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FKI
Type Private
Founded 1920
Headquarters Loughborough, UK
Industry Engineering
Owner(s) Melrose
Website www.fki.co.uk

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.

HistoryEdit

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[1] but then demerged the heavy engineering parts of Babcock again in 1989.[2] The Company was taken private by buyout firm Melrose in July 2008[3] in a deal worth over £500 million.[4]

Organisation and subsidiariesEdit

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 machinery) 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 TechnologyEdit

Main article: Brush Turbogenerators

The Brush group of companies are incorporated into this section, including Brush Turbogenerators manufacturers of mechanical to electrical generation systems[5], Brush-Barclay and Brush Traction, both involved in rail locomotive manufacture and repair[6] (on 28 February 2011 Wabtec announced that it had acquired Brush Traction for US$31 million)[7] and Brush Transformers which manufactures electrical transformers and switchgear.[8]

Other companies in this group are FKI switchgear (now re-named Hawker Siddeley Switchgear Ltd.) which incorporates Brush switchgear, Whipp & Bourne and others.[9]

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.[10]

MarelliMotori also produces electrical generators as well as induction motors.[11]

Lifting Products and ServicesEdit

Acco Material Handling manufactures cranes, hoists and other crane components as well as hand trucks.[12]

The BRIDON Group of companies designs and manufactures a wide range of steel wires and ropes as well as polymer ropes.[13]

Harris Waste Management Group, Inc manufactures balers and shredders for the waste recycling sector.[14]

The Crosby Group Inc. manufactures hooks and other fittings for lifting operations and other material handling applications such as slings, shackles and swagging parts for joining of wire rope.[15]

Welland Forge produces impression die forgings for the automotive, construction, agricultural and recreational markets.[16]

HardwareEdit

Hickory Hardware produces door handles, handrails, lock fittings and hinges for domestic use.[17]

Truth Hardware corporation manufactures commercial window and doors, and fittings.[18]

Weber Knapp produces office fittings including counterbalance devices.[19]

Former businessesEdit

FKI LogistexEdit

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.[20], the company's operations in the Americas was acquired by Intelligrated in June 2009.[21]

ReferencesEdit

External linksEdit

Template:Babcock group

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