Federal-Mogul

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Federal-Mogul Corporation
Company typeUnlisted company
IndustryAuto Parts
Founded1899 as the Muzzy-Lyon Company
HeadquartersSouthfield, Michigan, USA
Key people
Jose Maria Alapont, Chairman & CEO
Productsengine products, wipers, spark plugs and wipers, gaskets, brake pads, bearings, piston rings, chassis products, wheel end components, pistons
RevenueIncrease$6.286 billion USD (2005)
Decrease$133.100 million USD (2005)
Decrease$334.200 million USD (2005)
Number of employees
41,700 (2006)
Websitewww.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.

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

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]

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]

References

External links