In 1947, Heath introduced its first electronic kit, the O1 oscilloscope with 5 inch diameter cathode ray tube display (CRT) that sold for US$39.50 (equivalent to $518 in 2022) – the price was unbeatable at the time, and the oscilloscope went on to be a huge seller. After World War II, Anthony decided that entering the electronics industry was a good idea, and bought a large stock of surplus wartime electronic parts with the intention of building kits with them. In 1935, Howard Anthony purchased the then-bankrupt Heath Company, and focused on selling accessories for small aircraft. The company reorganized and moved from Chicago to Niles, Michigan. Starting in 1926 it sold a light aircraft, the Heath Parasol, in kit form. The Heath Company was founded as an aircraft company in 1911 by Edward Bayard Heath with the purchase of Bates Aeroplane Co, soon renamed to E.B. As of 2022, the company has a live website with newly designed products, services, vintage kits, and replacement parts for sale. The company announced in 2011 that they were reentering the kit business after a 20-year hiatus but then filed for bankruptcy in 2012, and under new ownership began restructuring in 2013. The lighting control business was sold around 2000. After closing that business, the Heath Company continued with its products for education, and motion-sensor lighting controls. Heathkit manufactured electronic kits from 1947 until 1992.
The products over the decades have included electronic test equipment, high fidelity home audio equipment, television receivers, amateur radio equipment, robots, electronic ignition conversion modules for early model cars with point style ignitions, and the influential Heath H-8, H-89, and H-11 hobbyist computers, which were sold in kit form for assembly by the purchaser. Heathkit is the brand name of kits and other electronic products produced and marketed by the Heath Company. Oscilloscope OL-1 from 1954, the company's first with a relatively small 3-inch CRT which allowed for a highly competitive price of US$ 29.50 (equivalent to $321 in 2022) for the DIY kit.
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