Swagelok
 | |
| Private | |
| Industry | Fluid system technology |
| Founded | 1947 |
| Founder | Fred A. Lennon |
| Headquarters | Solon, Ohio, U.S. |
Number of locations | 200 sales and service centers, 20 manufacturing facilities, 5 technical centers |
Area served | Worldwide |
Key people | Arthur F. Anton (CEO) |
| Products | Fittings, Valves, Hose (tubing), Gauges, Transducers, Regulators, Miniature Modular Systems, Orbital welding systems, Measurement Systems |
| Revenue | US$ 1.8 billion (2011) |
Number of employees | 4,800 |
| Subsidiaries | Swagelok Capital Projects Company |
| Website |
www |
|
Footnotes / references [1] | |
Swagelok is a privately held international company, focusing on the manufacture and sale of gas and fluid systems components, such as tube fittings, valves, tubing, and gauges. It was founded in 1947 by Fred A. Lennon in Cleveland, Ohio and in 1965, it moved to Solon, Ohio, where its headquarters remain.[1] They are best known for creating the Swagelok compression tube fitting U.S. Patent 3,075,793 in 1959, a commonly used fitting type for the connection of metal tubing.[1]
History
Swagelok was founded by Fred Lennon and Cullen Crawford in 1947. The name Swagelok was created by Lennon and Crawford, for Crawford's invention of a leak-tight fitting swage which formed tubing that held the fitting in place. Crawford Fitting Co., manufactured and sold the fittings. In 1948, Lennon bought Crawford's share in the company. In 1955, Cajon Company was created, adding pipe fittings to the product line. Swagelok also began manufacturing in Canada. In 1957, Nuclear Products Company (Nupro Company) was acquired. In 1965, Swagelok moved its headquarters from Cleveland, Ohio to Solon, Ohio. In 1972, the company expanded into Japan. In 1986, Cajon Company, Whitey Company, and Sno-Trik Company, were all unified under the name the Swagelok Companies. Swagelok has more than 3000 employees.
In 2002, Jensen Fittings Corporation was acquired. This expanded Swagelok into biopharmaceutical, food, beverage, and sanitary markets. In 2003, Kenmac Ltd.on the Isle of Man was acquired. In 2004, the company built a 360,000 square feet (33,400 m2) "Order Fulfillment Center" in Solon, which was occupied by 2006. In 2007, the assets of Hy-Level Company were acquired. In 2008, Coreflex LLC was acquired. In 2009, Swagelok acquired RHPS B.V. of the Netherlands.[2] In 2012, Swagelok acquired the assets of Innovative Pressure Technologies.[3]
Products
Swagelok manufactures thousands of products for many industries including, alternative fuels, chemical and petrochemical, power generation, oil and gas production, chemical processing, biopharmaceutical, research, and semiconductor manufacturing. These fluid system solution products include tube fittings, valves, regulators, and hoses.
References
- 1 2 3 "Company Profile".
- ↑ "Swagelok Timeline". Swagelok.
- ↑ "Swagelok Company Acquires Innovative Pressure Technologies (IPT) Broadens Valve Line". ThomasNet.com News.