COMPANY·HISTORIES
NAIC 332919

Other Metal Valve and Pipe Fitting Manufacturing

How the companies in this industry began, and the forces that shaped them.

26companies1865–1993founding years26still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedCrane Co.FoundedCrane Co.
1865
FoundedKSB AG
1871
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedFortune Brands, Inc.FoundedFortune Brands, Inc.
1904
FoundedAmerican Cast Iron Pipe Company
1905
1914
EconomyWorld War I begins; global trade reorders.
FoundedMcWane Corporation
1921
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedHaskel International, Inc.FoundedHaskel International, Inc.FoundedSpirax-Sarco Engineering plc
1952
FoundedThe Marmon Group, Inc.FoundedThe Marmon Group, Inc.
1953
FoundedStandex International Corporation
1955
1958
TechnologyThe integrated circuit is demonstrated.
FoundedTyco International Ltd.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedCentral Sprinkler CorporationFoundedCentral Sprinkler Corporation
1972
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
FoundedMemry Corporation
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
FoundedAptarGroup, Inc.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Crane Co. →
Active · founded 1865
Crane Co.
Crane Co. →
Active · founded 1865
Crane Co.
KSB AG →
Active · founded 1871 · Germany
KSB AG is Europe's leading manufacturer of pumps, valves, and related control systems for use in construction and…
KSB AG →
Active · founded 1871 · Germany
KSB AG is Europe's leading manufacturer of pumps, valves, and related control systems for use in construction and…
Fortune Brands, Inc. →
Active · founded 1904
Fortune Brands, Inc., is a widely diversified conglomerate with principal businesses in distilled spirits, home…
Fortune Brands, Inc. →
Active · founded 1904
Fortune Brands, Inc., is a widely diversified conglomerate with principal businesses in distilled spirits, home…
American Cast Iron Pipe Company →
Active · founded 1905
American Cast Iron Pipe Company (ACIPCO), with 242,000 square meters of roofed production space and a daily production…
American Cast Iron Pipe Company →
Active · founded 1905
American Cast Iron Pipe Company (ACIPCO), with 242,000 square meters of roofed production space and a daily production…
McWane Corporation →
Active · founded 1921
Birmingham-based McWane Corporation is a holding company with an extensive network of interests in the manufacture of…
McWane Corporation →
Active · founded 1921
Birmingham-based McWane Corporation is a holding company with an extensive network of interests in the manufacture of…
Haskel International, Inc. →
Active · founded 1952
To enhance shareholder value, management decided in the fall of 1998 to engage investment banker Schroder & Co.
Haskel International, Inc. →
Active · founded 1952
To enhance shareholder value, management decided in the fall of 1998 to engage investment banker Schroder & Co.
Spirax-Sarco Engineering plc →
Active · founded 1952 · United Kingdom
By then, Spirax-Sarco had been forced to overcome a bump in the late 1990s, after the company shut down its Allentown…
Spirax-Sarco Engineering plc →
Active · founded 1952 · United Kingdom
By then, Spirax-Sarco had been forced to overcome a bump in the late 1990s, after the company shut down its Allentown…
The Marmon Group, Inc. →
Active · founded 1953
The Marmon Group, Inc., one of the largest privately owned organizations in the United States, is in essence a holding…
The Marmon Group, Inc. →
Active · founded 1953
The Marmon Group, Inc., one of the largest privately owned organizations in the United States, is in essence a holding…
Standex International Corporation →
Active · founded 1955
Standex International Corporation operates as a global multi-industry conglomerate that manufactures over 48,000…
Standex International Corporation →
Active · founded 1955
Standex International Corporation operates as a global multi-industry conglomerate that manufactures over 48,000…
Tyco International Ltd. →
Active · founded 1962 · Bermuda
Tyco International Ltd.
Tyco International Ltd. →
Active · founded 1962 · Bermuda
Tyco International Ltd.
Central Sprinkler Corporation →
Active · founded 1972
Central Sprinkler Corporation, through its wholly owned subsidiary Central Sprinkler Company, is one of the largest…
Central Sprinkler Corporation →
Active · founded 1972
Central Sprinkler Corporation, through its wholly owned subsidiary Central Sprinkler Company, is one of the largest…
Memry Corporation →
Active · founded 1981
Memry Corporation ranks as the largest independent manufacturer of Nitinol components to the medical device industry…
Memry Corporation →
Active · founded 1981
Memry Corporation ranks as the largest independent manufacturer of Nitinol components to the medical device industry…
AptarGroup, Inc. →
Active · founded 1993
AptarGroup, Inc.
AptarGroup, Inc. →
Active · founded 1993
AptarGroup, Inc.
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