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Suggest pagesFederal-Mogul
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| Type | Public (NASDAQ: FDML) |
|---|---|
| Industry | Automotive, Energy, Industrial and Transport powertrain and safety products |
| Founded | 1899 as the Muzzy-Lyon Company |
| Headquarters | Southfield, Michigan, USA |
| Key people | Carl Icahn, Chairman of the Board José Maria Alapont, President & CEO |
| Products | pistons, rings, pins, liners, valve seats and guides, ignition products, bearings, bushings, heatshields, sealing products, transmission components, brake and chassis components, and systems protection products |
| Revenue |  $6.2 billion USD (2010) |
| Operating income | $145.0 million USD (2009) |
| Net income | $161 million USD (2010) |
| Employees | 43,000 (2010) |
| Website | www.federalmogul.com |
Federal-Mogul Corporation is a global automotive supplier based in Southfield, Michigan, USA. It is one of the leading engine-parts suppliers in the United States, including engine bearings, pistons, piston pins, piston rings, cylinder liners, valve seats and guides, transmission products and connecting rods.[1] Federal-Mogul employs some 45,000 people in 34 countries with 107 manufacturing locations, 25 distribution centers and 16 technical centers.[2]
[edit] History
The company began in 1899 as the Muzzy-Lyon Company in Detroit when founders J. Howard Muzzy and Edward F. Lyon went into business together producing mill supplies and rubber goods.[2] Also in 1899, the two formed a subsidiary called Mogul Metal Company to produce bearings made from their own Babbitt metal, an alloy of tin, antimony and copper, under the trademarks "Mogul" and "Duro".[1][2][3] The bearings business proved successful and in the early 1900s became the pair's main concern, with Buick as one of their earliest customers.[2] Federal Bearings & Bushings Co. was founded in 1915 by a group of Detroit businessmen and manufactured bronze bearings.[1] Mogul Metal, Federal and Bower Roller Bearing Co. merged in 1924 to form Federal-Mogul-Bower Bearings, Inc.
In 1932 the company developed a new alloy called C-100, the first new bearing material since the discovery of Babbitt metal, which was refined in 1934 as C-50.[3] In 1955 the company acquired National Motor Bearing Co. and the following year was listed as #350 on the Fortune 500, with total sales of $100 million USD.[4][5] The company was renamed Federal-Mogul Corporation following a merger with Sterling Aluminum Products in April, 1965.[5][6]
In 1981 the company won a claim in the Supreme Court to patent a process for curing rubber based on the mathematical equation written by Swedish chemist Svante Arrhenius in 1889. The US Patent Office had initially rejected Federal-Mogul's claim on the basis that neither a formula, as a law of nature, nor a computer program based on such a formula, could be patented.[7]
In 1998 the company acquired Turner & Newall, a building materials company based in Manchester, UK which had been responsible for the Armley asbestos disaster in Leeds, UK.
The Barcelona branch was closed at the end of the year 2010. Twenty five employees were made redundant from a total headcount of thirty three.
[edit] References
- ^ a b c Klier, Thomas H; Rubenstein, James N. (2008). Who really made your car? Restructuring and geographic change in the auto industry. Kalamazoo, MI: W. E. Upjohn Institute. pp. 68–69. ISBN 9780880993333.
- ^ a b c d Turner, Tyya N. (2005). Vault guide to the top manufacturing employers. New York, NY: Vault Inc. pp. 108–112. ISBN 1581313241.
- ^ a b "1899-1940: Founded on Innovation". Federal-Mogul Corporation. 2011. http://www.federalmogul.com/en/OurCompany/CompanyOverview/History/FoundedonInnovation/. Retrieved 2011-03-06.
- ^ "1956: Full List". Fortune 500. 2011. http://money.cnn.com/magazines/fortune/fortune500_archive/full/1956/301.html. Retrieved 2011-03-06.
- ^ a b "1941-1956: Diversifying for Success". Federal-Mogul Corporation. 2011. http://www.federalmogul.com/en/OurCompany/CompanyOverview/History/DiversifyingforSuccess/. Retrieved 2011-03-06.
- ^ Morton, Hudson T. (1965). Anti-friction Bearings. Ann Arbor, MI: Hudson T. Morton. p. 465.
- ^ "Computer-aided processes are patently confusing". New Scientist 89 (1244): 678. 12 March 2008. ISSN 02624079.
