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The concept of attaching the motor directly to the wheel was not new; Ferdinand Porsche developed one around 1900, but his motor wheel was electric. The A.O. Smith Corporation of Milwaukee, Wisconsin, acquired the U.S. manufacturing rights to the Wall motorwheel in 1914 and first produced the motor wheel for use on bicycles, but later added the ...
In 1965, the Motor division invented the enclosed canopy, two-compartment motor, a design that improved the reliability in pool pump motors by separating the switching components from the motor windings. In 1967, fourth generation Smith family member, Lloyd B. Smith, was elected chairman and chief executive officer of the company.
Briggs & Stratton kept the motor that had been the heart of the motor wheel and adapted it to power other applications such as reel lawn mowers and small equipment such as washing machines. The company went public on the New York Stock Exchange in 1928. During World War II, Briggs & Stratton produced generators for the war effort.
Explore the exciting world of A.O. Smith (NYSE: AOS) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and ...
Margins matter. The more AO Smith (NYS: AOS) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Tower International is a manufacturer of automotive structural metal components and assemblies primarily serving original equipment manufacturers (“OEMs”). Tower International supply body-structure stampings, frame and other chassis structures, and complex welded assemblies for small and large cars, crossovers, pickups, and sport utility vehicles.
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