Federal Signal Corporation

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For the railway signal manufacturer, see Federal Signal Company.
Federal Signal Corporation
Public
Traded as NYSEFSS
Founded 1901
Headquarters Oak Brook, Illinois, United States
Key people
Jennifer Sherman, President & CEO
Revenue Increase$768 million USD (reference: 2015 10K)
Number of employees
~2,800
Website www.federalsignal.com

Federal Signal Corporation is a global corporation with about 2,800 employees located in Oak Brook, Illinois. Federal Signal designs, develops and deploys solutions intended to protect people, property and the environment under brands including Federal Signal, Elgin, Guzzler, Jetstream, Vactor and Victor.[1]

Federal Signal is best known for its variety of emergency lighting, sirens, industrial equipment, and public safety solutions.

Federal Signal was founded in Chicago, Illinois, in 1901 as Federal Electric Co. by John Goehst and James and John Gilchrist.[2] Samuel Insull later acquired the Company. The Company went public in 1969 under the leadership of Robert T. Gilchrist. Currently, the company has 12 manufacturing facilities in six different countries.[3]

History[edit]

Federal Signal was founded as the Federal Electric Company in 1901 by brothers John and James Gilchrist and partner John Goehst, manufacturing and selling store signs lit by incandescent lamps. By 1915, they began manufacturing and selling electrically-operated mechanical sirens (such as the Q Siren and the Model 66 Siren).

During this time, Federal Electric came under the ownership of Commonwealth Edison eventually becoming a part of the utility empire of Samuel Insull.

By the 1950s, the company was manufacturing outdoor warning sirens, including the Thunderbolt series, primarily intended for warning of air raids or fallout during the Cold War. Longtime engineer Earl Gosswiller patented the Beacon-Ray and TwinSonic products, which set the standard for emergency vehicle lightbars.

In 1956, the company became a corporation, renaming itself "Federal Sign and Signal Corporation". By this time, it made outdoor warning sirens, police sirens, fire alarms, and outdoor lighting.

By 1961, Federal Sign and Signal had gone public, trading on the NASDAQ market. In 1976, the company became Federal Signal Corporation.

On Feb 22, 2000, Federal Signal Corporation announced the signing of a definitive agreement for the acquisition of P.C.S. Company ("P.C.S.").[4]

On June 27, 2005, Federal Signal Corporation announced the signing of a joint venture agreement to establish a Chinese company, Federal Signal (Shanghai) Environmental & Sanitary Vehicle Company Limited, based near Shanghai, China.[5]

On February 29, 2016 Federal Signal announced the signing of a definitive agreement for the acquisition of Joe Johnson Equipment and the rights to the name and company.[6]

References[edit]

  1. ^ "Our Companies". Federal Signal. Retrieved 13 May 2016. 
  2. ^ "Federal Signal Corp.". Company Histories. Retrieved 14 May 2015. 
  3. ^ "Who We Are". Federal Signal. Retrieved 14 May 2015. 
  4. ^ "Federal Signal Corporation Announces Acquisition of P.C.S. Company". 
  5. ^ "Federal Signal Corporation Announces Establishment of Federal Signal Environmental & Sanitary Vehicle Company, Ltd". 
  6. ^ "Federal Signal Executes Agreement to Acquire Joe Johnson Equipment". PR Newswire. Retrieved 13 May 2016. 

External links[edit]