Company:Chicago Faucet
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| Type | Subsidiary |
|---|---|
| Industry | Plumbing |
| Founded | 1901[1] |
| Founder | Albert Brown[2] |
| Headquarters | Des Plaines , United States of America[1] |
Key people | Andreas Nowak (President)[1] |
| Revenue | US$270 million (2017)[3] |
| Parent | Geberit |
| Website | www.chicagofaucet.com |
The Chicago Faucet Company, founded on the near-west side of Chicago, Illinois, United States, has been producing faucets and other plumbing fixtures since 1901.[4] The company founder, Albert C. Brown, invented the Quaturn Cartridge in 1913 that worked with the flow of water to make it both easy to open and close the spigots and forestalled leak development.
The Great Depression hit the company hard because of a decline in new construction. The company persevered by participating in the Chicago World's Fair of 1933 and briefly converted to the production of nuts, bolts, screws, and parachute hooks during World War II.[5]
In 2002 the Switzerland Geberit AG acquired Chicago Faucet.
Currently the Chicago Faucet Company has its headquarters in Des Plaines, Illinois, and employs over 200 people in Des Plaines, Milwaukee, Elyria, Ohio, and Michigan City, Indiana.[6]
Chicago Faucet has sales in the neighborhood of $270 million a year.[7]
References
- ↑ 1.0 1.1 1.2 "Company Description: Chicago Faucet". businessweek.com. BusinessWeek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2572278. Retrieved 29 September 2012.
- ↑ "The Chicago Faucet Company". Hoovers.com. http://www.hoovers.com/company/The_Chicago_Faucet_Company/ccsyci-1.html. Retrieved 29 September 2012.
- ↑ Riley, Key (10 July 2002). "Chicago Faucet sells for $33M". chicagobusiness.com. Crain's Chicago Business. http://www.chicagobusiness.com/article/20020710/NEWS01/20005931/chicago-faucet-sells-for-33m. Retrieved 29 September 2012.
- ↑ "History of Chicago Faucets". http://www.faucetdepot.com/history/Chicago%20Faucets-39.asp.
- ↑ How Chicago Faucets survived the Great Depression
- ↑ "Company History". The Chicago Faucet Company. 2007. http://www.chicagofaucets.com/history.php. Retrieved 2007-06-08.
- ↑ "Geberit buys Chicago Faucet". contractormag.com. 2005. http://www.arcat.com/arcatcos/cos31/arc31418.html. Retrieved 2007-06-08.
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