• Company goes public; sells 275,000 shares over the counter at $11.50 per share.
  • Shareholders approve Universal merger with Dover Corporation of New York City, NY.
  • MEA production expands; awarded IBM contract to assembly thick film substrate for a new phase of computers.
  • First & second overseas offices open to market products to Germany and central Europe.
  • Sale of a Sequencer and a Dual Head VCD inserter to Standard Telephone and Cable Party Ltd. opens Australian market.
  • 72-station mixed DIP machine shipped to Hughes Aircraft, Fullerton, CA; establishing our long-standing relationship within the aviation market.
  • Man-U-Sert and Mod-U-Sert machines introduced at NEPCON/East trade show in Philadelphia, PA.
  • Record hiring of 433 employees brings headcount to over 800.