FKI
Encyclopedia
FKI is a British
major engineering and manufacturing company headquartered in Loughborough
, Leicestershire
. For many years listed on the London Stock Exchange
and a constituent of the FTSE 250 Index
, but it was taken private by buyout
firm Melrose
in July 2008.
firm Melrose
in July 2008 in a deal worth over £500 million.
manufacturers of mechanical to electrical generation systems, Brush-Barclay and Brush Traction
, both involved in rail locomotive manufacture and repair (on 28 February 2011 Wabtec
announced that it had acquired Brush Traction
for US$31 million)
and Brush Transformers
which manufactures electrical transformers and switchgear.
Other companies in this group are FKI switchgear (now re-named Hawker Siddeley Switchgear Ltd.
) which incorporates Brush switchgear, Whipp & Bourne and others.
Harrington Generators International (HGI) manufacture generator sets for rail, road, and light commercial and agricultural use, as well as supplying the British Army (MoD
) with generators.
MarelliMotori also produces electrical generators as well as induction motors.
The BRIDON Group of companies designs and manufactures a wide range of steel wires and ropes as well as polymer ropes.
Harris Waste Management Group, Inc manufactures balers and shredders for the waste recycling sector.
The Crosby Group Inc. manufactures hooks and other fittings for lifting operations and other material handling applications such as slings, shackles and swaging parts for joining of wire rope.
Welland Forge produces impression die forgings for the automotive, construction, agricultural and recreational markets.
Weber Knapp produces office fittings including counterbalance devices.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
major engineering and manufacturing company headquartered in Loughborough
Loughborough
Loughborough is a town within the Charnwood borough of Leicestershire, England. It is the seat of Charnwood Borough Council and is home to Loughborough University...
, Leicestershire
Leicestershire
Leicestershire is a landlocked county in the English Midlands. It takes its name from the heavily populated City of Leicester, traditionally its administrative centre, although the City of Leicester unitary authority is today administered separately from the rest of Leicestershire...
. For many years listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
, but it was taken private by buyout
Buyout
A buyout, in finance, is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" control of the target company....
firm Melrose
Melrose plc
Melrose plc is a leading British-based investment company specialising in the acquisition and performance improvement of under-performing businesses. It is headquartered in London and is a constituent of the FTSE 250 Index.-History:...
in July 2008.
History
The Company was founded in 1920 as a manufacturer of parking meters trading as Fisher Limited. The name was subsequently changed to Fisher Karpark Industries ('FKI'). In 1987 it merged with Babcock International to form FKI Babcock but then demerged the heavy engineering parts of Babcock again in 1989. The Company was taken private by buyoutBuyout
A buyout, in finance, is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" control of the target company....
firm Melrose
Melrose plc
Melrose plc is a leading British-based investment company specialising in the acquisition and performance improvement of under-performing businesses. It is headquartered in London and is a constituent of the FTSE 250 Index.-History:...
in July 2008 in a deal worth over £500 million.
Organisation and subsidiaries
FKI plc has a large number of subsidiaries, which it divides into four groups:- Energy Technology - Electrical generation apparatus
- Lifting Products and Services - Lifting apparatus (wire ropes, hooks etc). The waste recycling business operated by FKI (recycling machinerery) are also incorporated in to this section.
- Hardware - Domestic fittings - door handles, hinges etc as well as office fittings.
- FKI Logistex - Product handling automation - conveyor belts, RFID implementation, baggage handling automation etc.
Energy Technology
The Brush group of companies are incorporated into this section, including Brush TurbogeneratorsBrush Turbogenerators
BRUSH Turbogenerators owned by Melrose plc, is a group of international manufacturing companies under the BRUSH brand. It consists of Brush Electrical Machines Limited based in Loughborough, UK; Brush HMA based in Ridderkerk, The Netherlands and Brush SEM based in Plzeň in the Czech Republic...
manufacturers of mechanical to electrical generation systems, Brush-Barclay and Brush Traction
Brush Traction
This article is about a British rail-locomotive maker. For the Detroit auto-maker, see Brush Motor Car CompanyBrush Traction is a manufacturer and maintainer of railway locomotives, part of the FKI group , based at Loughborough in Leicestershire, England situated alongside the Midland Main Line.-...
, both involved in rail locomotive manufacture and repair (on 28 February 2011 Wabtec
Wabtec
Wabtec Corporation is an American company formed by the merger of the Westinghouse Air Brake Company and MotivePower Industries Corporation in 1999....
announced that it had acquired Brush Traction
Brush Traction
This article is about a British rail-locomotive maker. For the Detroit auto-maker, see Brush Motor Car CompanyBrush Traction is a manufacturer and maintainer of railway locomotives, part of the FKI group , based at Loughborough in Leicestershire, England situated alongside the Midland Main Line.-...
for US$31 million)
and Brush Transformers
Brush Transformers
Brush Transformers are a company based in Loughborough, Leicestershire, they are a manufacturer of power transformers with a history stretching back over 120 years.-History:...
which manufactures electrical transformers and switchgear.
Other companies in this group are FKI switchgear (now re-named Hawker Siddeley Switchgear Ltd.
Hawker Siddeley Switchgear
Hawker Siddeley Switchgear is a British manufacturer of electrical switchgear and overhead line equipment, the company operates a wholly owned subsidiary in Australia....
) which incorporates Brush switchgear, Whipp & Bourne and others.
Harrington Generators International (HGI) manufacture generator sets for rail, road, and light commercial and agricultural use, as well as supplying the British Army (MoD
Ministry of Defence (United Kingdom)
The Ministry of Defence is the United Kingdom government department responsible for implementation of government defence policy and is the headquarters of the British Armed Forces....
) with generators.
MarelliMotori also produces electrical generators as well as induction motors.
Lifting Products and Services
Acco Material Handling manufactures cranes, hoists and other crane components as well as hand trucks.The BRIDON Group of companies designs and manufactures a wide range of steel wires and ropes as well as polymer ropes.
Harris Waste Management Group, Inc manufactures balers and shredders for the waste recycling sector.
The Crosby Group Inc. manufactures hooks and other fittings for lifting operations and other material handling applications such as slings, shackles and swaging parts for joining of wire rope.
Welland Forge produces impression die forgings for the automotive, construction, agricultural and recreational markets.
Hardware
Truth Hardware corporation manufacters commercial window and doors, and fittings.Weber Knapp produces office fittings including counterbalance devices.
FKI Logistex
Logistex produces a full range of item handling automation systems including baggage handling, storage and retrieval systems, conveyors, libray systems including RFID solutions, warehousing automation and sorting systems., the company's operations in the Americas was acquired by Intelligrated in June 2009.External links
- fki.co.uk FKI plc official site
- melroseplc.net Melrose plc official site
- Yahoo profile