Not until 1940, did San Carlos experience its first big spurt in population growth, growing to 3,520 residents. In 1944, Dalmo-Victor and Ampex Corporation established the city’s first large electronics plant, followed soon after by Eitel-McCullough, owners of Eimac.

Establishment of these two firms was a factor in the quadrupling of San Carlos’s population in the decade after 1940. In 1950, when the population was 14,371, the city boasted a total of 89 industries-wholesalers, manufactures and distributors of a variety of commodities from electronics to cosmetics. By 1958, the electronics industry comprised a substantial segment of the city’s industrial area.

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