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American BOA Inc. was incorporated in 1956 and began operations in New York and New Jersey. The company relocated and consolidated operations in 1981 in Cumming, GA.Registered since 1988 as a corporation in Georgia. American BOA is a subsidiary of BOA BKT Gmbh. The BOA group consists of 20 subsidiaries and other major shareholdings across the world. Business Design, manufacture and market products where flexibility, thermal growth or vibration are the primary concern. Primary products manufactured include: Flexible Metal Hoses, Cryogenic & Vacuum Connectors, Engine Exhaust Bellows, Metal Bellows, Expansion joint, Automotive Decoupling Joints, Instrument Bellows and Specialized Fabrications. Markets Served All major industrialized manufacturing processes that require piping and changes in temperature utilize our services and products: Automotive, Power Generation, Cryogenics/Industrial Gases, Solar, Engine Manufacturers, OEM's, Steel Mills/Metals, Vacuum Technology, Chemical/Petrochemical, Water/Waste Water and many more. Cost Cutting in the Automobile Industry In January of 2001 Chrysler imposed a 5 percent price cut on their 1st tier suppliers ArvinMeritor Inc which trickles down to the second tier providers such as American Boa Inc. The raw materials needed for the parts built by companies like American Boa are provided by big steel companies that have the liberty not to take a cut so the smaller middle man companies are the ones who absorb them. Turn Around The company is expected to hit $75 million in revenue for 2012, after sinking to $32 million in 2009 when GM and Chrysler filed bankruptcy. This is attributed to the chief financial officer who joined the company in 2007, Rune Are. Since implementing his turnaround plan, Cumming-based American BOA has seen a 134 percent increase in annual revenues over the past three years. BOA Group History October 25th 1872 Foundation of Henri Ehrmann & Co. Factory for metal cartridges in Karlsruhe / Germany 1898 Patent for "flexible metal tubes with beading folds" (convolutions) Production of bellows and metal hoses for industrial applications Company was the first ever manufacturer of seamless corrugated tubes in the world 1932 Licence production of Titeflex hoses First steel expansion joints instead of tombac ones (as hitherto) Production now includes metal hoses, metal bellows, expansion joints and apparatus for heat economy 1945 until 1949 Renaming in "Industriewerke Karlsruhe AG" (IWK) Patent for a technique for the production of warmly deformed steel bellows 1970 Merger with the company Keller & Knappich in Augsburg / Germany Renaming of the company in "Industriewerke Karlsruhe Augsburg" (IWKA) Divisions: Textile Technique, Expansion Joints and Control Technology, Packaging Machines, Municipal Vehicles, Welding Machines, Machine Tools, Military Technology, Molding and Drawing Technology April 1st 1980 Foundation of "IWK Regler and Kompensatoren GmbH" (Control Systems and Expansion Joints) Relocation of the production plant to Stutensee-Blankenloch near Karlsruhe Products: Control units, devices for measurement, expansion joints, metal bellows and metal hoses 1987 Acquisistion of the companies Tubest S.A. in Fère en Tardenois / France Manufacturer of flexible metal hoses and SFZ in Chassieu near Lyon / France Manufacturer of expansion joints 1990 Acquisition of BOA AG in Rothenburg / Switzerland as well as all subsidiaries and shareholdings in the USA, the Netherlands, France, etc. Manufacturer of expansion joints, metal bellows and metal hoses Foundation of IWKA Regler und Kompensatoren Vertriebs GmbH in Quedlinburg / Germany Assembling of metal hoses 2000 Selling of the control systems division to the Danish Danfoss Group 2001 Renaming of "IWK Regler and Kompensatoren GmbH" in IWKA Balg- und Kompensatorentechnologie GmbH" (Bellows and Expansion Joints Technology) 2002 Takeover of shares of the company Famas S.A. in Lodz / Poland Assembling of metal hoses 2003 Foundation of IWKA South Africa (Pty) Ltd. in Port Elizabeth / South Africa Manufacturer of metal hoses for exhaust systems 2006 IWKA AG (Holding) sells IWKA BKT with all its subsidiaries and shareholdings to the German Private Equity company "Odewald Compagnie für Beteiligungen mbH" in Berlin Renaming of the IWKA BKT GmbH in BOA BKT GmbH Foundation of the BOA Holding GmbH as Holding company for the whole BOA Group 2007 Foundation of sales offices "BBA Kompensatoren und Rohrleitungstechnik Vertriebsgesellschaft mbH" in Vienna / Austria and "BBA Kompenzátory s.r.o." in Pilsen / Czech Republic 2008 Foundation of BOA (Shanghai) Bellows Technology Ltd. in China 2010 Renaming of Tubest Flexible Solutions S.A. in BOA Flexible Solutions S.A.S. Foundation of BOA Flexible Solutions Ltd. in Chertsey/UK AEA Investors LP becomes new shareholder of the BOA Group 2011 Acquisition of Flexial Corp. in Cookeville/TN, USA
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