COMPANY·HISTORIES
SIC 3567

Industrial Process Furnaces and Ovens

How the companies in this industry began, and the forces that shaped them.

12companies1881–1992founding years12still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedMetallgesellschaft AGFoundedMetallgesellschaft AG
1881
FoundedBinks Sames CorporationFoundedBinks Sames Corporation
1890
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
FoundedGEA AGFoundedGEA AG
1920
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedRaychem CorporationFoundedRaychem Corporation
1957
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
FoundedSemitool, Inc.FoundedSemitool, Inc.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
FoundedThermo Fibertek, Inc.FoundedThermo Fibertek, Inc.
1992
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Metallgesellschaft AG →
Active · founded 1881 · Germany
Metallgesellschaft AG (MG), based in the heart of Frankfurt since its foundation, is a conglomerate providing raw…
Metallgesellschaft AG →
Active · founded 1881 · Germany
Metallgesellschaft AG (MG), based in the heart of Frankfurt since its foundation, is a conglomerate providing raw…
Binks Sames Corporation →
Active · founded 1890
Binks Sames Corporation is a worldwide leader in the design, manufacture, and distribution of spray finishing and…
Binks Sames Corporation →
Active · founded 1890
Binks Sames Corporation is a worldwide leader in the design, manufacture, and distribution of spray finishing and…
GEA AG →
Active · founded 1920 · Germany
GEA AG is one of the world's leading suppliers for food and process engineering, and thermal engineering technology.
GEA AG →
Active · founded 1920 · Germany
GEA AG is one of the world's leading suppliers for food and process engineering, and thermal engineering technology.
Raychem Corporation →
Active · founded 1957
Raychem Corporation is one of the world's largest producers of industrial electronics components, serving such…
Raychem Corporation →
Active · founded 1957
Raychem Corporation is one of the world's largest producers of industrial electronics components, serving such…
Semitool, Inc. →
Active · founded 1979
Semitool, Inc.
Semitool, Inc. →
Active · founded 1979
Semitool, Inc.
Thermo Fibertek, Inc. →
Active · founded 1992
Thermo Fibertek, Inc.
Thermo Fibertek, Inc. →
Active · founded 1992
Thermo Fibertek, Inc.
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