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Scott Fetzer Company
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Scott Fetzer Company
The Scott Fetzer Company, a subsidiary of Berkshire Hathaway, is an American diversified manufacturer and marketer of products for the home, family, and industry comprising 33 brands, headquartered in Westlake, Ohio.
The company was founded by George H. Scott and Carl S. Fetzer in 1914 as a machine shop under the name George H. Scott Machine Co.; the name changed to Scott & Fetzer Machine Co. in 1917 and again in 1919 to Scott & Fetzer Co. In early 1986, Berkshire Hathaway acquired the company for about $400 million.
Through its various brands, the company offers home cleaning systems, air compressors, paint sprayers, generators, pressure washers, educational products, electric motors, commercial truck and forestry equipment, cleaning products, patient monitoring equipment, and knives.
The Scott Fetzer Company was founded in Cleveland, Ohio, by George H. Scott and Carl S. Fetzer. It began in a small machine shop as the George H. Scott Machine Co. in 1914 at 118 Noble Ct. It incorporated as the Scott & Fetzer Machine Co. on November 30, 1917, and moved to a bigger facility near Edgewater at Franklin Avenue and 114th St. In 1918, it shortened its name to Scott & Fetzer Co. In 1922, it began manufacturing and selling Kirby vacuum cleaners, invented by James Kirby. As the company grew steadily into the 1950s, its Kirby brand remained its mainstay product, with over 4,000 door-to-door sales people marketing the product in 1956.
By the 1960s, the company diversified by acquiring companies including PLM Products, the Adalet Co., the Halex Die Casting Co., and the Cleveland Wood Products Co.
In 1964, Quikut, a manufacturer of cutlery and plastics of Fremont, Ohio, was purchased, and began a core group to produce plastic injection molded components for other Scott Fetzer divisions, mainly The Kirby Company and Wayne Home Equipment. In 1971, it acquired ScotLabs, a carpeting and floor care company, founded in 1962 in Chagrin Falls, Ohio. It also acquired Campbell Hausfeld that same year.
On November 30, 1976, Niles Hammink retired as chief executive officer, completing 30 years of service to Scott & Fetzer. In September 1946, when Niles joined the company as treasurer, it was a one-product line company with sales of $1.7 million. He became president in 1968 and chief executive officer in 1970. Under his leadership, the company achieved its greatest growth, becoming an multi-market company with 31 operating divisions, 50 plants located in 14 states and in Canada, 7,500 employees, and sales of $343 million. In 1964, Scott & Fetzer made the decision to expand its single product into a multiple product company and Niles became the architect of the acquisition program, personally identifying and negotiating most of the transactions. His management philosophy emphasizing decentralized operations and division autonomy together with his humanistic approach in dealing with people contributed greatly to the smooth integration and assimilation of the many different organizations that became part of Scott & Fetzer.
In 1978, it bought World Book-Childcraft Intl. Co., from Field Enterprises, for $50 million boosting sales to $697 million a year later. In 1978, the plastic portion of Quikut was spun off into a new company, Western Enterprises.
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Scott Fetzer Company
The Scott Fetzer Company, a subsidiary of Berkshire Hathaway, is an American diversified manufacturer and marketer of products for the home, family, and industry comprising 33 brands, headquartered in Westlake, Ohio.
The company was founded by George H. Scott and Carl S. Fetzer in 1914 as a machine shop under the name George H. Scott Machine Co.; the name changed to Scott & Fetzer Machine Co. in 1917 and again in 1919 to Scott & Fetzer Co. In early 1986, Berkshire Hathaway acquired the company for about $400 million.
Through its various brands, the company offers home cleaning systems, air compressors, paint sprayers, generators, pressure washers, educational products, electric motors, commercial truck and forestry equipment, cleaning products, patient monitoring equipment, and knives.
The Scott Fetzer Company was founded in Cleveland, Ohio, by George H. Scott and Carl S. Fetzer. It began in a small machine shop as the George H. Scott Machine Co. in 1914 at 118 Noble Ct. It incorporated as the Scott & Fetzer Machine Co. on November 30, 1917, and moved to a bigger facility near Edgewater at Franklin Avenue and 114th St. In 1918, it shortened its name to Scott & Fetzer Co. In 1922, it began manufacturing and selling Kirby vacuum cleaners, invented by James Kirby. As the company grew steadily into the 1950s, its Kirby brand remained its mainstay product, with over 4,000 door-to-door sales people marketing the product in 1956.
By the 1960s, the company diversified by acquiring companies including PLM Products, the Adalet Co., the Halex Die Casting Co., and the Cleveland Wood Products Co.
In 1964, Quikut, a manufacturer of cutlery and plastics of Fremont, Ohio, was purchased, and began a core group to produce plastic injection molded components for other Scott Fetzer divisions, mainly The Kirby Company and Wayne Home Equipment. In 1971, it acquired ScotLabs, a carpeting and floor care company, founded in 1962 in Chagrin Falls, Ohio. It also acquired Campbell Hausfeld that same year.
On November 30, 1976, Niles Hammink retired as chief executive officer, completing 30 years of service to Scott & Fetzer. In September 1946, when Niles joined the company as treasurer, it was a one-product line company with sales of $1.7 million. He became president in 1968 and chief executive officer in 1970. Under his leadership, the company achieved its greatest growth, becoming an multi-market company with 31 operating divisions, 50 plants located in 14 states and in Canada, 7,500 employees, and sales of $343 million. In 1964, Scott & Fetzer made the decision to expand its single product into a multiple product company and Niles became the architect of the acquisition program, personally identifying and negotiating most of the transactions. His management philosophy emphasizing decentralized operations and division autonomy together with his humanistic approach in dealing with people contributed greatly to the smooth integration and assimilation of the many different organizations that became part of Scott & Fetzer.
In 1978, it bought World Book-Childcraft Intl. Co., from Field Enterprises, for $50 million boosting sales to $697 million a year later. In 1978, the plastic portion of Quikut was spun off into a new company, Western Enterprises.
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