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- Fedders is an American company that manufactures air conditioners and other air treatment products. Founded by Theodore Fedders in 1896, Fedders is headquartered in the Basking Ridge section of Bernards Township in Somerset County, New Jersey, United States.
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Fedders is an American company that manufactures air conditioners and other air treatment products. Founded by Theodore Fedders in 1896, Fedders is headquartered in the Basking Ridge section of Bernards Township in Somerset County , New Jersey , United States.
Mar 19, 2006 · If there is one brand that tests this theory, though, it is Fedders, the 93-year-old manufacturer of air-conditioners and humidifiers, which, increasingly in the last year or so,...
- Before Air Conditioners, 1890s-1940s
- Air-Conditioning Pioneer, 1940s-1960s
- Diversification and Expansion, 1960s-70s
- Nine Consecutive Losses, 1970s-80s
- Renewed Prosperity in The 1980s
- Roller-Coaster Ride During The 1990s
- An Expanding Global Presence During The Late 1990s
- Strategic Acquisitions and Alliances For The New Millennium
- Principal Operating Units
- Principal Subsidiaries
Fedders began as a metal working shop started by Theodore C. Fedders in 1896 in Buffalo, New York. At first it made milk cans and kerosene tanks for Standard Oil Co. and bread pans for National Biscuit Co. Shortly after the turn of the century Buffalo became the home of such automobile makers as Pierce-Arrow and the Thomas Five. Fedders converted h...
In 1947, Fedders-Quigan moved aggressively into the manufacture of newly introduced room air conditioners and two yearslater also began to market under its own name the electric water coolers it had been manufacturing for Cordley & Hayes since 1932. Besides Queens and Buffalo, it operated plants in Trenton and Newark, New Jersey. Sales shot up from...
By 1964 Fedders was stagnating, both its sales and profits having slipped from the 1960 levels. On the plus side, finances were sound, despite a long-term debt of $8.6 million, and dividends had been paid each year since 1945. However, management began casting around for additions to its existing products: air conditioners; automobile radiators, he...
After a record fiscal 1971, in which it earned nearly $17 million on income of $346.6 million, Fedders fell on hard times.Fiscal 1972 ended with lower earnings and profits due to a seven-and-a-half-month strike at the Edison plant. Business failed to reach the record 1971 level in fiscal 1973. The Arab oil embargo imposed in late 1973 touched off a...
Fedders became profitable again in 1983, when it earned (after discounting extraordinary credits) $1.4 million on drasticallyreduced income of $80.8 million. The next two years were even better, and in 1985 the company resumed paying dividends, which it had omitted since 1974. Its share of the domestic room air conditioner market almost doubled bet...
However, as the 1990s dawned, Fedders was again headed downward. In fiscal 1990, which ended with a cool summer, it lost $15.6 million—the first of four consecutive years of losses—on net sales of only $241.4 million. Despite this poor year, in January 1991 the company acquired the Emerson Quiet Kool brand from The Jepson Corporation for $56 millio...
An abnormally cool summer in North Americain 1996 was blamed for a sharp decline in U.S. sales of room air conditioners and larger than normal end-of-season inventories at the retaillevel. Consequently, Fedders experienced a downturn in revenues the following year. For its 1997 fiscal year ending August 31, the company posted net earnings of $18.8 ...
At the close of the 1990s, Fedders continued pursing strategic acquisitions and alliances to support growth in new and existing markets. In August 1999, Fedders transferred production of pumps for compressors from the United States to Taiwan and China, enabling the company to reduce operating costs at its automated compressor assembly operation in ...
Fedders Unitary Products; Fedders Appliances; Fedders Engineered Products; Fedders International (Singapore).
Sun Air Conditioning; Eubank Manufacturing Enterprises; Melcor Corporation; Envirco; Fedders North America; Trion, Inc.; Herrmidifier; Fedders Koppel (Phillipines); Polenz GmbH (Germany); Trion Ltd. (U.K.)
May 15, 1988 · For Charlotte Fedders, the product of a strict Roman Catholic education and a family dominated by a strong father, her lone desire was the realization of an old-fashioned dream.
When the violence became public, Fedders resigned his SEC post. The account shows how even an educated, middle-class woman can become mired in a pattern of abuse for years and why it requires extraordinary courage to break the battered woman syndrome and start a new life.
The Fedderses are a family made notable by their strife. "Shattered Dreams," Charlotte's newly published book, is the most recent retelling of the beatings, domination and fear she endured during a...
Fedders USA is a unit of FEDDERS Quigan Corp, an American company, and hold the FEDDERS trademark for the United States. FEDDERS USA was reborn in 2020 and serves the American HVAC and appliance market.
