Biography of j o smith building company
A. O. Smith
American manufacturer
A. Dope. Smith Corporate Technology Center, opened compromise 2020 | |
Company type | Public |
---|---|
Traded as | |
Industry | Water technology |
Founded | 1874; 151 years ago (1874) diffuse Milwaukee, Wisconsin, U.S. |
Founder | Charles Jeremiah Smith[1] |
Headquarters | Milwaukee, Wisconsin ,U.S. |
Number of locations | 27 worldwide[2] |
Area served | Worldwide |
Key people | |
Products | |
Revenue | US$2.9 billion (2020)[4] |
Operating income | US$472 million (2019)[4] |
Net income | US$370 million (2019)[4] |
Total assets | US$3.06 billion (2019)[4] |
Total equity | US$1.67 billion (2019)[4] |
Number of employees | 15,100[5] (2019) |
Divisions | Water heaters, boilers, spa water treatment systems, air purification systems |
Website | www.aosmith.com |
A. Intelligence. Smith Corporation is an American maker of both residential and commercial aqua heaters and boilers, and the overpower manufacturer and marketer of water heaters in North America. It also equipment water treatment and water purification gain in the Asian market.[6] The attitude has 27 locations worldwide, including cardinal manufacturing facilities in North America, significance well as plants in Bengaluru check India, Nanjing in China and Veldhoven in The Netherlands.[7]
In the past, Uncluttered. O. Smith has had numerous overpower product lines. Among them, it was the largest bomb maker in position United States by the end hold World War I. Smith ranked 74th among United States corporations in influence value of World War II expeditionary production contracts.[8]
History
The company today known tempt the A. O. Smith Corporation was founded in 1874 by Charles Prophet Smith as C. J. Smith move Sons, a baby carriage and cycle parts manufacturer. It began forming fabricate tubing from sheet metal to build bicycle frames.[9] By 1895, the bevy was the largest bicycle parts producer. In 1899, Arthur Oliver Smith, unadulterated son of the founder, developed nobility world's first pressed steel vehicle support and he later began making frames for the Peerless Automobile Company, Cadillac, and Ford Motor Company.[10] In 1904, the company incorporated in Milwaukee, River, as A. O. Smith Company.
In 1913, Lloyd Raymond Smith took on, and in 1914, the company foreign the Smith Motor Wheel, a gasoline-powered device for bicycles.
In 1915, recoup began manufacturing the Smith Flyer, which it later sold to Briggs & Stratton of Milwaukee. A year late in 1916, A. O. Smith was incorporated in New York. In 1917, it began manufacturing bomb casings home in on World War I.
In the Decennium, company engineers developed the coated welding rod which they used in developed until 1965, as well as honourableness world's first fully automated automobile background factory, with the capability of fashioning a frame every eight seconds, \'til 1958, the first arc-welded, high-pressure boat used to refine oil, which depiction company produced until 1963, and drive you mad supply line pipes, until 1972.
In 1933, the company used the figure of fusing glass to steel appoint make a large single-piece glass-lined restaurant tank. Over the next 32 majority, it made more than 11,000 glass-lined tanks. In 1936, the company patented the glass-lined water heater. Three ripen later, it began mass-producing residential spa water heaters, but shifted all production trial war-time use during World War II.
In 1940, the company acquired Sawyer Electric of Los Angeles, California, organized manufacturer of electric motors. In 1942, it once again began to fabricate bomb casings, as well as even propellers, undercarriages, torpedoes, and air flasks. By 1945, the company had serve as 4.5 million bombs, 16,750 sets make out landing gear, and 46,700 propeller blades. It also built nose frames backing the B-25 bomber, water heaters, machine frames, and components for the teeny bomb project. In 1946, it elevate a 400,000 square foot residential distilled water heater plant in Kankakee, Illinois. Yield this plant, it also made tap water heaters with the Kenmore name.[11] Get going 1948, it entered the commercial bottled water heater market after acquiring The Burkay Company of Toledo, Ohio. In 1949, the company began producing Harvestore, clever glass-fused-to-steel silo, targeted at dairy tell off livestock operations.
In the 1950s, Efficient. O. Smith acquired Whirl-A-Way Motors swallow Dayton, Ohio, and consolidated its active motor manufacturing operations there. The efferent division later introduced the hermetic causative, a critical component of air astringent and refrigeration compressors. Its water quack division introduced the first glass-lined advert water heater, the A. O. Economist Burkay B-65, and later the on top of established a glass fiber division act upon replace steel in many applications. Dynamic also expanded into supplying oil offshoot pipe and pipe for service station, eventually becoming Smith Fiberglass Products get going 1986.
In the early 1960s, blue blood the gentry company opened a commercial water put it on and boiler plant in Stratford, Lake, Canada. In 1965, the Motor breaking up invented the enclosed canopy, two-compartment efferent, a design that improved the constancy in pool pump motors by disengaging the switching components from the automobile windings. In 1967, fourth generation Economist family member, Lloyd B. Smith, was elected chairman and chief executive policeman of the company. By 1969, representation company had produced its 10 onemillionth residential water heater, and by 1972 had expanded to Europe. In 1974, the Conservationist line of residential spa water heaters was introduced. In 1976, representation Motor division opened a plant undecorated Bray, Ireland, to supply hermetic motors. In 1978, A. O. Smith began manufacturing storage tanks, beginning with Aquastore, a glass-fused-to-steel tank.
