Ferodo
   HOME

TheInfoList



OR:

Ferodo is a British brake company based in
Chapel-en-le-Frith Chapel-en-le-Frith () is a town and civil parish in the Borough of High Peak in Derbyshire, England. It has been dubbed the "Capital of the Peak", in reference to the Peak District, historically the upperland areas between the Saxon lands (belo ...
in
High Peak, Derbyshire High Peak is a local government district with borough status in Derbyshire, England. The borough compromises high moorland plateau in the Dark Peak area of the Peak District National Park. The district stretches from Holme Moss in the no ...
.


History

It was founded in 1897 by
Herbert Frood Herbert Frood (1864 - 1 May 1931) was an English inventor, industrialist, and entrepreneur. He is known for being the inventor of brake pads. Early life Frood was born in Doncaster, a town in the West Riding of Yorkshire, where he grew up. He w ...
(1864-1931), with manufacturing starting in
Gorton Gorton is an area of Manchester in North West England, southeast of the city centre. The population at the 2011 census was 36,055. Neighbouring areas include Levenshulme and Openshaw. A major landmark is Gorton Monastery, a 19th-century Hig ...
in 1901 and moving to Chapel-en-le-Frith in 1902. Ferodo was the first company to use
asbestos Asbestos () is a naturally occurring fibrous silicate mineral. There are six types, all of which are composed of long and thin fibrous crystals, each fibre being composed of many microscopic "fibrils" that can be released into the atmosphere b ...
for brake linings and developed the first modern brake friction materials. Ferodo UK became part of
Turner & Newall Turner & Newall was a manufacturing business based in Manchester, United Kingdom. At its peak, it was a constituent of the FT 30 index of leading companies on the London Stock Exchange. As part of their business, the company was one of the first ...
in 1926. It had a factory at Chapel-en-le-Frith and in 1964 opened another at
Caernarfon Caernarfon (; ) is a royal town, community and port in Gwynedd, Wales, with a population of 9,852 (with Caeathro). It lies along the A487 road, on the eastern shore of the Menai Strait, opposite the Isle of Anglesey. The city of Bangor is ...
. In 1998 Turner & Newall was acquired by the huge automotive group
Federal-Mogul Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles; and industrial, agricultural and power-generation applications. It was acquire ...
. It is now part of Federal-Mogul Aftermarket UK Limited. In 2012 £13m was invested in new floors, insulation, low energy heating and new process machines.


Asbestos trust

Federal-Mogul got into financial difficulties and filed for
Chapter 11 Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wheth ...
protection as a result of
asbestosis Asbestosis is long-term inflammation and pulmonary fibrosis, scarring of the human lung, lungs due to asbestos, asbestos fibers. Symptoms may include shortness of breath, cough, wheezing, and chest pain, chest tightness. Complications may include ...
claims. In the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
the business went into administration in October 2001, leaving a pension fund deficit estimated at £400 million. The T&N Subfund of the Federal-Mogul Asbestos Trust was organized to pay all valid Asbestos Trust claims for which the T&N Entities have legal responsibility. The Trust was created December 27, 2007 as a result of the confirmation of The Federal-Mogul Chapter 11 Joint Plan of Reorganization. For claimants whose principal exposure to asbestos was in the United Kingdom or one of several other non-US countries, a UK Asbestos Trust was established to provide for the payment of asbestos claims in addition to the US-focused Asbestos Trust described above. This includes posthumous payments to families of Ferodo factory workers.


Advertising

Ferodo is famous in Britain for advertising by having the Ferodo brand name painted on railway bridges over main roads.


References


External links

*
Peakland Heritage - a brief history of Henry Frood and Ferodo

Geograph photo of Chapel factory entrance

Geograph photo of former Caernarfon factory closed in 2004
{{Authority control Auto parts suppliers of the United Kingdom Brakes Manufacturing companies established in 1897 Companies based in Derbyshire 1897 establishments in England