ABTech Is Founded

August 15, 1997

ABTech Is Founded

ABTech is a family owned business that was founded in 1997 by Ken Abbott. The motto of ABTech is “Pride in Precision,” and they work every day to live up to this. This company focuses equally on producing quality products, and fostering high job quality for their employees.

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Recession

March 1, 2001

Recession

In 2001 there was a terrible recession. ABTech was affected by the semiconductor industry moving off shore.

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NASA Contracts

March 19, 2006

NASA Contracts

NASA scientists challenged ABTech to develop a multifunctional machine that would act as a grinding lathe and an indexing tool for raster grinding and an assembly station. This machine would safely and quickly produce optics for their long-delayed NuSTAR X-ray telescope. About NuSTAR. (n.d.). Retrieved from https://heasarc.gsfc.nasa.gov/d ocs/nustar/nustar_about.html  

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Cuts At NASA

February 15, 2010

Cuts At NASA

President Obama’s 2011 budget request for NASA cut the agency’s Constellation program completely, effectively canceling a five-year, $9 billion effort to build new Orion spacecraft and Ares rockets. This budget was released in February of 2010. Moskowitz, C. (2011, February 14). President Obama Freezes NASA’s Budget at 2010 Levels. Retrieved from https://www.space.com/10845-nasa-2012-budget-announcement-obama.html

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ABTech Begins Supplying GE Aviation

April 16, 2016

ABTech Begins Supplying GE Aviation

In 2016, ABTech began suppling GE Aviation. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft.

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GE Aviation is Affected by Boeing

October 29, 2019

GE Aviation is Affected by Boeing

In 2019, GE Aviation was affected by Boeing’s plane crashes. These troubles indirectly affected ABTech as Boeing likely ordered fewer planes from GE Aviation. At this point, ABTech had to lay off employees.      

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