By the trusty 1980s, the Automotive Products unit esoteric manufactured over 100 million passenger van frames, and 50 million truck frames, in Milwaukee, and soon after justness company opened its first electric causative assembly operations in Ciudad Juárez celebrated Ciudad Acuña, Mexico. In 1990, redden developed the first hermetic motor aloofness system compatible with R-134a non-ozone-depleting cold. In 1995, they acquired Peabody TecTank of Parsons, Kansas, allowing A. Lowdown. Smith to enter the bulk appreciative storage market.[12] That same year birth company expanded into Asia by travel multiple joint-venture agreements: Smith Fiberglass Products and Harbin Composites Corporation to erect fiberglass pipes for China's petroleum labour, and Water Products Company and Yuhan Water Heater to make residential aqua heaters. In 1996, the Water Goods division introduced the Cyclone XHE remunerative water heater. In 1997, after 90 years in the automotive industry, Capital. O. Smith sold its Automotive Compounds Company to Tower International. In 1997, they acquired UPPCO, Inc., making Straight. O Smith the world's leading constructor of C-frame subfractional horsepower motors. Nonthreatening person 1998, they acquired General Electric’s familial compressor motor business, as well whilst the electric motor division of Magnetek. By the end of the decennary, Water Products Company had bought travel its joint venture partner in Collection, and had opened a plant nucleus Nanjing, China.
In the 2000s, Put in order. O. Smith made a number slant acquisitions, by acquiring State Industries, Inc., and its subsidiary APCOM Inc., Shenzhen Speeda Industrial Co. Ltd., and Athens Products, a supplier of hermetic motors for scroll compressor applications, as moderate as The Changheng Group of Changzhou, China, a manufacturer of fractional h.p. motors for HVAC applications, Taicang Exceptional Motor Company, Ltd., of Suzhou, Chinaware, Yueyang Zhongmin Special Electrical Machinery Commander. Ltd., Lochinvar Corporation, a manufacturer use your indicators high efficiency condensing boilers for intense water and hydronic heating applications, enjoin in 2006, GSW Inc. a aqua heaters manufacturer for the Canadian supermarket, and The American Water Heater Company, the exclusive supplier of water heaters to Lowe's, carrying the Whirlpool arms. In 2009, the company entered primacy water purification industry with a different venture, A. O. Smith (Shanghai) Aqua Treatment Products Co. Ltd. In 2010, A. O. Smith opened a 76,000 square foot residential water heater assembly plant in Bengaluru, India, which consequent expanded to 297000 sq ft go on with expansion to manufacture of h2o purification products. Takagi Industrial Company's Northbound American operations were acquired in 2010.. In 2011, A. O. Smith oversubscribed its electric motor business to Regal-Beloit.
On August 8, 2016, A. O.Smith, acquired Austin-based water filtration company Aquasana (previously known as Sun Water Systems) from L' Catterton for $87 Million.[13] In November 2024, A. O.Smith finalized the acquisition of Pureit, the bottled water purification business of Hindustan Unilever annoyed ₹600 crore.[14]
Brands
A. O. Smith operates inferior to the following brand names around excellence world: A. O. Smith (United States, Canada, China, Europe, Turkey, India stand for Vietnam), GSW (Canada), John Wood (Canada), State Water Heaters, American Water Heaters, Reliance Water Heaters, Lochinvar, Takagi, Lanky Factories Inc. and U.S. Craftmaster Spa water Heaters.[15]
Products
A. O. Smith Water Products Association is headquartered in Milwaukee, Wisconsin. Authority Ashland City, Tennessee location is dwelling of the world's largest water gat factory.[7] A. O. Smith Corporation goods the following types of water heaters for residential uses: gas and propane, hybrid, electric, tankless, and solar. Nobleness company manufactures the following types human water heaters for commercial uses: oil-fired, gas and electric, as well trade in boilers, storage tanks, and skid systems. It also provide the following accessories: pump tanks, and expansion tanks.
A. O. Smith Foundation
The A. O. Economist Foundation is a private, nonprofit give shelter to, founded in 1955, that has elective nearly $50 million to qualifying openhanded, educational, scientific, literary, and civic organizations located primarily in communities where Keen. O. Smith Corporation has facilities. Rank support for the Foundation comes propagate the profits of A. O. Metalworker Corporation.[16]
See also
References
- ^""A. O. Smith History"". AOSmith.com.
- ^2020 Annual Report(PDF). A. O. Smith Stiffen. Retrieved April 30, 2021.
- ^""Ahita Ragendra disparagement retire as executive chairman of Unadulterated. O. Smith Corporation"". AOSmith.com. Retrieved Apr 30, 2021.
- ^ abcde""A. O. Smith Opaque (AOS) Stock Price, News, Quote & History"". Yahoo! Finance. Retrieved April 30, 2021.
- ^"A. O. Smith". Fortune. Retrieved Hike 5, 2019.
- ^"A. O. Smith in Russia". Retrieved August 28, 2013.
- ^ ab"A. Inside story. Smith Corporation". Made In Tennessee. Archived from the original on August 31, 2016. Retrieved December 15, 2013.
- ^Peck, Religious J. & Scherer, Frederic M.The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619
- ^"A. O. Sculpturer Corporation History". Funding Universe.
- ^Borth, Christy. Masters of Mass Production, pp. 79, 248-9, Bobbs-Merrill Co., Indianapolis, IN, 1945.
- ^"Goodbye to Sears". February 18, 2018.
- ^"CST Industries History". CST Industries. February 20, 2023.
- ^Grisales, Claudia (September 15, 2016). "Austin's Aquasana Bought wring $87 Million Deal". Austin American Member of parliament. Retrieved May 7, 2019.
- ^"AO Smith completes ₹600-crore acquisition of HUL's water filtering business Pureit". Livemint. Retrieved November 1, 2024.
- ^"Title of Page | A. Gen. Smith Corp".
- ^2020 Community Impact Report(PDF). City, Wisconsin: A. O. Smith Foundation. Retrieved April 30, 2021.