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BUSINESS
July 26, 1994
Special Devices Inc., a Newhall-based maker of pyrotechnic devices used in automotive air bags and tactical missile systems, has agreed to acquire all the assets and operations of a Chicago-area manufacturing company. Special Devices said the purchase price for Scot Inc. will be about $5 million. Scot designs and manufactures aircraft crew escape components and life support equipment that are activated with pyrotechnic mechanisms, including an automatic parachute release used by the U.S.
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CALIFORNIA | LOCAL
October 10, 2000 | BARBARA MURPHY
Special Devices Inc. in Moorpark, which designs pyrotechnic devices for the aerospace and automotive industries, has completed the divestiture of its subsidiary Scot Inc. to an investor group. Scot, located in Downers Grove, Ill., manufactures pyrotechnic devices for the aerospace and defense industries. Special Devices is a privately held corporation whose principal shareholders are affiliates of J. F. Lehman & Co.
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CALIFORNIA | LOCAL
October 10, 2000 | BARBARA MURPHY
Special Devices Inc. in Moorpark, which designs pyrotechnic devices for the aerospace and automotive industries, has completed the divestiture of its subsidiary Scot Inc. to an investor group. Scot, located in Downers Grove, Ill., manufactures pyrotechnic devices for the aerospace and defense industries. Special Devices is a privately held corporation whose principal shareholders are affiliates of J. F. Lehman & Co.
CALIFORNIA | LOCAL
September 5, 2000 | RODNEY BOSCH
Special Devices Inc. in Moorpark, which manufactures pyrotechnic devices for the aerospace and automotive industries, reached an agreement to sell its subsidiary Scot Inc. to J.F. Lehman & Co., an investor group based in New York. Scot, located in Downers Grove, Ill., manufactures pyrotechnic devices for the aerospace and defense industries. The transaction was approved last week by the SDI board of directors.
CALIFORNIA | LOCAL
September 5, 2000 | RODNEY BOSCH
Special Devices Inc. in Moorpark, which manufactures pyrotechnic devices for the aerospace and automotive industries, reached an agreement to sell its subsidiary Scot Inc. to J.F. Lehman & Co., an investor group based in New York. Scot, located in Downers Grove, Ill., manufactures pyrotechnic devices for the aerospace and defense industries. The transaction was approved last week by the SDI board of directors.
BUSINESS
December 20, 1994
Special Devices Inc., a Newhall-based manufacturer of trigger devices for the automotive and aerospace industries, reported a 63% jump in earnings for the company's fiscal fourth quarter that ended Oct. 31. Profits in the fourth quarter totaled $1.08 million, compared with $662,000 in the same quarter a year earlier. Fourth-quarter sales increased to $19.8 million, up 53% from $12.9 million a year earlier. For the fiscal year, Special Devices reported net income of $3.17 million on sales of $64.
BUSINESS
July 26, 1994
Special Devices Inc., a Newhall-based maker of pyrotechnic devices used in automotive air bags and tactical missile systems, has agreed to acquire all the assets and operations of a Chicago-area manufacturing company. Special Devices said the purchase price for Scot Inc. will be about $5 million. Scot designs and manufactures aircraft crew escape components and life support equipment that are activated with pyrotechnic mechanisms, including an automatic parachute release used by the U.S.
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