Based in Corpus Christi, Horton Automatics has been designing, manufacturing and selling automatic doors since , when they developed the first automatic sliding door in America. Its customers include restaurants, hospitals, nursing homes, airports, hotels, casinos, office buildings, convenience stores, retail food stores and government buildings, to mention a few.
TODCO is a world leader in the innovation and manufacturing of a complete line of roll-up doors, swing doors, shutter doors and walkramps for every size and model of truck body and trailer. Founded in , TODCO manufactures and markets upward-acting and swing doors for trucks and transportation vehicles.
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Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Enable or Disable Cookies. The company was also reorganized into three divisions: the original Overhead Door business, vehicular equipment, and specialty products. Dallas Corporation introduced more than 20 new products in , but the company appeared to have attempted to grow too quickly and was left vulnerable when housing starts declined and the truck and trailer industry fell into a slump.
Moreover, the price of hardwood lumber dropped, causing problems for the company's sawmill operations, which became a particular drain on resources. Dallas Corporation quickly moved to sell the sawmills. It also cut back production at some of its plants, including the original operation at Hartford City.
In the second half of the s, Dallas Corporation struggled to find a new identity. It also suffered from some unforeseen problems. A Pennsylvania unit, Heritage Door Co.
The plant was subsequently closed and adversely impacted the company's earnings. Dallas Corporation was also hit with an antitrust case concerning conduct that dated back to the early s. A Florida company, Telectron Inc. Dallas completed one significant acquisition during this period, purchasing Hudson, New York-based W.
McQuire Company in , a move that added loading dock traffics doors and other loading dock equipment, including mechanical or hydraulic dock levelers, seals or shelters, and safety truck restraints. The move into loading dock products, however, was one of the few successes Dallas had in its diversification drive. In late , the company decided to return its focus on the garage-door business and took steps to sell off four units that made hardwood flooring and other residential building products.
As part of a succession plan, there was also a change in leadership. Haugh, who had held the post for 23 years, stepped aside in favor of Brian J.
Bolton, who had worked for the company from to , then left to become president and chief operating officer at Aircondex, Inc. He returned to what had become Dallas Corporation as chief operating officer and director in and prepared to succeed Haugh. Under Bolton, the company discarded the Dallas name and reverted back to Overhead Door. Overhead Door struggled during the recession years of the early s, posting net losses in and Part of the problem was that the company had taken on too much debt during the diversification push a decade earlier.
However, both offerings were put on hold. Although Overhead Door was already burdened by debt, it was an acquisition that all parties believed was necessary to remain competitive in a mature industry that had been undergoing consolidation in recent years. It was also a very good fit, given that Genie was the market leader in residential garage door openers and Overhead Door was the leading maker of residential and commercial garage doors.
Genie also produced home and shop vacuums, which Overhead Door elected to retain, in keeping with its history of allowing acquisitions to operate as stand-alone businesses. Genie's management team also remained in place.
The history of Genie dated back to and the founding of Alliance Manufacturing Company, named after the city its was based in--Alliance, Ohio. The company possessed strong electrical engineering capabilities which it used to produce a wide variety of consumer, industrial, and military products.
In , to take advantage of the post-World War II housing boom, Alliance entered the garage door market by producing the first mass-produced, radio-controlled residential garage door opener.
It called the product Genie. Within a year, Genie became the company's principal product line, although during the s the company continued to make such items as electric toothbrushes, kitchen appliances, and rotating television antennas. Genie also continued to be an innovator in the garage door industry.
In , it introduced the first screw-drive opener, and later in the s it produced a split rail garage door that could be shipped unassembled for the do-it-yourself market.
Along the way, Genie also replaced chain drives with quieter screw mechanisms and developed security features. In , the company diversified by adding home and shop vacuums and two years later introduced a trash compactor.
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