern, joins his father in the compnay.
1920 Marcus Stern dies. Jacques Kreisler, Louis Stern and Tobias Stern continue the business.
1928 Tobias Stern and Jacques Kreisler later form Kreisler Manufacturing Coporation.
1932 The great depression hits the jewelry business and the Jacques Kreisler Manufacturing Corp. closes its doors.
1933 Tobias Stern and Jacques Kreisler restart the business of manufacturing watchbands. The business moves to midtown Manhattan and begins selling to jewelry stores and watch companies. Its primary customer is Bulova Watch Company.
1940 Kreisler builds a 72,000 sq. ft. facility in North Bergen, N.J. to reduce the high rent, labor costs and taxes of New York City.
1941-1945 During The War, Kreisler manufactures parts for cathode ray tubes and various war related products including aircraft tube and manifold assemblies. Employee count reaches 1000.
1946 Kreisler resumes manufacturing watchbands in an economy in dire need of consumer goods.
1948 Kreisler expands its product line to include men's and women's jewelry and leather watch straps.
1952 The men's and ladies jewelry line is discontinued and replaced with Colibri by Kreisler lighters. The leather watchstrap business moves from Brooklyn, N.Y. to St. Petersburg, FL. and starts Crest Leather Manufacturing Corp.
1956 The industrial group vacates the North Bergen plant and moves to Paterson N.J.
1958 The industrial group moves to its current 52,000 sq. ft. facility in Elmwood Park N.J.
1960 Kreisler Manufacturing Corporation introduces a new product line of writing instruments.
1968 The company's sales reach $18 million and it goes public in 1969. The $6 million proceeds from the public offering are used to complete the buyout of Jacques Kreisler, pay down bank debt, invest in the business and increase liquidity for the selling shareholders.
1970 Tobias Stern dies in October and the management leadership consists of three individuals. Profits decline. The industrial division loses its major customer. Sales decline, it suffers losses and reduces its work force to 12 employees.
1972 Edward L. Stern, son of Tobias Stern, who started part-time with the company in 1948, becomes president of Kreisler Manufacturing Coproration. Kreisler Industrial regains its major customer.
1975 The jewelry division moves to St. Petersburg, FL. and consolidates its lighter and writing instrument manufacturing with Crest Leather Manufacturing Corporation and opens a separate manufacturing facility for watchbands in Clearwater, FL.
1979 The move is unsuccessful and Kreisler closes its jewelry division under the burden of heavy debt, sky rocketing interest rates and competition from low price imports. Kreisler Industrial Corp. becomes the sole operating subsidiary of Kreisler Manufacturing Corp.
1980 Kreisler Manufacturing Corp. moves into its current corporate offices in St. Petersburg, FL.
1991 Kreisler, in April, is ranked as one of the top fifty strongest companies in America by CFO magazine.
1992 Edmund Sica, President of Kreisler Industrial Corp, retires after 62 years of service with the company.
1994 New operating management is installed and Kreisler Industrial Corp. is totally reorganized under declining market conditions. Michael and Ned Stern, sons of Edward Stern, become vice presidents of operations and administration, respectively.
1997 Kreisler shares reach an all time high of $56 per share. Forbes magazine writes an article on the company's successful turnaround. The stock splits 4 for 1 in December
1998 Tampa Tribune awards Kreisler "Come Back Company Of The Year" and the company receives positive press in Investors Business Daily.
2000 Wallace Kelly joined Kreisler as Executive Vice President and Chief Operating Officer. Kreisler continues its growth path with the addition of new aerospace customers as well as an introductory position into the industrial gas turbine market
2001 Kreisler hits a record sales and profit position with success in the industrial turbine sector