Ferodo
Template:Short description Template:Infobox company
Ferodo is a British brake company based in Chapel-en-le-Frith in High Peak, Derbyshire.
History
.jpg){kind=link}
Ferodo was founded in 1897 by Herbert Frood (1864–1931),<ref>Template:Cite web</ref> with manufacturing starting in Gorton in 1901 and moving to Chapel-en-le-Frith in 1902.<ref>Summary of records held in Derbyshire Archives Office</ref> Ferodo was the first company to use asbestos for brake linings and developed the first modern brake friction materials.<ref>Template:Cite web</ref>
Ferodo UK became part of Turner & Newall in 1926. It had a factory at Chapel-en-le-Frith and in 1964 opened another at Caernarfon.<ref>Template:Cite web</ref> In 1961, it merged its Australian operations with the brake lining division of James Hardie.<ref>Ferodo-Hardie Merger Railway Transportation November 1961 page 8</ref> In 1980, Turner & Newall sold its 40% shareholding in Ferodo-Hardie to James Hardie.<ref>"Deal to buy 40pc of Hardie-Ferodo". Canberra Times. Autodoc. 1980-04-29. p. 18. Retrieved 2025-09-25.</ref>
In 1998 Turner & Newall was acquired by the huge automotive group Federal-Mogul.<ref>Federal-Mogul Corp. completes T&N; buy Rubber & Plastics News 16 March 1998</ref> In 2012, £13 million was invested in new floors, insulation, low energy heating and new process machines.<ref>Ferodo seeks volunteers for redundancies Template:Webarchive Buxton Advertiser 11 July 2013</ref>
Visits
On 21 November 1958, Philip, Duke of Edinburgh opened the £750,000 research centre, later visiting Chesterfield College of Technology.<ref>Derby Evening Telegraph 21 November 1958 page 17</ref>
Asbestos trust
Federal-Mogul got into financial difficulties and filed for Chapter 11 protection as a result of asbestosis claims.<ref>Template:Cite web</ref> In the United Kingdom the business went into administration in October 2001,<ref>Template:Cite web</ref> leaving a pension fund deficit estimated at £400 million.<ref>Template:Cite web</ref>
The T&N Subfund of the Federal-Mogul Asbestos Trust<ref>Federal-Mogul Asbestos Personal Injury Trust</ref><ref>Template:Cite web</ref> 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.<ref>Template:Cite web</ref>
For claimants whose principal exposure to asbestos was in the United Kingdom or one of several other non-US countries, a UK Asbestos Trust<ref>Template:Cite web</ref> 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.<ref>Ferodo worker’s family compensated over asbestos death Caernarfon Herald 6 May 2010</ref>
Advertising
Ferodo is famous in Britain for advertising by having the Ferodo brand name painted on railway bridges over main roads.<ref>Template:Cite web</ref> From 1968 until 1980, Hardie-Ferodo was the naming rights sponsor of the Bathurst 1000 in Australia. <ref>The History of Great Race Naming Rights Sponsors V8 Sleuth 19 August 2020</ref>
References
External links
- Template:Official website
- 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
Template:Automotive industry in the United Kingdom Template:Authority control \