INDUSTRY Anniversary CELEBRATES 75TH Almo Corporation celebrated their 75th anniversary this year. Here's how they grew from a radio company into a billion-dollar powerhouse and one of the major distributors in the commercial AV industry. By Jonathan Blackwood 1947 Began selling TV replacement parts 1954 Al Margolis passes away, Morrie assumes responsibility and hires controller 1946 1954 Almo Corporation formed 1948 Established a branch network in the Philadelphia area Almo purchases Standard Radio of Maryland to provide repairs to dealers of TVs and radios 1962 Almo Industrial Electronics goes public Morris Green's son-in-law, Gene Chaiken, joins company 1968: Sterling Electronics acquires both Almo companies 26 Commercial Integrator AUGUST 2021 1956 Transistors introduced: puts a boom on the electronics industrial business resulting in Almo's unprecedented growth GENERATION #2 1963 1970 The Green family re-acquires Almo Electronics from Sterling, becomes Almo Electronics Corporation (private) 1978 Enters major appliance business and expands industrial electronics businesses commercialintegrator.com 1968 Sterling Electronics acquires both Almo companies 1973 Morris Green passes away, succeeded by Gene Chaiken as President and CEO ANNIVERSARYhttp://www.commercialintegrator.com