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1914
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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.
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1915
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Tobias Stern, son of Marcus Stern, joins his father in the compnay.
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1920
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Marcus Stern dies. Jacques Kreisler, Louis Stern and Tobias Stern continue the business.
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1928
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Tobias Stern and Jacques Kreisler later form Kreisler Manufacturing Coporation.
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1932
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The great depression hits the jewelry business and the Jacques Kreisler Manufacturing Corp. closes its doors.
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1933
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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.
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1940
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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.
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1941-1945
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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.
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1946
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Kreisler resumes manufacturing watchbands in an economy in dire need of consumer goods.
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1948
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Kreisler expands its product line to include men's and women's jewelry and leather watch straps.
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1952
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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.
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1956
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The industrial group vacates the North Bergen plant and moves to Paterson N.J.
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1958
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The industrial group moves to its current 52,000 sq. ft. facility in Elmwood Park N.J.
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1960
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Kreisler Manufacturing Corporation introduces a new product line of writing instruments.
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1968
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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.
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1970
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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.
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1972
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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.
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1975
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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.
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1979
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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.
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1980
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Kreisler Manufacturing Corp. moves into its current corporate offices in St. Petersburg, FL.
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1991
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Kreisler, in April, is ranked as one of the top fifty strongest companies in America by CFO magazine.
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1992
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Edmund Sica, President of Kreisler Industrial Corp, retires after 62 years of service with the company.
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1994
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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.
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1997
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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
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1998
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Tampa Tribune awards Kreisler "Come Back Company Of The Year" and the company receives
positive press in Investors Business Daily.
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2000
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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
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2001
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Kreisler hits a record sales and profit position with success in the industrial turbine sector
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