- Goulds Pumps
Infobox Company
company_name = Goulds Pumps, Inc.
company_
company_type = Subsidiary
foundation = 1848 [Sveiby, p. 142]
founder = Seabury S. Gould
location_city =Seneca Falls ,New York
location_country =
location =
origins =
key_people =
area_served =
industry =Manufacturing
products = Industrial pumps
services =
revenue =
operating_income =
net_income =
num_employees =
parent =ITT Industries
divisions =
subsid =
owner =
company_slogan =
homepage = http://www.goulds.com
dissolved =
footnotes =Goulds Pumps, Inc. is a
United States manufacturer of industrialpump s based inSeneca Falls, New York . It was founded bySeabury Gould in the 1840s. The company is now owned byITT Industries .History
Downs, Mynderse & Company
In 1848, Seabury S. Gould purchased interests in Downs, Mynderse & Company, a Seneca Falls manufacturer of wooden pumps founded four years earlier. [cite web |url=http://www.gouldspumps.com/download_files/history/goulds_history.stm |title=History of Goulds |work=ITT Industries |accessdate=2008-06-26] The company produced the world's first all metal pump in 1849 and was
incorporated in 1864 as Downs & Co. Manufacturing Company. Just prior to theCivil War , the company fell on hard times and began manufacture ofknitting machines, which it then used to producesock s and components oflong underwear . After the death of Abel Downs in 1869, the three remaining partners incorporated the business as Goulds Manufacturing Company.Goulds Companies
In 1926, the company's name was changed to Goulds Pumps, Incorporated.
On
April 21 ,1997 , ITT Industries announced the acquisition of Goulds Pumps for a purchase price of $815 million in cash. [cite web |url=http://query.nytimes.com/gst/fullpage.html?res=9903E4DB153EF931A15757C0A961958260 |title=ITT Industries Makes $815 Million Bid for Goulds Pumps |work=The New York Times |date=April 22 1997 |accessdate=2008-06-26]Notes
Bibliography
*cite book| last = Sveiby | first = Karl Erik | title = The New Organizational Wealth | publisher = Berrett-Koehler Publishers | date = 1997 | isbn = 1576750140
Wikimedia Foundation. 2010.
