Price Pfister
Encyclopedia
Pfister, called Price Pfister until 2010, is a manufacturer of bathroom and lavatory faucets, shower systems, showerheads, and accessories and kitchen faucets and other plumbing
Plumbing
Plumbing is the system of pipes and drains installed in a building for the distribution of potable drinking water and the removal of waterborne wastes, and the skilled trade of working with pipes, tubing and plumbing fixtures in such systems. A plumber is someone who installs or repairs piping...

 fixtures. Emil Price and William Pfister founded the company in 1910. Today, Price Pfister is a division of the Stanley Black & Decker Hardware and Home Improvement Group headquartered in Lake Forest, California
Lake Forest, California
Lake Forest is a city in Orange County, California. The population was 77,264 at the 2010 census.Lake Forest incorporated as a city on December 20, 1991. Prior to a vote of the residents in that year, the community had formerly been known as El Toro since the 1880s...

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History

Price Pfister was founded by Emil Price and William Pfister in 1910, when the company introduced its first product, a garden faucet. Over the next decade, the Price Pfister’s product line expanded to include other types of faucets, valves, and hose nozzles for indoor sinks and bathtubs. Aside from producing plumbing fixtures, during WWI and WWII, Price Pfister produced
military items such as aircraft fittings and hand grenade shells.

During the postwar housing boom in the late 1940s, Price Pfister began to specialize in residential products. The company became a household name after the widespread popularity of their Crown Jewel faucet line in 1950.

From 1960-1970, Price Pfister accelerated in growth, starting with the construction of a 25 acres (101,171.5 m²) manufacturing plant in Pacoima, California, which became the largest foundry West of the Mississippi. Toward late 1960s Norris Industries, Inc. acquired Price Pfister and renamed it to Price Pfister Brass Manufacturing Company.

In 1980, Price Pfister became the first manufacturer to convert to ceramic cartridges, which enabled the industry’s first lifetime guarantee against leaks and drips. Price Pfister is still remembered by its tagline playing off the distinctive company name … Price Pfister, the Pfabulous Pfaucet with the PFunny Name. By 1987, Price Pfister had gained 14% of the U.S.
faucet market. Two years later, Price Pfister was acquired by the Black and Decker Corporation.

Joining Kwikset security hardware in 1999, Price Pfister and Kwikset formed the Black and Decker Hardware and Home Improvement Group based in Lake Forest, California. Following the 2010 Stanley acquisition of Black and Decker, Price Pfister is now part of the Stanley Black and Decker Hardware and Home Improvement Group. Following the merger, Price Pfister changed its name to simply Pfister.

In April 2011, during an earnings call to Wall Street analysts, Stanley Black & Decker announced that the business was strategically challenged and that Pfister may be divested.

Products

Price Pfister's retail bath and kitchen fixtures are available in major hardware and home improvement stores and showrooms throughout the country. Besides residential products, Price Pfister also manufactures a custom designed fixture faucet line, PFISTER Custom Faucet Solutions, for the hospitality industry.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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