Carlisle (manufacturer)
Encyclopedia
Carlisle Companies, Inc. is a Charlotte
, North Carolina
-based diversified manufacturing company serving construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, foodservice and data transmission industries.
, Pennsylvania
to sell inner tubes to Montgomery Ward and Company
. With thirty employees working ten-hour days, Carlisle Tire and Rubber Company began producing automobile inner tubes. The Company continued to grow and prosper through the 1920s.
With the Stock Market crash of 1929
and the beginning of the Depression
, Carlisle Tire and Rubber, like most other companies during that era, found itself in a desperate struggle to stay afloat. Near the end of the 1930s, in order to avoid bankruptcy, Moomy turned all of his common and preferred stock over to the Federal Reserve Bank
of Philadelphia which by then, as the largest shareholder
, had control of the company.
The end of the depression and the beginning of World War II
forced changes upon the rubber
industry. Japan
cut off 95% of the natural rubber supply from the East Indies
, forcing Carlisle, along with other companies, to seek other sources. In December 1945, Carlisle began to manufacture inner tubes using synthetic rubber.
Carlisle Tire and Rubber Company was purchased in 1943 by Pharis Tire and Rubber Company for $330,000. But significant losses followed and in 1949, the Board of Directors decided to liquidate the company. All Carlisle stock was distributed to the Pharis stockholders and the company was officially renamed Carlisle Corporation. During the 1950s and 1960s Carlisle began to acquire a variety of other companies diversifying their product mix to include roofing materials, insulated wire and baby food jar sealant rings. By the end of the 1960s, Carlisle was producing aerospace and electronic products, recreational tires, automotive accessories and brake linings as well as other divergent products.
Charlotte, North Carolina
Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...
, North Carolina
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...
-based diversified manufacturing company serving construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, foodservice and data transmission industries.
Company history
Carlisle Companies Incorporated began in 1917, when Charles S. Moomy opened Carlisle Tire and Rubber Company in CarlisleCarlisle, Pennsylvania
Carlisle is a borough in and the county seat of Cumberland County, Pennsylvania, United States. The name is traditionally pronounced with emphasis on the second syllable. Carlisle is located within the Cumberland Valley, a highly productive agricultural region. As of the 2010 census, the borough...
, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
to sell inner tubes to Montgomery Ward and Company
Montgomery Ward
Montgomery Ward is an online retailer that carries the same name as the former American department store chain, founded as the world's #1 mail order business in 1872 by Aaron Montgomery Ward, and which went out of business in 2001...
. With thirty employees working ten-hour days, Carlisle Tire and Rubber Company began producing automobile inner tubes. The Company continued to grow and prosper through the 1920s.
With the Stock Market crash of 1929
Wall Street Crash of 1929
The Wall Street Crash of 1929 , also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout...
and the beginning of the Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...
, Carlisle Tire and Rubber, like most other companies during that era, found itself in a desperate struggle to stay afloat. Near the end of the 1930s, in order to avoid bankruptcy, Moomy turned all of his common and preferred stock over to the Federal Reserve Bank
Federal Reserve Bank
The twelve Federal Reserve Banks form a major part of the Federal Reserve System, the central banking system of the United States. The twelve federal reserve banks together divide the nation into twelve Federal Reserve Districts, the twelve banking districts created by the Federal Reserve Act of...
of Philadelphia which by then, as the largest shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
, had control of the company.
The end of the depression and the beginning of World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
forced changes upon the rubber
Rubber
Natural rubber, also called India rubber or caoutchouc, is an elastomer that was originally derived from latex, a milky colloid produced by some plants. The plants would be ‘tapped’, that is, an incision made into the bark of the tree and the sticky, milk colored latex sap collected and refined...
industry. Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
cut off 95% of the natural rubber supply from the East Indies
East Indies
East Indies is a term used by Europeans from the 16th century onwards to identify what is now known as Indian subcontinent or South Asia, Southeastern Asia, and the islands of Oceania, including the Malay Archipelago and the Philippines...
, forcing Carlisle, along with other companies, to seek other sources. In December 1945, Carlisle began to manufacture inner tubes using synthetic rubber.
Carlisle Tire and Rubber Company was purchased in 1943 by Pharis Tire and Rubber Company for $330,000. But significant losses followed and in 1949, the Board of Directors decided to liquidate the company. All Carlisle stock was distributed to the Pharis stockholders and the company was officially renamed Carlisle Corporation. During the 1950s and 1960s Carlisle began to acquire a variety of other companies diversifying their product mix to include roofing materials, insulated wire and baby food jar sealant rings. By the end of the 1960s, Carlisle was producing aerospace and electronic products, recreational tires, automotive accessories and brake linings as well as other divergent products.
History of acquisitions
- 10/05 ArvinMeritor Equipment for the manufacture of off-highway braking systems
- 07/05 Zhejiang Kete Heavy-duty brake linings and brake shoes
- 07/04 Trintex Corporation Semi-pneumatic tires and wheels for lawn and garden and industrial markets
- 06/03 Flo-Pac Manufacturer of brooms, brushes and cleaning tools
- 10/02 MiraDri Waterproofing solutions for commercial and residential applications
- 08/01 Dayco Power Transmission Rubber belts and accessories for industrial power transmission applications
- 03/01 Connecting Devices,Inc. Designer and manufacturer of RF/microwave connectors and cable assemblies
- 03/01 Wincanton Engineering Ltd. Cheese processing equipment for the European market
- 01/01 EcoStar, Inc. Manufacturer of premium steep-slope roofing products
- 01/01 Stork Friesland Evaporators and spray dryers for milk powder plants in the dairy and food processing industries.
