[Heathkit] Does Heathkit Still Exist?

[Robert Nickels]

john wrote:
> And Heath Zenith sells wireless doorbell equipment in Lowes stores....
>
Yeah, but, that's not the same company.  You'll recall that Zenith 
acquired Heath Corporation in 1979, then later formed Zenith Data 
Systems for the computer business.  Along that same time they also 
formed "Heath/Zenith" which was sold to DESA LLC in Febr. 1998.  Per a 
10-Q filed at that time:

"On  February  4,  1998,  the  Company  purchased  all of the issued and 
outstanding  stock of Heath  Holding  Corp.  ("Heath/Zenith")  for an  
aggregate
purchase price of  $42,365,000.  The purchase price  consisted of 
$40,365,000 in cash and a $2,000,000 junior subordinated note payable.  
Heath/Zenith is engaged in the  manufacturing  and distribution of 
motion-sensor  lighting  products and wireless  home-controlled  
devices,  all of which are included in the  Specialty
Products  segment of the Company" .   More information about DESA is 
available at www.desaint.com.

The Heath company we all remember(incorporated in 1926) lives on in the 
form of Heathkit Educational Systems, which has relocated to Benton 
Harbor (the Hilltop Road plant from the good old days is in St. Joseph), 
and according to a business reporting service, has 24 employees and 20 
million in 2006 sales.  The company still owns the "Heathkit" name and 
logo, Lori Marciniak is President.

73, Bob W9RAN