Frederick Louis Maytag I

Frederick Louis Maytag I (July 14, 1857 – March 26, 1937) also known as F. L. Maytag, founded the Maytag Company, which eventually became the Maytag Corporation which was acquired by the Whirlpool Corporation in 2005.[1]

Contents

Birth

F.L. Maytag was born July 14, 1837 in Newton, Iowa. The eldest of 10 children born to German immigrants, Amelia Tarebun (1837-?) and Daniel William Maytag (1831-?) [the original spelling of their name was "Maitag" prior to immigrating to the United States, and was "Americanized" to "Maytag" upon arrival]. The full set of children were: Frederick Louis Maytag I (1857–1937) [2]; Lewis R. Maytag (1859-?); Martha M. Maytag (1862-?); Theodore Henry Maytag (1864-1931); Jacob B. Maytag (1867-?); Emma Maytag (1869-?); Daniel C. Maytag (1872-?); Helena Maytag (1875-?); Anna A. Maytag (1878-?); and Viola Maytag (1880-?).[3] When ten years old F.L. traveled in a covered wagon with his family to a small farm near Laurel, Iowa, in 1867.

Education

F.L. Maytag attended North Central College in Naperville, Illinois, in 1872-73.[4]

Business

In 1893, F.L., his two brothers-in-law, and George W. Parsons each contributed US$600, for a total of US$2,400, to start a new farm implement company named Parsons Band-Cutter & Self Feeder Company. This company produced threshing machines, band-cutters, and self-feeder attachments invented by Parsons.

F.L. Maytag eventually took sole control of the firm and renamed it the Maytag Company. As Maytag grew, F.L. forayed into other businesses. In the 1910s, F.L. left the day-to-day company operation in the hands of sons Elmer Henry Maytag and Lewis Bergman Maytag, to concentrate on other business areas including new innovations of a washing machine with a gas powered motor branded as the Multi-Motor and a washing machine with an agitator that forced the water through the clothes branded as the Gyrafoam. These inventions proved extremely valuable as by 1927, Maytag was producing more than twice the washers of its nearest competition and had outperformed the industry with growth doubling for five consecutive years.

Even after Elmer Henry Maytag became Maytag's president in 1926, F.L. was active in promoting Maytag products, and ensuring worker happiness and often greeted employees by asking, "Is everybody happy?"

Mr. Maytag was inducted into the Junior Achievement U.S. Business Hall of Fame in 1995.

Marriage

F.L. married Dena Bergman, and they had two sons and two daughters. To the city of Newton, Iowa, F.L. donated a 40-acre (160,000 m2) park and swimming pool, now named Maytag Park and Maytag Pool. He built and donated the Maytag Hotel and spearheaded a theater and a water plant. F.L. also built hundreds of houses for his workers, selling them on easy terms.

Death

In 1937, Frederick Maytag died of a heart ailment at Good Samaritan Hospital, near his winter home in Beverly Hills, California. He left a US$10 million estate (equivalent to $156 million today).[5][6]

A special train brought mourners from the east coast to Newton, Iowa, and an estimated 10,000 factory workers and salesmen formed a line five blocks in length to observe the casket processional. Those who could not fit into the First Methodist Church were taken to four other churches and two halls.

Quotes

See also

References

  1. ^ Ingham, John (1983). Biographical Dictionary of American Business Leaders. Greenwood Press. ISBN 0313239088. http://books.google.com/books?id=Suu9yUKdA8IC&pg=PA874&ots=vGXqRUOSN-&dq=%22+Elmer+Henry+Maytag%22&sig=QI4mIisc4tXcK19q72YaGuoGisg. 
  2. ^ "Letters". Time (magazine). November 23, 1931. http://www.time.com/time/magazine/article/0,9171,742636-3,00.html. Retrieved 2007-07-21. "Knowing your yearning for absolute accuracy, beg your permission to advise that you announced the death of the wrong Maytag in your Milestones department in your issue of Oct. 19. The item should have stated that Theodore Henry Maytag, age 67, had died and not Elmer Henry Maytag. Elmer Henry Maytag is a son of Frederick Louis Maytag, is president of the Maytag Co. here and very much alive in his late 40s. He is also a member, by appointment of the President, of the Unemployment Committee which is chaired by Mr. Gifford." 
  3. ^ In the 1880 US Census for Jefferson, Iowa Daniel's mother Mary Maytag (1800-?) is living with them.
  4. ^ http://books.google.com/books?id=YTNcKAGy_CkC&pg=PA99&lpg=PA99&dq=maytag+%22north+central+college%22&source=bl&ots=0L8IKx6A5N&sig=itbmpHLy9khVC5isXYJvhT2AWSc&hl=en&ei=K0ogSvSiAZ_UlQe6g_WRBQ&sa=X&oi=book_result&ct=result&resnum=6
  5. ^ "In Jasper County". Time (magazine). July 25, 1938. http://www.time.com/time/magazine/article/0,9171,883015,00.html?iid=chix-sphere. Retrieved 2007-07-21. "Great is the name of Maytag in Jasper County, Ia. In Newton, the county seat, is Maytag Co's 14-acre (57,000 m2) plant, where last year some 1,500 workers turned out $16,984,966.28 worth of Maytag washing machines." 
  6. ^ "F. L. Maytag, Maker of Household Aides. Began Manufacturing Washing Machines in 1907. Dies in Los Angeles at 80". New York Times. March 27, 1937, Saturday. "Frederick L. Maytag, manufacturer of washing machines and a pioneer automobile maker, died in Good Samaritan Hospital here today. He was 80 years old." 

Sources

Preceded by
n/a		 President of Maytag Corporation
1893-1921		 Succeeded by
Lewis Bergman Maytag