- 01/01 Paramount Plastics Injection molded automotive components
- 01/01 Scheffers Equipment for dairy powder manufacturing
- 09/00 Red River Mfg. Manufacturer of custom trailers & related paving apparatus for highway construction & trailers for other hauling industries
- 07/00 Bontech Engineering Supplier of drying technology and plants to the feed, food, dairy, chemical, pharmaceutical and biochemical industries
- 07/00 Zimmer Corp. Evaporators that process milk, whey and their by-products; also specializes in the design of high-temperature, aseptic food processing & dairy wastewater systems.
- 06/00 UniTrek Company Specialty cable assemblies sold to OEM's in the wireless communications & electronic test & measurement markets
- 05/00 Process Controls Engineering Software & Control Systems for Cheese, Dairy, Food & Beverage Manufacturing
- 04/00 Titan Consumer Products Division OEM & aftermarket tires & wheels for lawn & garden, ATV & light-duty trailer markets
- 04/00 Extract Technologies Biotechnology & Pharmaceutical Systems
- 04/00 Dura-Ware, Inc. Commercial cookware & servingware
- 02/00 Damrow Global equipment supplier of cheese-making systems
- 01/00 DynAir, Inc. HVAC air duct accessories
- 12/99 CRAGAR Industries, Inc. Specialty steel-based wheels
- 12/99 Marko International, Inc. Manufacturer of table coverings, table skirtings & accessories
- 11/99 Innovative Engineering, Ltd. Equipment supplier for cheese-making systems
- 06/99 Johnson Truck Bodies Fiberglass custom truck bodies for foodservice distribution
- 01/99 Global Manufacturers Stamped steel wheels for OEM & styled steel wheels for automotive aftermarket
- 10/98 Industrial Tire Products Tire & wheel assemblies for the off-highway replacement market
- 09/98 Quality Microwave Interconnects Precision cable assemblies
- 03/98 Vermont Electromagnetics Specialty coaxial cable assemblies & connectors
- 01/98 Hardcast Europe Adhesive & sealing products for European roofing, building & industrial tape markets
- 12/97 Zimmerman Brush Co. Industrial brushes for janitorial & sanitation markets
- 08/97 Tilden Corporation OEM lawn & garden tires & wheels
- 07/97 Conestoga Co. Canadian lawn & garden, trailer & agricultural OEM specialty wheels
- 07/97 Wheeltech Specialty wheel manufacturer
- 05/97 Neilson Wheel OEM lawn & garden wheels & tires
- 04/97 Overland Brakes Spring brakes used on air braked trucks, trailers & buses
- 02/97 Sun Coast Industries Melamine dinnerware
- 10/96 Hartstone Ceramic tableware, cookware & decorative kitchenware
- 10/96 Engineered Plastics Division of Johnson Controls Plastic products for automobile exteriors
- 08/96 Scherping Systems Cheese processing equipment
- 03/96 Intero/Unique Steel & aluminum rims & wheels for auto & trailer aftermarket
- 02/96 Insul-Foam Inc. Roofing products & fleeceback technology
- 10/95 Walker Stainless Equipment Stainless steel tanks for transportation of liquids & in-plant processing
- 09/95 Ti-Brook Dump bodies for trailers
- 06/95 Trail King Specialized equipment trailers
- 03/95 Thunderline Corporation Precision rubber products for transportation markets
- 01/95 Sparta Brush Specialized brushes & cleaning tools
- 06/94 Quaker Construction Products Commercial waterproofing & deck products
- 03/93 Goodyear Roofing Systems EPDM commercial roofing products
- 01/93 ECI Building Components Metal roofing & panels
- 10/92 Altec Remanufactured heavy-duty brake shoes
- 09/91 SiLite Incorporated Foodservice permanentware
- 08/90 Brookpark Plastics Non-proprietary compression molded products
- 08/90 BF Goodrich Off-Highway Braking Systems Dry disc brakes, valves & other components
- 11/89 Roofers Supply Inc. Distributor of roofing supplies
- 06/89 National Friction Products Specialty friction products for industrial applications
Joint venture and equity investments history
- 07/00 Moodyparts Joint venture with Moody PLC to distribute OEM and alternative spare parts to dairy and related process industries
- 06/00 Icopal a/s Investment in a leading European roofing systems producer
- 03/00 Beijing Carlisle Waterproofing Single-ply roofing systems for the Chinese market
- 02/99 Shanghai Carlisle Stainless Equipment Fabricated stainless steel products for the Chinese food, dairy & pharmaceutical markets
- 11/98 Prism Technologies Automotive components
- 03/98 Hunter Panels Manufacturer of premium steep-slope roofing products
- 12/97 Lander-Carlisle Engineered automotive components
- 11/93 Carlisle Leasing International Worldwide leasing of ISO refrigerated containers
- 01/92 Pagid-Carlisle, S.A. Manufacturer of custom trailers & related paving apparatus for highway construction & trailers for other hauling industries
- 09/91 Jolly Tone-Carlisle Acrylic giftware for U.S. distribution
- 08/90 Japan Power Brake Off-highway braking systems for Japanese markets