started as a dream of Raymond
Bakers back in 1954. It was in that
year that this young
salesman-turned-entrepreneur purchased a
small company that both manufactured and
imported metal hardness testers. Then,
just a short year or so later while on a
business trip in England, he found a
revolutionary new product that he felt
was just what was needed back in the
Statesa clear, nylon braid
reinforced, flexible PVC hose. It
didnt fit the hardness tester
business, so he started a second business
with this new product,
A lot of time has passed since those early days. The Testing Instruments Group, now known as, , has become a world leader in hardness testing instruments. In 2000 it was sold to longtime managers Doug McGhee and Giancarlo Mazzoleni, and in 2008, acquired the company.
Today, NewAge Industries is a multi-million dollar manufacturer of plastic and rubber tubing and hose, and a supplier of fittings, clamps, and accessories for a wide variety of industrial and high purity applications. Now guided by Raymond’s son, Ken Baker, the company has its corporate offices and state-of-the-art manufacturing center in Southampton, PA.
In January 2006, the company became employee owned. Called an ESOP (Employee Stock Ownership Plan), the program involved the selling of a portion of the company, via shares of stock, to the employees as part of their retirement benefits. Today NewAge is 100% employee owned.