Gardner Denver, Inc., founded in 1993, but with a history going back to the 1850s, is a company that designs, manufactures, and globally markets engineered industrial machinery and related parts and services. Based in Wayne, Pennsylvania, it operates in two segments, Industrial Products Group and Engineered Products Group.[3]
The Industrial Products Group segment offers rotary screw, reciprocating, and sliding vane air and gas compressors; positive displacement, centrifugal, and side channel blowers; and vacuum pumps for use in manufacturing, transportation and general industry, and original equipment manufacturer (OEM) and engineered system applications. This segment also markets and services complementary ancillary products.
The Engineered Products Group segment designs, manufactures, markets, and services pumps, compressors, liquid-ring vacuum pumps, reciprocating pumps, diaphragm vacuum pumps, water jetting systems, and related aftermarket parts used in oil and natural gas well-drilling, servicing, and production, as well as in medical and laboratory, and industrial cleaning and maintenance. It also offers liquid-ring pumps for various applications, such as water removal, distilling, reacting, flare gas recovery, efficiency improvement, lifting and handling, and filtering, principally in the pulp and paper, industrial manufacturing, petrochemical, and power industries. In addition, this segment designs, manufactures, markets, and services other fluid transfer components and equipment, including loading arms, swivel joints, storage tank equipment, dry-break couplers, and tank truck systems for the chemical, petroleum, and food industries. The company sells its products through independent distributors,[4] sales representatives, as well as directly to Original equipment manufacturers (OEMs), engineering firms, packagers, and end users.
History [edit]
- 1859 The Gardner Governor Company, founded by Robert Gardner, introduces the first effective speed controls for steam engines. This innovation, known as the flyball governor, helped pave the way to later production of other industrial products such as air compressors.
- 1927 The company merges with the Denver Rock Drill Company and became Gardner-Denver.
- 1959 During the postwar period of growth, Gardner-Denver makes a number of acquisitions, including the CycloBlower Company, a manufacturer of helical screw blowers.
- 1979 It is acquired by Cooper Industries, Inc. (Cooper) and operates as ten unincorporated divisions.
- 1985 Two of these divisions, the Gardner-Denver Air Compressor Division and the Petroleum Equipment Division, are combined to form the Gardner-Denver Industrial Machinery Division.
- 1987 Cooper acquires the Sutorbilt and DuroFlow blower product lines and the Joy industrial compressor product line, which are also consolidated into the division.
- December 31, 1993 Cooper transfers the assets and liabilities of the Industrial Machinery Division to the Gardner-Denver Company, formed as a wholly owned subsidiary of Cooper.
- April 15, 1994 The Gardner-Denver Company is spun off as an independent company to the Cooper shareholders.
- January 1998 Gardner-Denver acquires Princeton, Illinois-based Champion Pneumatic and Fort Worth, Texas-based Geological Equipment.
- September 2001 It acquires UK compressor manufacturer Hamworthy, Belliss & Morcom from Powell Duffryn Group for £21 million.[5]
- 2009 Gardner Denver, Inc. marks its sesquicentennial (its 150 years) as a company.
See also [edit]
References [edit]
External links [edit]
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Fortune 500
corporations
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Fortune 1000
corporations
(by size–2010) |
Companies listed above, plus:
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Other major private and
public companies
(alphabetically) |
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| Related topics |
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- Altendorf
- Apex Tool Group (Gardner Denver)
- Bosch (Dremel, Hawera, RotoZip, Skil)
- Chang Type Industrial Co., Ltd. (Delta Machinery)
- Emerson (Ridgid)
- Fein
- Festool
- Flex-Elektrowerkzeuge
- Harbor Freight Tools
- Hilti
- Hitachi
- Husqvarna (McCulloch, Poulan)
- Ingersoll Rand
- Mafell
- Makita (Dolmar)
- Metabo
- Panasonic
- Illinois Tool Works (Miller, Paslode)
- SawStop
- Stanley Black & Decker (Bostitch, DeVilbiss Air Power, DeWalt, Porter-Cable, Virax)
- Stihl
- Techtronic Industries (AEG, Homelite, Milwaukee, Ryobi)
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US$2.37 billion (FY 2011)[2]
