1955
Lancaster Corporation purchased the majority of shares in Safe-Guard Corporation, a 42-year-old manufacturer of business machines and home products that for many years enjoyed its reputation as a pioneer and leading producer in the field of check-writers. During the war years, Safe-Guard’s sales and production lagged, and the company fell from its position of strength.
With great focus and foresight, Lancaster Corporation enacted an extensive rejuvenation program for Safe-Guard, beginning with redesigning the company’s core product. The company soon reclaimed its leadership position in the field of check-writers, among other office and home products.
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