Federal-Mogul
From Wikipedia, the free encyclopedia
| Federal-Mogul Corporation | |
|---|---|
 |
|
| Type | Unlisted company |
| Founded | 1899 as the Muzzy-Lyon Company |
| Headquarters | Southfield, Michigan, USA |
| Key people | Jose Maria Alapont, Chairman & CEO |
| Industry | Auto Parts |
| Products | engine products, wipers, spark plugs and wipers, gaskets, brake pads, bearings, piston rings, chassis products, wheel end components, pistons |
| Revenue | ▲$6.286 billion USD (2005) |
| Operating income | ▼$133.100 million USD (2005) |
| Net income | ▼$334.200 million USD (2005) |
| Employees | 41,700 (2006) |
| Website | www.federal-mogul.com |
Federal-Mogul Corporation is a major automotive parts supplier based in Southfield, Michigan, USA. Federal-Mogul employs some 41,000 people in 24 countries.
Contents |
[edit] Products
- AE engine products
- ANCO wipers
- Bentley-Harris protection products
- Champion spark plugs and wipers
- Fel-Pro gaskets
- Ferodo brake pads
- Glyco bearings
- Goetze piston rings
- Moog chassis products
- National wheel end components
- Nüral pistons
- Payen gaskets
- Precision drivetrain components
- Sealed Power engine products
- Wagner lighting and brake products
[edit] Expansion in the late 1990's
In the late 1990's Federal-Mogul pursued a strategy of rapid expansion within its sector and in 1998 acquired, among other businesses, Turner & Newall, a British based automotive products business which had lost focus in the face of asbestos claims.[1]
[edit] Chapter 11 Protection
In 2001 Federal-Mogul filed for Chapter 11 Protection after it became embroiled in the litigation associated with its new acquisitions.[2] Various organisations are currently campaigning for better compensation for claimants.[3]
As of December 27, 2007, Federal-Mogul emerged from its Chapter 11 bankruptcy.[2]
[edit] References
[edit] External links
This article about an automotive corporation or company is a stub. You can help Wikipedia by expanding it.
