Homestead Tool, Inc. began business in December of 1965. This business was started to manufacture molds and tools for the manufacturing of refrigerator components.
In 1970, Homestead Tool added another dimension by creating another business known as Homestead Foundry. This business was created to provide the castings for tools being manufactured by Homestead Tool and later expanded into the automotive industry.
Also in the 1970's the Homestead Companies began producing for AEDC government contracts, manufacturing wind tunnel blades and spacers.
Homestead Products, Inc., known as HPI, was the third business added to the mix in 1982. Through the 1990s, HPI secured an OEM contract with General Motors to manufacture pickup truck bedliners. During that time, "Bed Gard" became a registered trademark. Pickup truck bedliners were also manufactured as OEM for Ford SVO Racing Division and Southeast Toyota in Deerfield Beach, Florida. HPI presently manufactures other products such as egress windows for residential construction, hot tubs, children's playground slides, canoes, rear seat modules for police cars, and other miscellaneous items.
In 1986, the SMC Division was started as a joint venture with Homestead Tool, Inc. and Quantum Components. SMC, or sheet molding compound, is a line capable of producing 40 million pounds a year. This operation produces products such as snowmobile hoods, belly pans, basketball backboards, spoilers, light bridges, tube trays, battery cases, etc. This operation can handle 60-inch wide sheets, considered large capacity for the industry.
In 1988 came the development and operation of "Pultrusion," the opposite of the commonly known term in the plastic industry known as "Extrusion." This operation produces products for the automotive industry and others for material handling.