Safeguard was founded as Lancaster Corporation
1953 Safeguard Scientifics was founded as the Lancaster Corporation by Warren V. “Pete” Musser and Frank A. Diamond as a holding company with the express…
Posted by
1953 Safeguard Scientifics was founded as the Lancaster Corporation by Warren V. “Pete” Musser and Frank A. Diamond as a holding company with the express…
Posted by
1955 Lancaster Corporation purchased the majority of shares in Safe-Guard Corporation, a 42-year-old manufacturer of business machines and home products that for many years enjoyed…
Posted by
1955 Lancaster Corporation deployed capital in Jerrold Electronics Corporation of Philadelphia, a fledgling electronics company that was founded by Milton Jerrold Shapp in 1950 with…
Posted by
1963 Lancaster Corporation sold its majority share of American Cable Systems to Ralph Roberts, who built the business into what today is known as Comcast.…
Posted by
1965 In the midst of a growing automotive-owning populous, Lancaster Corporation recognized the lucrative possibilities in the automotive replacement parts market. With that, Safeguard Automotive…
Posted by
1966 Over time, Lancaster Corporation built undeniably strong brand equity around the Safeguard Corporation name. So strong was this brand equity that in 1966, Lancaster…
Posted by
1966 Safeguard Industries’ executives looked beyond the profitability of Safeguard’s work to its significant socio-economic implications. This dual focus on propelling profit and socioeconomic transformation…
Posted by
1968 In 1967, Safeguard Industries applied for listing on the American Stock Exchange (AMEX). Its application was accepted in June of 1968, and the company’s…
Posted by
1969 By 1969, Safeguard Industries had grown to five operating divisions: Safeguard Information Systems Group, Safeguard Marketing Services Group, Safeguard Precision Products Group, Safeguard Financial…
Posted by