The Heath Company was originally founded as an aircraft company in 1912 by Edward Bayard Heath.
Heath died during a 1931 test flight.
In 1935 Howard Anthony purchased the then-bankrupt
Heath Company, and focused on selling accessories for small aircraft.
After World War II, Anthony decided that entering the electronics industry was a good idea, and bought a large stock of surplus wartime electronic parts with the intention of building kits with them.
In 1947, Heath introduced its first electronic kit, the O1 oscilloscope that sold for US $50.
After the death of Howard Anthony in 1954, Heath was bought by Daystrom Company.
Daystrom was absorbed by oil field service company Schlumberger Limited in 1962.
Zenith Radio Company bought Heath Company from Schlumberger in 1979.
When Zenith eventually sold ZDS to Groupe Bull in 1989, Heathkit was included in the deal.
On March 30, 1992, the end came. Heath announced that it was closing out its kits and leaving the business
after 45 years, an event important enough to a number of people that it was reported on the front page of the New York Times.
The company, then known as Heathkit Educational Systems, announced in 2011 that they were reentering the kit business after a 20 year hiatus.
The company filed for bankruptcy and ceased all operations in 2012