The Full Wiki

IMI plc: Wikis


Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.


From Wikipedia, the free encyclopedia

IMI plc
Type Public (LSE: IMI)
Founded 1862
Headquarters Birmingham, UK
Key people Norman Askew Chairman
Martin Lamb CEO
Industry Engineering
Revenue £1,901.0 million (2008)
Operating income £209.8 million (2008)
Net income £116.0 million (2008)
Employees 15,102 (2007)

IMI plc (LSE: IMI), formerly Imperial Metal Industries, is a British based engineering company headquartered in Birmingham. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.



The Company was founded by Scottish entrepreneur George Kynoch who opened a percussion cap factory in Witton, Birmingham in 1862, trading as Kynoch.[1] The business soon diversified, manufacturing goods ranging from soap and bicycle components to non-ferrous metals, but by the early 20th century it had developed particular expertise in metallurgy.[1] After World War I it merged with Nobel Industries.[1] In 1926 the Company acquired Eley Brothers, an ammunition business.[2] The Company, by then known as Nobel Explosives, was one of the four businesses which merged in 1927 to create Imperial Chemical Industries.[1] The Witton site became the head office of ICI Metals.[1] In the 1950s the company's researchers perfected the process for producing titanium on a commercial basis.[1]

The name Imperial Metal Industries Limited (IMI for short) was adopted on the 100th anniversary of the firm in 1962.[1] The Company was listed on the London Stock Exchange in 1966.[1] Initially ICI retained a majority holding, but in 1978 IMI became fully independent.[1]

In the 1990s the Company disposed of its more basic businesses such as metal smelting and metal founding.[1]


The Company now has five divisions:[3]

  • Severe service: control valves for environments such as power plants and oil and gas production facilities.
  • Fluid power: customised motion and fluid controls for manufacturing processes.
  • Indoor climate: building climate and energy management equipment.
  • Beverage dispense: beverage cooling equipment for caterers and retailers.
  • Merchandising systems: point of purchase display systems.


External links



Got something to say? Make a comment.
Your name
Your email address