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The Federal-Mogul Corporation was founded in 1899 by J. Howard Muzzy and Edward F. Lyon as the Muzzy-Lyon Company. The partners sold mill supplies and rubber goods, but they also set up an early subsidiary called the Mogul Metal Company. Under this new umbrella, they began to revolutionize the bearing industry. The pair started developing specialized metals to meet different bearing needs, and they were pioneers in die-casting replacement bearings to the right size and shape. Before the latter innovation, mechanics had to gouge out the old bearing from the motor block and pour in new metal.
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Important dates:
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1901
The Mogul Metal Company created a new Babbitt metal called Mogul and sold it under the Duro and Mogul brand names.
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1903
The Muzzy-Lyon Company incorporated and elected its first board of directors. 1919
The organization’s first stockholder meeting was held.
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1921
Total employment for the Muzzy-Lyon Company reached 500.
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1924
The company merged with Federal-Bearing and Bushing — a manufacturer of engine bearings and bushings — and became Federal-Mogul Corporation.
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1929
With a fellowship from the Battelle Memorial Institute, Federal-Mogul established a research division. The corporation’s sales reached $4.8 million. 1931
Federal-Mogul introduced Equi-Poise boat propellers and formed a marine division.
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1932
The company developed a new alloy called C-100, which was the first new bearing material since the discovery of Babbitt metal.
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1934
Federal-Mogul’s research staff refined the C-100 alloy and released the new C-50 alloy. These developments revolutionized bearing manufacture and durability.
Acquisitions in this time period included: Douglas-Dahlin Co., U.S. Bearings Co., Watkins Manufacturing Co., Pacific Metal Bearing Co., Superior Bearings Co. and Watkins Rebabbitting — Canada (first international acquisition). |