GENICOM |
From 1982 to 2003, GENICOM was a leading manufacturer of printers.
=The GE Years=
In 1954, General Electric (GE) decided to decentralize the company into separate business units. After reorganizing the motors and controls groups, several products remained that did not fit into the new groups- these leftovers were formed into the Specialty Control Department. A decision was made to build a new plant plant in Waynesboro, Virginia for Specialty Control with Dr. Louis T. Rader as General Manager. $3.5 million was used to purchase 75 acres and move 145 families from Schenectady, PA. The plant was built on the site of the original 1927 Waynesboro airport (the original hangar building is still in place). About 400 local residents were hired in the first year.
=GENICOM=
In 1982, GE sold the printer and relays groups and the company was formed as the GENICOM Corporation. In the 1980 s, the GENICOM headquarters was moved to Chantilly, Virginia. The 1987 purchase of Centronics added the 350 series dot matrix printers and the LineWriter series of band printers to their product line. Over the years, GENICOM expanded by purchasing several companies, including the Digital Equipment Corporation printer business and the Texas Instruments printer business. In 1997, the relays group was sold to CII Technologies.
=TallyGenicom=
In 2003, GENICOM and Tally Ltd merged to form TallyGenicom (TG).
=Aquisitions=
It is of interest to note the various businesses that GENICOM was built upon:
=References=
[http://www.egr.vcu.edu/egr/rader_paper/egr-rader_pub.html Louis T Rader papers at VCU]|
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